Recent months have been associated with price volatility and difficulties in the availability of raw materials, the scope and size of which have been unheard of in recent years. The economic crisis related to the pandemic causes production downtime caused both by the shortage of basic raw materials and human resources problems in production departments. The result is the limited availability of intermediates, including aluminum profiles, steel, plastics with an unprecedented increase in their purchase prices. Every day we receive information from our suppliers about planned or immediate price increases. Despite the preventive actions taken by the Company, it is not possible to maintain the sales price relation at the current levels.
Due to the above, we are forced to increase the prices of the products we offer. Price changes depending on individual product groups will range from 6% to 30%. In the coming days, individual price lists will be presented to you, which will apply from May 24, 2021. Orders placed before that time will be realized at the old prices while stocks last and after prior confirmation of availability. We make every effort to ensure that the scale of the increases is as small as possible. We monitor the situation to adapt our activities to dynamically changing conditions, but in the
current situation, the decisions made are the only solution to ensure you uninterrupted availability of inventory of components and their continuous sale. Thank you for your understanding. We hope that the change will not affect our cooperation so far. If you have any questions, please contact the employees of the Export Department.
Head of Export Sales