The Minister of Agriculture and OSEO, which mission is to finance and support the innovation and development of companies, had established the modernization funds of sawmills that will receive 1,5 millions euros in 2011. Their purpose is to promote the investments in sawmills and companies of forest exploitation. This guaranty fund follows particularly to reduce the commercial deficit of the field. Bruno Le Maire, the Agriculture minister, on 6th of April 2011, had announced the modernization fund of sawmills. OSEO and the Ministry of Agriculture have signed a convention regarding the launch of the loan on 23rd of June 2011.
Source: http://www.oseo.fr |
