There is a significant cost increase in 2008. In particular, the energy cost and the labour cost to be expected will hit us hard. In addition, the metal prices which need to be prefinanced by us continue to be at a high level. Much to our regret, we have to pass on a part of the increased costs to our customers. Subject to product it may vary between 3-4.5%. The very energy intensive production of nickel silver products requires already an energy surcharge of 3%.

Thank you for your understanding.