In Germany, the country’s trade association has warned of significant supply chain disruptions due to the rapid spread of the highly infectious Omicron variant of the coronavirus, but said a long-term collapse of the supply chains was unlikely.
Berlin, January 13 (RHC)-- In Germany, the country’s trade association has warned of significant supply chain disruptions due to the rapid spread of the highly infectious Omicron variant of the coronavirus, but said a long-term collapse of the supply chains was unlikely.
“There is no risk of collapse, but of a massive disruption of the supply chain – at least temporarily,” BGA trade association president Dirk Jandura was quoted on Wednesday by Funke newspaper group as saying.
German industry has been hit by supply shortages of microchips and other components, while rising COVID-19 cases are clouding the outlook for retailers at the start of 2022.
