Energy modernisation is the most urgent in retail trade

Businesses are taking steps against high energy costs: 6 out of 10 companies did something in the summer to reduce their energy bills, according to a K&H study. First and foremost firms are mainly thinking about investing in modernisation, but the rational use of lighting is also a popular measure.

This article is available for reading in Trade magazin 2023/10.

The response to higher energy bills varies across sectors. In retail trade 7 from 10 companies plan to introduce measures to cut energy costs. In contrast only half of firms are planning to do so in the industry and services. K&H’s survey reveals that the optimism of the previous quarter is gone: only 40% of companies are planning to invest in development in the next year, down from 57% – this is the lowest proportion in the history of the index. //