{"id":433,"date":"2019-01-18T12:42:48","date_gmt":"2019-01-18T11:42:48","guid":{"rendered":"http:\/\/pmr-restrukturyzacje.local\/pmr\/czeka-nas-fala-upadlosci-przez-prad-w-2019-roku\/"},"modified":"2019-01-18T12:42:48","modified_gmt":"2019-01-18T11:42:48","slug":"we-are-facing-a-wave-of-bankruptcies-due-to-electricity-in-2019","status":"publish","type":"post","link":"https:\/\/pmrsa.pl\/en\/we-are-facing-a-wave-of-bankruptcies-due-to-electricity-in-2019\/","title":{"rendered":"Are we facing a wave of bankruptcies through electricity in 2019?"},"content":{"rendered":"<p>Business conditions for Polish companies are deteriorating, alert analysts at PMR Restructuring SA, a company that saves companies from bankruptcy on a daily basis. The accumulation of negative market and fiscal factors, difficulties in finding employees and rising employment costs, a drastic reduction in profitability and profit margins... All this increases the risk of bankruptcy. Inevitable increases in electricity prices are a problem that will affect all companies, not only those in the energy and energy-intensive sectors, the specialists add.<\/p>\n<p>Electricity prices are rising steadily across the European Union. This is primarily due to <a href=\"https:\/\/pmrsa.pl\/en\/65-percent-of-companies-increased-prices-due-to-rising-energy-costs\/\"  data-wpil-monitor-id=\"485\">rising fuel costs and prices<\/a> CO2 emission allowances. Additionally, as a result of the entry into force of the MIFID II directive \u2013 which recognises CO2 emission allowances as financial instruments \u2013 financial institutions have also started trading them, which may have an impact on their even higher price.<\/p>\n<p><b>It's not just a Polish problem<\/b><\/p>\n<p>Looking at other European Union countries, we can see that electricity price increases are common. In Great Britain, in 2018, electricity suppliers increased electricity prices as many as 57 times, which translated into an additional direct burden on households in the amount of 840 million pounds. For comparison, in 2017, there were only 15 such increases. Interestingly, the highest increases were carried out by smaller suppliers outside the so-called Big Six, six <a href=\"https:\/\/pmrsa.pl\/en\/the-worlds-largest-chemical-company-lowers-its-annual-targets\/\"  data-wpil-monitor-id=\"331\">the largest companies<\/a> electricity traders \u2013 ranged between 16.7 and 38.3 percent. The largest suppliers limited themselves to increases of several percent \u2013 from 6.7 to 9.3 percent. The increases were introduced earlier and gradually, in order to meet the special price limit for households imposed by OFGEM (Office of Gas and Electricity Markets), the energy market regulator in Great Britain.<\/p>\n<p><a href=\"https:\/\/pmrsa.pl\/en\/gas-price-hikes-polish-land-and-omicron-threaten-restaurants\/\"  data-wpil-monitor-id=\"528\">Energy price increases in Poland<\/a>, regardless of the final solutions limiting their impact on recipients, undoubtedly reduce the profitability of enterprises. The most vulnerable to problems are energy-intensive industries, chemical companies, industry, etc., but the price increase will also affect ordinary small entrepreneurs, shopkeepers, small food producers, service providers. Consumption and investment will also decrease, which will indirectly affect everyone.<\/p>\n<div class=\"ramka1\">\n\u2013 Significant increases in electricity prices are another serious business risk factor \u2013 emphasizes Ma\u0142gorzata Anisimowicz, president <a href=\"https:\/\/pmrsa.pl\/en\/pmr-announcement-restructuring-sa-2\/\"  data-wpil-monitor-id=\"2191\">PMR Restructuring<\/a> SA.\n<\/div>\n<div class=\"ramka1\">\n- If only that were the only problem <a href=\"https:\/\/pmrsa.pl\/en\/inflation-the-biggest-blow-to-77-polish-companies\/\"  data-wpil-monitor-id=\"420\">Polish enterprises<\/a>, its effects would be limited. However, in a situation where many industries such as trade, construction or transport operate on margins of several percent, have huge problems with recruiting employees, which is also associated with rising wage costs, and significant increases in electricity prices can cause crisis situations in companies, which often leads to bankruptcy - explains Ma\u0142gorzata Anisimowicz.\n<\/div>\n<div class=\"stopka1\">\n<b>The material appeared in the Kurier Szczeci\u0144ski newspaper:<br \/>\n<img decoding=\"async\" src=\"\/wp-content\/uploads\/2023\/07\/kurierszczecinski.png\" title=\"\"><\/b><br \/>\n17 January 2019:<br \/>\n<a class=\"alink\" href=\"\/en\/20190117_ks_prad_upadlosci.pdf\/\">\" A wave of bankruptcies through electricity in 2019?<\/a>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Pogarszaj\u0105 si\u0119 warunki biznesowe dla polskich przedsi\u0119biorstw &#8211; alarmuj\u0105 analitycy PMR Restrukturyzacje SA, sp\u00f3\u0142ki na codzie\u0144 ratuj\u0105cej firmy od upad\u0142o\u015bci. [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[19],"tags":[],"ppma_author":[30],"class_list":["post-433","post","type-post","status-publish","format-standard","hentry","category-blog"],"authors":[{"term_id":30,"user_id":12,"is_guest":0,"slug":"teampmr-restructuring-pl","display_name":"Zesp\u00f3\u0142 PMR","avatar_url":{"url":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png","url2x":"https:\/\/pmrsa.pl\/wp-content\/uploads\/2024\/10\/logo2-e1729926426335.png"},"author_category":"","first_name":"Zesp\u00f3\u0142 PMR","last_name":"","user_url":"","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/comments?post=433"}],"version-history":[{"count":0,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/posts\/433\/revisions"}],"wp:attachment":[{"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/media?parent=433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/categories?post=433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/tags?post=433"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/pmrsa.pl\/en\/wp-json\/wp\/v2\/ppma_author?post=433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}