Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

Companies in Germany forced to slow, halt production due to gas prices

  • By Al-Mayadeen English
  • Source: Agencies
  • 25 Jul 2022 22:21
  • 2 Shares
2 Min Read

The rising cost of gas is causing companies to slow down or completely halt the production of goods and services.

  • x
  • Companies in Germany forced to halt their production due to gas prices
    According to the evaluation, the energy-intensive economy is particularly badly affected

The Association of German Chambers of Commerce and Industry (DIHK) said on Monday that a growing number of enterprises in Germany are forced to stop or reduce production due to increased gas prices.

An evaluation issued by the DIHK on Monday showed that "a total of 16% of industrial companies are forced to respond to the current energy situation by reducing production or partially abandoning some areas."

According to the evaluation, the energy-intensive economy is particularly badly affected: the values here are consistently twice as high as the average for the industry. A total of 32 percent of these energy-intensive companies are dealing with a reduction in production or a (partial) task of business areas. Almost a quarter of them, i.e. a total of 8 percent of all energy-intensive companies, have already implemented appropriate measures. A further 10 percent of the energy-intensive say they are in a corresponding dismantling process, and an additional 14 percent have such steps in their planning.

The DIHK evaluation also shows that many companies still have to procure significant quantities of gas for 2022 in the middle of the year. Only half of the industrial companies have already covered their gas requirements through contracts. More than a third still have to buy more than 30 percent of their annual requirements for 2022. This corresponds to a projected volume of up to 50 terawatt hours of gas.

Related News

Tehran pushes for balanced solution, urges E3 to resist external sway

EU Commission proposes trade curbs, sanctions on Israeli ministers

Read: Politically, winter is coming: German Economy Minister

DIHK President Peter Adrian said the numbers were "alarming," and added that they portray the extent to which the high energy prices burden the German economy.

Earlier this month, German authorities adopted a law that would enable the restoration of coal-fired power plants mothballed for climate protection reasons. It also proposed the possibility of restarting thermal power plants, operating on brown coal, which is the most harmful to the environment. 

At the end of June, Berlin announced the activation of the second stage of the emergency plan for gas, which involves saving measures.

If stage three is announced, the German Federal Network Agency will regulate who provides energy, prioritizing households.

  • Germany
  • Gas prices

Most Read

Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025
Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

  • Palestine
  • 14 Sep 2025
UKLFI’s latest faux pas, like "Israel’s" recent failed attempt at regime change in Iran, is unambiguously indicative of a flailing entity on the verge of extinction. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

Zionist lawfare operation facing collapse?

  • Opinion
  • 13 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A Hezbollah supporter who lost his sight in a pager attack carried out by "Israel" on Sept. 17, 2024, covers his eyes with a red headband inscribed with the name "Hussein" during Ashoura, July 6, 2025 (AP)
Politics

'We Have Recovered': Lebanon marks 1st anniversary of Pager Attack

The Arab neighborhood of El Za'im, on the outskirts of east Occupied Al-Quds in the West Bank, near where Israeli government says housing units will be built as part of the E1 settlement project, Thursday, August 21, 2025. (AP Photo/Ohad Zwigenberg)
Palestine

'Israel’s' deliberate policies drive West Bank economy toward collapse

Ben & Jerry's ice cream shop, Wednesday, Feb. 26, 2025, in Cambridge, Mass. (AP Photo/Charles Krupa)
Politics

Ben & Jerry’s co-founder resigns over parent company curbing activism

Trump’s approval rating falls to new low in second term: Poll
US & Canada

Trump’s approval rating falls to new low in second term: Poll

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS