Financial TimesFinancial Times

Will the energy crisis crush European industry?

By Peggy Hollinger, Chris Campbell, Sarah White, Marton Dunai and Madeleine Speed

19 Oct 2022 · 11 min read

Editor's Note

In The Big Read from the Financial Times, we discover the impact that the energy crisis is having on a wide variety of industries across Europe. How will the coming months shape the future?

As European businesses brace for energy shortages, workers at one plant in south-eastern France are getting a new winter wardrobe.

Saint-Gobain, the French building materials group, has ordered extra warm coats and gloves for staff at its warehouse in the Alpine town of Chambéry, who have agreed to turn down the heat this winter. In order to cut gas consumption, temperatures will be closer to 8C, instead of the usual 15C. 

Sign in to informed

  • Curated articles from premium publishers, ad-free
  • Concise Daily Briefs with quick-read summaries
  • Read, listen, save for later, or enjoy offline
  • Enjoy personalized content