At the side of the people who are in distress of a virus, may also be affected on the financial market. Sweden exports every year goods of the approximately 70 billion with China, which is Sweden’s eighth largest export market. This is a feature that allows the virus to hit, rather hard, against the company, says Mr Danish brewer carlsberg, president and ceo of the business organisations.
it has a higher handelstradition than many other comparable countries in Europe. We have always had to seek outside of our borders because we are a small country. To the effect of, for example, Germany and France are likely to be minor, since they have a much larger domestic market, “ he said.
in the two waves of the sea. The first one, the one in which we find ourselves in now, where the big companies are the hardest hit strongly by the closed factories, and a decline in demand. As the situation gradually starts to be restored, swipe to the end of the first wave of the market. Mr Danish brewer carlsberg forecasts that sub-contractors will be hit harder because of the bigger firms might have to cut back on their spending in order to make up for the losses you have suffered.
“ it is important, Therefore, that from the very beginning, to build up their supplies so that they have a number of different suppliers, at a variety of locations. In this way, spreading the risk of something like this happening. For contractors, it can be knivigare. They are also very dependent on a particular major player. Then you need to weigh the benefits with the risks associated with having a player you depend on.
with the american style that is taking the most damage. Peter Malmqvist, independent analysts, is assuming, however, that industries with more complex products, such as the automotive industry and mobile phone industry, is at risk.
As an example, you can take on the automotive industry. Where do you have the product, which is composed of many different components, and where there is a missing component, it can be vital. Of the product in addition to out soon in the market the situation is even more difficult.
Frederick Sidahl, president and ceo of the trade association Fordonskomponentgruppen (FKG), underlines the automotive industry’s difficulties. China is a major player in the automotive industry, and a number of Swedish suppliers of automotive components to China. Since it takes about 5-6 weeks for the boats to transport the components between China and Sweden, and to get noticed, so far, not much of a difference, but that may change soon.
“ It has already slowed down to some extent and it will slow down a bit more to the front. We will see how many car manufacturers are closing their factories in China and Hyundai has also discontinued its production in the country. Eventually, there will not be any material to build with, “ he Sidahl.
on how the epidemic is affecting Swedish companies, it will be when the quarterly reports start to be cabled in april.
for more information, see the Multi-thousand-stuck on a cruise ship – ten of the infected.
Overall, the Success of the work on a vaccine against the new coronavirus.
