Media & News
Stankevicius International CEO, Paulius Stankevicius, says that COVID-19 is creating a bubble in medical supply industry
Paulius Stankevicius, CEO and owner of Stankevicius International Limited, trading consulting firm, says that coronavirus, COVID-19 brings another huge wave of business opportunities since the crypto market crash. It’s a bubble, a temporal bubble, but parties in certain industries will actually profit a lot.
Companies selling medical supply equipment will rise tremendously in revenues and profits as well as grocery shops and certain home appliances. The prices of face masks have risen up to 1000%, and so other medical equipment pricing has also risen between 100-600%.
Currently surgical 3 layer face mask pricing ranges between 0.17$ and 0.75$ in local markets worldwide, depending on rarity and access to supply chains.
Stankevicius International consults buyers and suppliers for global medical supply trade. Stankevicius International is also donating regular 3 layer surgical masks to local communities in the Middle East and Asia Pacific.