商業快報

German industry sounds alarm over energy rationing plan

Supply crunch could devastate companies and cost economy tens of billions of euros

For 400 years, Carletta Heinz’s family has produced bespoke glass bottles for the world’s leading perfumeries in a factory on the edges of Germany’s Franconian forest.

But Russia’s invasion of Ukraine may force the 38-year-old chief executive to close the business before it enters its fifth century.

In the event of prolonged gas shortages, if Moscow decides to cut supplies to European countries that have imposed sanctions on Russia over the war, “we won’t be able to survive as a company”, she said. “We’d have to shut down the [glass-melting furnaces] completely, we’d lose the workforce . . . and it would be very hard to just restart production after a year or two.”

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