of companies in the Covid-19 emergency – Second edition ”. Accordingly, the corona crisis had a significant impact on domestic companies. In November 2020, only about 48.5 percent of companies were fully open.
Big drops in sales
Between June and October 2020, 45.6 percent of companies recorded a decline in sales of between 10 percent and 50 percent. 32.2 percent have resorted to the wage equalization fund and 9.0 percent expect a sharp cut in staff.
20.9 percent of companies took out a new loan with public guarantees, while 31.2 percent of companies cut their investments by more than 20 percent in the second half of the year.
High costs due to corona measures
Several health and organizational measures have also had an impact on companies’ balance sheets. In particular, the renovation of the premises and the provision of disinfectants, masks and other personal protective equipment for the employees represented very high (12.7 percent) or high (39.9 percent) costs for more than half of the companies
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