AEB CEO Schilling: European trade adapts to new realities
MOSCOW, February 20 – RIA Novosti. European business is adapting to new realities, although the current crisis is bigger than previous crises of the European Business Association (AEB), which has existed for nearly three decades, Tadzio Schilling, the association’s managing director, told RIA Novosti.
“The AEB was founded in 1995. During these almost three decades, the association and its members have experienced multiple crises, but it would be fair to say that the current crisis is deeper and larger than previous crises,” he said.
“Like our members, we had to adapt to new realities,” the AEB CEO added.
At the same time, according to him, the main mission of the association remained unchanged. “To help European companies, our members, survive the current crisis and keep their channels of communication open the day after tomorrow, if not tomorrow,” Schilling stressed.
He noted that the sectors most affected are aviation, oil and gas, logistics, professional services, the financial sector, the automobile industry, high-tech equipment manufacturing and dual-use goods.
The CEO of AEB added that there are other industries that are heavily impacted by the various sanctions restrictions.
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