Logo Die Sachsen News
News / Economy

East German textile industry calls for lower energy prices

East German textile industry calls for lower energy prices
An employee changes a bobbin with colored yarn in the winding department of a textile company. / Photo: Jan Woitas/dpa-Zentralbild/dpa
From: DieSachsen News

The eastern German textile industry is calling on the German government to ensure lower energy prices. The industrial electricity price currently under discussion completely bypasses medium-sized companies, the Association of the North-East German Textile and Clothing Industry (vti) announced on Friday. The enterprises of the industry are completely predominantly medium-size enterprises.

"All options for a stabilization of the energy market must be consulted", demanded the vti. This also includes putting nuclear power plants back into operation, it said. The energy tax must also be eliminated or significantly reduced. If energy prices do not fall, there is a danger that companies will give up.

The vti represents spinning mills, weaving mills, embroideries and other textile companies in the eastern German states and Berlin. According to the association, the industry has about 16,000 employees, including 12,000 in Saxony alone and 2500 in Thuringia.

Copyright 2023, dpa (www.dpa.de). All rights reserved

The translations are automated with the help of AI. We look forward to your feedback and your help in improving our multilingual service. Write to us at: language@diesachsen.com.
Sachsen News
Article from

Sachsen News

Sachsen News is responsible for the content itself. The platform's code of conduct applies. The platform checks and treats content in accordance with the legal requirements, in particular the NetzDG.

Social Media