Deloitte: That is how the world’s factories protecting themselves from the effects of the corona virus

By: Trademagazin editor Date: 2020. 03. 23. 11:25

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.

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