The great Basque company signs a good start to the year, while inflation suffocates SMEs

Mercedes workers leave the Vitoria plant, which this year has an order book that could be record-breaking. / jesus andrade

The increase in costs and the difficulty of raising prices draw an activity without profitability in small companies

The first quarter of the year has seen how most of the large companies based in the Basque Country have presented good results. Except for exceptions such as Siemens Gamesa, with losses close to 800 million in six months, others have managed to get up to the rate of recovery with which 2022 began until the invasion of Ucr

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