Cofigeo, a group which owns several food companies in France, has shut down four of its eight factories over energy costs.
The group warned that its energy costs were set to surge this year, with president Mathieu Thomazeau saying, “It will go overnight, from 4 million to 40 million euros.”
Last month, Perifem, a federation of French supermarket chains, warned that France could face major issues with food spoilage due to possible power outages and cuts, as many supermarkets would not have adequate time to prepare for outages.
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