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Coronavirus: 1 in 5 Czech businesses impacted by quarantine measures, HK ÈR survey shows |
Prag, 19.03.2020 |
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The government’s recent measures to prevent the spread of the novel coronavirus have impacted around 20 percent of businesses in the country, a lightning survey conducted by the Czech Chamber of Commerce (HK ÈR) has found. Most expect sales revenues to drop by 40 to 60 percent. Those hardest hit are the self-employed and small businesses.
The most serious complications stem from a drop in sales as demand has decreased. All restaurants, pubs and non-essential shops have been closed as part of the quarantine, although some still operate on a “take-away” basis.
Meanwhile, bans on travel and group meetings, and border closures, have hit a variety of businesses including airlines, event organisers and the hotel sector.
Many companies will be forced to delay payments to suppliers, which will in turn have a negative effect on businesses involved in the supply chain, Czech Chamber of Commerce chairman Vladimir Dlouhý says. As a result, all Czech citizens will feel the consequences, he said.
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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