The Guardian. April 2022. Firms will go bust’: Germany prepares for a future without Russian gas.
In Germany, they call it “Day X”. Businesses up and down the land are making contingency plans for what is seen as a growing likelihood that Russian gas will stop flowing into Europe’s biggest economy.
“It would be a disaster – one which would have seemed almost unthinkable just two months ago, but which right now feels like a very realistic prospect,” the owner of a hi-tech mechanical engineering company in western Germany said. The firm produces everything from battery cases for electric cars to train clutch systems.
The speaker did not want to be named, or for his company to be identified, in part for fear, he said, of appearing to support Russia’s war by making the case that if the gas is turned off, his century-old business “will likely not survive”.
But he says he is in a deep quandary and feeling very vulnerable, as he is not only heavily reliant on gas – the cost of which has already soared – but also on metals such as nickel and aluminium, much of which comes from Russia.