COVID-19 UPDATE/2020

In line with its initial response to the Covid-19 epidemic, BEC continues to take the appropriate actions to protect the health of its people and, where possible, of its customers and suppliers. We have activated their business continuity plans and have facilitated remote working wherever possible, in strict compliance with the decisions taken by local governments and the recommendations of the World Health Organization.

Current developments in the epidemic are threatening the global economy with a systemic crisis. In response, BEC organized departments to discuss and formulate work plans and arrangements during and after the epidemic prevention and control to ensure that the possible impact of the epidemic on customers is minimized.

In these unprecedented circumstances, the 2020 targets are no longer relevant. It is still too early to revise them at this stage. 

BEC has put measures in place aimed at maintaining a tight rein on costs and cash. These include suspending all non-essential investments and putting in place an austerity plan for its worldwide operations.