German frozen food suppliers and refrigerated food logistics companies are warning significant food supply issues are coming. Many producers and transportation companies cannot afford to continue operating with skyrocketing energy prices across Europe.
“The financial standing of food producers is deteriorating every day, which could soon result in a wave of bankruptcies in the industry. They warn that government intervention is needed to salvage the situation. In particular, they are calling for financial support for energy-intensive medium-sized producers in the deep-freeze chain.”