The stationers declared a “state of emergency throughout the country”

The Confederation of Hydrocarbons and Related Trade Entities (CECHA) resolved to declare the state of emergency in the service stations throughout the country in view of the lack of responses from the Government to the “growing decline in the profitability of the sector”.

We are with the noose around the neckinflation and the delay in fuel prices makes unsustainable
keeping the stations open.
We need a solution”, warned the chambers and federations grouped under the entity.

As they explained, the companies in the sector registered a loss of profits since the pandemic “with the drop in sales and the price freeze“.

May inflation would pierce the 8% floor and Massa aims to pave the way for a candidacy

“Then, the picture gradually improved but today we find ourselves in a critical context due to inflation and the delay in prices in the pumps”, they added from CECHA.

What are the claims to the Government?

At the same time, the authorities They questioned the implementation of Fair Prices when stating that it does not alleviate the situation of the parkers since It is not enough to cover salary updates.

In order to graph the complex situation of the activity, the operational organization that the income of the service stations from the sale of fuels They were frozen between May 2021 and January 2022.

Added to the freezing was the path set by the Ministry of Commerce through the program so that prices do not exceed 4% per month between December 2022 and May 2023.

Fair Neighborhood Prices are already in force: what items are included and where can you consult the prices

Why did they declare a state of emergency across the country?

“If we project to August of this year, the mismatch between contained income and updated expenses will lead to half of the stations in the whole country without reaching the equilibrium point today located at 330,000 liters per month ”, they warned.

In that line, heas entities demanded “specific palliative measuress that allow us to get out of the crisis we are experiencing, to be able to cover the costs of daily operation and comply with joint agreements”.

“Faced with the lack of response from the Government and with the sole objective of guaranteeing the operation of the stations and the miles of jobs, we have decided declare a state of emergency and take the measures within our reach to reverse this situation”, they closed.

MF / LR

Anna Edwards

Recent Posts

The role of pricing growth in long-term value creation with expensive capital

As the cost of capital climbs, pursuing growth transforms into something far more nuanced than…

1 day ago

How did Titanic’s technical innovations affect 1990s movie production?

Released in December 1997, James Cameron’s Titanic emerged as not just a box office juggernaut…

1 day ago

From single-plant projects to industrial hubs in carbon capture development

Hard-to-abate industries such as cement, steel, chemicals, refining, and heavy transport account for a large…

2 days ago

Switzerland: CSR cases advancing responsible finance and corporate transparency

Switzerland’s international financial and trading hubs have traditionally served as powerhouses for banking, wealth management,…

2 days ago

Business models that control costs effectively in slower-growth environments

A slower-growth environment is characterized by modest demand expansion, cautious consumer spending, tighter capital markets,…

1 week ago

How cyberattacks on critical infrastructure impact technology expenditure strategies

Cybersecurity threats have shifted from being a technical concern to a central business risk. As…

1 week ago