Over 300 French companies urge govt to take action on surging energy prices

Over 300 French companies have alerted the country’s government to the negative effects of the surging energy prices, Minister Delegate for Industry Roland Lescure has said here.

Lescure told French broadcaster Sud Radio that the risk of the companies going under remains limited, and that the government has no plans to extend the energy tariff shield to companies with more than 10 employees, Xinhua news agency reported.

According to Lescure, these companies have long-term supply contracts that protect them from the increase in energy prices.

More than one out of two French industrial companies said they had suffered consequences from the energy crisis and that their production bottlenecks had affected profitability.

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