New victim of high energy prices: energy supplier Watz asks for protection against creditors

Haubrechts also informs our editors that he is convinced that Watz will survive this. “We are 100 percent variable (read: the company does not offer energy contracts at a fixed price, ed.), so there is 0 percent risk in our company.” Above all, he now hopes that every customer will pay correctly for the energy used. “If that happens, we can complete all our obligations to customers with credit – who will be few due to the sharp increase in prices – and our suppliers neatly.”

–