Wave Of German Insolvencies Picks Up Speed…”Tenfold Increase In Gas, Electricity Prices”

As Germany’s electricity and natural gas prices soar, a wave of companies – some having a long tradition – are filing insolvency. Many midsize companies rely on natural gas as a source of energy, but prices have multiplied since early this year. Blackout News here reports toilet paper maker Hakle has filed for insolvency, citing … Continue reading Wave Of German Insolvencies Picks Up Speed…”Tenfold Increase In Gas, Electricity Prices”