German industries struggling to replace Russian imports – poll ...News

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German industries struggling to replace Russian imports – poll
It’s “not possible” to substitute supplies from Russia, Belarus, and Ukraine for almost 14% of the country’s industrial companies, and for another 16% it’s not economically viable, a survey has found German industrial companies are finding it “impossible” or “not economically viable” and “only partially possible” to replace imports from Russia, Belarus and Ukraine, which came to a halt due to the conflict in Ukraine and the introduction of harsh economic sanctions on Moscow and Minsk, a poll by the Ifo Institute has revealed. When asked if they’ll be able to substitute deliveries from those countries, 13.8% of the

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