Trademagazin > News and articles > Market News > Deloitte: That is how the world’s factories protecting themselves from the effects of the corona virus
Deloitte: That is how the world’s factories protecting themselves from the effects of the corona virus
The drastic measures (quarantine, border lock, curfew, etc.) introduced worldwide due to the coronavirus epidemic have put the manufacturing sector in the affected countries in a difficult situation. Several plants have come to a complete standstill, supply chains have slowed down, there is a shortage of raw materials and labor, or even unemployment threatens. In parallel, the future of countless small and medium-sized enterprises is at stake.
“In addition to state measures, manufacturing companies also need to consider how they can secure their position in the short and long term. There are more tools available in the existing regulatory environment, such as payment relief or tax relief” – Gábor Zoltán, Head of Deloitte Manufacturing Group said.
Related news
Investor survey: global business sector’s expectations for world economic growth this year are deteriorating markedly
The global business sector’s expectations for this year’s global economic…
Read more >IT spending growing at an ever-faster pace worldwide – Where do Europe and Hungary stand in the global competition?
Global IT spending is growing at an accelerating pace, with…
Read more >In the Shadow of a Tariff War – Will American Protectionism Upend the Global Economy?
The trade conflict between the United States and China, which…
Read more >
More related news >
Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >More expensive Barbie, thinner Heinz – Trump’s tariffs redraw the global consumer market
The impact of Donald Trump’s tariff policy is affecting more…
Read more >Almost 20 percent cheaper food? The government is satisfied with the results of the margin reduction
“Thanks to the margin reduction, more and more products can…
Read more >