Italian manufacturers seek to reduce dependence on the Russian and Ukrainian markets
27.07.2022 1890

Italian manufacturers seek to reduce dependence on the Russian and Ukrainian markets

At a meeting of the Association of Italian Manufacturers (Assocalzaturifici), the chairman of the association, Ciro Badon, noted the importance of digitalization processes and the desire to meet the standards of sustainable production, and also spoke about the serious problems that the Italian shoe industry is experiencing in connection with the Russian-Ukrainian conflict, writes Worldfootwear.com.

At the meeting, the chairman of Assocalzaturifici noted that the conflict between Russia and Ukraine had a significant impact on the recovery of the footwear industry sector after the pandemic He noted that last year Italy saw an increase in production levels, but in the current macro-economic conditions, Ciro Badon is looking at the second half of 2022 years with more care.

“Recovery also means coming to terms with serious uncertainty and a looming recession caused by the Russian-Ukrainian conflict, which is exacerbating certain phenomena such as rising costs of raw materials, energy and runaway inflation,” commented Ciro Badon. He said footwear companies (particularly in Marche and Emilia-Romagna) are being forced to diversify quickly to reduce dependence on the Russian and Ukrainian markets, while the government has limited room to maneuver as most resources are being used to limit the impact of the energy crisis. crisis caused by rising electricity prices.

At a meeting of the Association of Italian Manufacturers (Assocalzaturifici), the chairman of the association, Ciro Badon, noted the importance of digitalization processes and the desire to meet standards ...
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