Market: Swiss steelworks ready to reduce working time to save energy, press reports

ZURICH (Archyde.com) – Swiss steelmaker Stahl Gerlafingen has gotten the go-ahead from the authorities to cut the working hours of its workers and deal with soaring energy bills, which are now at their peak in a month. cost so far in a year, reports the NZZ am Sonntag on Sunday.

“High energy prices threaten our existence,” said the general manager of the steelworks owned by the Italian Beltrame Group, Alain Creteur, quoted by the Sunday newspaper.

“Perhaps no one should be put on short-time work. But maybe we should also send home some or all of our 560 employees,” he added.

No comment might be obtained from the company on Sunday.

According to NZZ am Sonntag, a “stress test” campaign is planned this month in Switzerland to examine how large energy consumers would react in the event of electricity rationing to avoid a shortage this winter in the wake of the energy crisis caused by the war in Ukraine.

(Michael Shields, Gilles Guillaume for the French version)

© 2022 Thomson Archyde.com

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