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The long winter of energy-intensive companies

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“The most serious fact is that it is only a European phenomenon and in China, with the price of energy unchanged, our local customers, such as Haier or Midea, do not accept price adjustments linked to the rise in energy costs”. Luca Villa is president of VR group, one of the main porthole manufacturers in the world. “The bill has more than doubled” he explains, and the company, like other Italian energy-intensive companies, is preparing to face a complicated winter in terms of costs, after a fourth quarter …

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