GLT Bearings records over 10% increase in sales
2022. A review of the year – not just on figures
The defining theme of 2022 was Russia’s war against Ukraine and the resulting consequences for procurement, logistics, energy and the labor market. Combined with the zero-covid strategy of the Chinese leadership, this created a market situation that was hardly predictable and certainly not predictable. Many supposed certainties are now a thing of the past, as is an inflation rate of less than 1%.