Romanian Eagle
Chapter 74 Food Processing Industry
After the rectification of these Romanian state-owned enterprises, Romania has a new atmosphere. In the view of the crown prince, the country, like a machine, needs regular maintenance and replacement of damaged parts. After punishing the worms, Edel looked at an agricultural report in his hand.
Thanks to the mass production of fertilizers, now Romania's food production has also increased. After a large amount of food was planted, it was consumed locally in Romania, especially in several emerging industrial cities. Now some smart people see the business opportunity and put it into the food processing industry. This has changed the Romanian grain, which has always been exported at low prices, to a certain extent.
It seems that I have neglected the grain processing industry. Edel commented to himself in his heart that, as a grain exporter, he forgot this fast-acting grain deep processing industry. However, as a light industry Edel does not intend to enter this industry, it is still possible to support it through financial means. Thinking of this, Edel wrote an instruction and called a guard.
Leave it to Governor Wariochi
Okay, Your Highness.
In the Industrial and Commercial Bank of Romania, President Wariochi looked at the instructions given by the crown prince. As a royal family holding bank, it also has a lot of responsibilities when it gets the convenience of the royal family, and many times it has to cooperate with the instructions of the crown prince.
The funds in the bank are not very sufficient now, so we can only choose a good corporate support. Wariochi said to himself.
After making up his mind, he called the secretary. Send this to the branch below.
Good general manager. The secretary took Wariochi's documents and walked out of the office, intending to send telegrams to each branch.
In Uqba County, Moldova region, the economy here is a typical agricultural growing area. Here, both land nobles and businessmen are revolving around the theme of food cultivation. Most of these merchants are engaged in the business of seeds, fertilizers, farm tools, livestock, etc., while the nobles consider the output of the land, what to plant this year and what to plant next year.
Not long ago, a businessman named Bubak opened a local grain processing factory to sell flour. The business was not bad. I heard that he sold them all to Constanta. Now he plans to continue his efforts to open a biscuit factory, and now Boubaker is worried about funds.
Villas, look at the factory first, and then I'll find Lex from the bank, Boubak said to his son.
Father, is this really okay? You've been looking for him a few times, and we still have a big gap in our mortgage loan, or we'll find other ways. Braque's son, Vilas, said.
Those are vampires lending usury. I've seen too many people who have been bankrupt by them. Unless I have to, I won't find those vampires. Don't try to use this method all the time. Black taught a lesson to his own son.
Although Romania now has several large state-owned and royal banks, the private lending market has always existed. They make a profit by lending at high interest rates to people who can't borrow money in the bank. Most of these lenders are powerful locals, and they are not afraid of those who borrow money lazy. It also played a role in promoting Romania's industrial development before, but their life was not so easy under the impact of several major banks. There are still tenacious survivors, Edel also knows, but there is no way to completely eradicate them. This involves the local nobles and rich people, and even the crown prince does not dare to act rashly now.
After teaching his son a lesson, Blake put on decent clothes and came to the branch of the Industrial and Commercial Bank of China in Uqaba.
Is President Lex here? Blake said to the front desk staff with a smile after tidying up his clothes.
Mr. Blake, are you looking for the branch manager again, or is it because of that loan? the staff member asked him politely.
Yes, the amount you gave is not enough for the construction of the new factory. I would like to ask if it can be increased a bit. Even in the face of small staff, Braque answered politely. After all, a factory is inseparable from a bank.
If you offend him, I don't know that it can ruin your affairs that day.
Now that the branch manager is in the office, let me ask you. Seeing that Blake was so polite, the clerk felt a little embarrassed.
sorry to bother you.
You're welcome.
After seeing the staff member go in to report, Blake sat on the bench next to him and waited.
After the clerk who went to report came out, he saw Blake, who was waiting on the bench, talking. Mr. Brack, the branch manager has let you in.
Thank you for your help. After Brack thanked the little clerk, he walked to the door of the branch manager Lex's office and knocked on the door.
Please come in.
Blake opened the door and saw Lex busy.
After the branch manager looked up at Blake, he continued to speak. Mr. Brack, please take a seat, I'll be right away.
Okay, I can wait. Blake found a stool and sat on it and waited.
After a while, the Lex branch manager asked after finishing his work. Mr. Brack, are you still taking a loan this time?
Yes, I need 230,000 lei to build a biscuit factory this time, but I only have 40,000 in savings now, the gap is a bit big. Braque said his intention.
The branch manager of Lex, who was sitting behind his desk, said after listening to his message. Mr. Brack, how much does your current processing plant cost?
One hundred and fifteen thousand lei.
Lex, who heard Black's answer, continued. Mr. Brack, you should know the rules of the bank mortgage loan.
I know.
Our bank gives you a mortgage of 100,000 lei, which is the highest price. We can't borrow as much as you need, and I don't have that right. Mr. Black, do you understand what I mean? The head of the Sri Lanka branch also had a headache for this somewhat stubborn middle-aged man. He had run to the bank several times, and Lex had no choice but to hope that he would give up this time.
After hearing Lex's words, Blake still asked a little reluctantly. Is there really no way?
Mr. Brack...
Da da da. Just when Lex was going to give him up completely. There was a knock on the door.
Come in. Lex was a little uncomfortable with the knock on the door that interrupted his speech, but it's not easy to get angry now.
President, this is a new instruction from the head office. After opening the door, a clerk took out a telegram and handed it to Lex.
After hearing the instructions from the head office, Lex didn't care what he said to Blake, and picked up the telegram signed by Wariochi and read it.
In this telegram, the head office instructed that each branch could give preferential treatment to the food processing industry within its jurisdiction. For enterprises with good assets, the loan scale can be appropriately expanded. In general, it can support the food processing industry to a certain extent.
After reading the telegram, Lex had only one thought. Brack, this stubborn guy, is really lucky.
After reading the telegram, Lex looked at Blake, who was sitting in front of him. Mr. Braque, we can give you a certain amount of discount for this loan. According to your situation, you can loan 180,000 lei.
Hearing Lex's sudden change of tone, Blake was ecstatic in his heart. I didn't give up hope, who knew that there was such a good thing, and I didn't care to ask why, Braque quickly thanked him.
Thank you, President Lex, very grateful.
Seeing the somewhat incoherent Blake, Lex called a bank clerk to handle the payment for him.
The food processing industry received support from the bank because of an order from Edel. Many people have benefited, and this industry, which has only begun to develop in Romania, has the opportunity to continue to grow. I believe that in a few years, they will have the opportunity to repay the care of the crown prince.
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