Post by Markus Seibold

Monday morning question: how much % of your POs are you meanwhile souring (again) from Europe? Strait of Hormuz open. Strait of Hormuz not open. Military blockade yes. Military blockade no. And on and on it goes. I promise supply chain resilience to our clients. And now to some extend are victim of those global developments myself. We’re acting. And we’re trying to pull back more and more supply chains to Europe. It’s a challenge however to still meet competitiveness especially in terms of cost. How much of your POs are you souring from Europe?