The gastrointestinal area is one of the areas most affected by coronary artery crises and most surgeries still result in a loss. Due to the current situation, some companies have remained closed to save costs.
At the same time, massive layoffs threaten the collapse of many restaurant facilities, representatives of the Federation of Employers’ Unions and the Slovak Gastronomy Alliance warned at a press conference on Wednesday.
They need financial help
After two waves of the novel coronavirus epidemic, some companies have not been able to create sufficient financial reserves and their poor financial position is also negatively affected by the COVID mechanism. In practice, this means a significant reduction or abolition of paid aid, which entrepreneurs still rely on.
“This sector is heavily burdened with past expenditures,” said President AZZZ Tomáš Malatinsk. According to Malatinsky, one possibility to help is a reduction in value-added tax. He said that although VAT has been reduced in other countries, their overall collection has increased.
In addition to the VAT reduction, the head of the Slovak Gastronomy Alliance, William Pavlovsky, will also welcome back Action 3B of the Ministry of Labour, Social Affairs and Family to support business. At the same time, he says, the digestive system is understaffed after the second wave of the epidemic. “What we have left is gold we have to strive to preserve.” Pavlovsky claims.
They employ thousands of people
However, the biggest costs for companies are employees, which makes the equipment sector specific. However, companies are already facing the third wave of the epidemic, which is restricting their business, especially in the burgundy and black areas.
Pavlovsky denied that the proposal to reduce value-added tax will not win the support of politicians, although this was not envisaged in the draft state budget for next year. According to him, Finance Minister Igor Matović (OĽANO) “has not taken this idea off the table” and in principle Prime Minister Eduard Heger (OĽANO) or Economy Minister Richard Sollick (SaS) is allegedly agreeing to this aid for restaurants and other establishments.
Malatinsky noted that the equipment sector currently employs about 160,000 people, and besides service facilities, there could be more than 200,000 people. Therefore, according to him, the same attention should be paid to such operations as, for example, Volkswagen Bratislava and US Steel Košice.
“Organizer. Pop culture aficionado. Avid zombie scholar. Travel expert. Freelance web guru.”