NewsWorldVolkswagen may move production from Eastern Europe if the...

Volkswagen may move production from Eastern Europe if the gas shortage persists –


The German automaker Volkswagen could shift production from the domestic market to Eastern European countries if the current gas shortage continues beyond the next winter. This shows the extent to which the energy crisis triggered by Russia’s invasion of Ukraine can affect European industry. We inform about it based on a Bloomberg report. The largest car manufacturer in Europe announced this week that if problems with gas supplies persist for a long time after this winter, one of the options for solving production in the medium term is to move it to other countries. VW has large plants in Germany, the Czech Republic and Slovakia, and these countries are among the most dependent on Russian gas in Europe. Russia’s decision to severely limit natural gas supplies to Europe has raised fears that gas will be rationed in Germany. The latest information that the reservoirs are already 90 percent full, which is why Germany has exceeded the original expectations, has eased fears of a lack of gas during the winter months, but the Germans still face the risk that they will not be able to replenish their depleted reserves without Russian gas in the next season. As a Volkswagen spokesperson said in a telephone interview, in the event of the company’s decision to move production, countries in the southwest of Europe, or coastal areas in northern Europe, would have the best chances. They have better access to liquefied natural gas imported by sea. Volkswagen already has plants in, for example, Portugal, Spain and Belgium, i.e. in countries that have LNG terminals. Although VW said it had “prepared as best it could” for a possible gas shortage during the winter, it is worried about the consequences of high raw material prices on its suppliers. “Politicians must limit the current uncontrolled explosion of gas and electricity prices,” said VW’s head of external relations Thomas Steg. “Especially small and medium-sized energy-intensive enterprises will have huge problems in the supply chain and will be forced to reduce or even stop production,” added Steg. 01 – Modified: 2022-09-23 07:33:38 – Feat.: 1 – Title: Volkswagen threatens to leave Eastern Europe due to the gas crisis, this also applies to Slovakia 02 – Modified: 2022-09-22 18:19: 56 – Feat.: 1 – Title: Volkswagen should be able to maintain production in the coming months 03 – Modified: 2022-09-22 10:29:42 – Feat.: 1 – Title: The Swiss will bring three thousand salaries to Košice, to the east Slovakia is aiming for an investment worth millions of euros 01 – Modified: 2022-09-23 09:39:14 – Feat.: – Title: The decline in activity in the German private sector significantly deepened in September 02 – Modified: 2022-09-23 09:15 :01 – Feat.: – Title: Thirteen countries of the European Union have exceeded the limit for gas storage, four states fall behind 03 – Modified: 2022-09-22 15:56:35 – Feat.: – Title: Germany is ready to accept Russian deserters: Whoever hates Putin’s way and loves democracy is welcome 04 – Modified: 2022-09-21 10:42:31 – Feat.: – Title: German police raided the apartments of a Russian oligarch. He is suspected of violating sanctions 05 – Modified: 2022-09-20 16:37:13 – Feat.: – Title: The German vaccination commission recommends the administration of a booster dose aimed at omikron



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