Chapter 201： The booming food processing industry

While Romanian shipping merchants are trying to find opportunities for their own survival, other merchants are also looking for a way out. For the companies that currently dominate exports from the three countries, Germany, Austria and Russia, it is much better now. The merchants who use Western Europe as the market are also sad, but these merchants still adjust relatively quickly and cannot get the Western European market, so they are looking for opportunities in Germany and Austria.

There is a kind of private enterprise that does not worry about the closure of the strait at all, and that is the deep processing of grain. Since Romania now bans food exports, products that process various foods are not included in the ban. Now Germany and Austria are discussing the purchase of food with the Romanian government on the one hand, and on the other hand they are buying these foods in Romania on a large scale. This benefit is felt in Bubak in Uqaba County.

"Anchaco, let me bring the wheat from Busa in Tolu Town. I have already negotiated with him."

Bubak’s now vigorously directing workers do not have the embarrassment of a few years ago. He has benefited from early deployment and boldness. Now he is the largest grain processing factory in Uqaba County and the largest enterprise in the county. It is also a well-known grain processing factory in Moldavia. Now he has two biscuit production lines and two canning production lines. These foods he produces are exported to various countries, among which Germany and Austria are his biggest sales places. There are now 600 people working in his factory, and the amount of grain used every day reaches 20,000 kilograms. Now he buys 5% of the grain produced in the county.

The current hot scene of the grain deep processing industry has also stimulated Bubak. He has never seen such a scene since he opened the factory. The production was immediately taken away, and the price was still increased by 20%. Of course, as a qualified businessman, the only thing he needs to do now is to expand production, and he is also prepared to do so.

"Villas, look at the factory, I'll go to the bank."

Bubak put on decent clothes and told his son. Now his son is the deputy general manager of this factory, and he is the general manager. This is a typical family business.

"Good dad, I will be optimistic about the production situation in the factory."

He is still very satisfied with his son's answer. His son Vilas is now almost 30 years old. He plans to hand over the factory to his son within a few years of observation. And he will see if there are any development opportunities in other industries.

Even though Bubak is earning money now, he is still more economical. Now he is still driving his Model T car for several years to the Industrial and Commercial Bank of Ukbar. He has made an appointment with Brad, the head of its branch, to talk about borrowing.

The Bradley President was transferred two years ago, and he replaced the former President Lex who was transferred to Iasi. In the past two years, the relationship with Bubak has been pretty good, and he is quite supportive of its lending situation.

"President Bradley, how about my loan this time?"

Bubak came to the president's office and couldn't wait to inquire.

Now Bubak is a big celebrity in Uqaba County. With his own efforts, he has become the largest private enterprise in the county. So like a few years ago, he needed to be notified of the difference, now he can walk directly into the long office.

Facing Bubak’s question, President Bradley pushed his glasses with his hand and said. "This time, the 100,000 lei loan you need is too much. We have learned that your factory still has 430,000 lei loans that have not been paid off. Now that you have so many loans, I can't explain it to the head office."

Facing President Bradley’s inquiry, Bubak talked a little eagerly at the time. "This loan is indeed a bit more, but you also know the current market situation of the grain processing industry. Now that the business is so hot, there is no problem with our repayment ability."

Hearing the explanation of the factory owner in front of him, President Bradley also mentioned the reason for his inquiry. "You don't know, the economic situation is so hot now, and there are too many people who borrow. Our bank has already loaned a lot of money, and now the head office has issued several requirements for each branch to pay attention to borrowing. This time your loan amount is again. It is very large. Our branch also has loan quotas that cannot cross the line, so the necessary understanding and investigation are also necessary."

Upon hearing President Bradley’s painstaking explanation, Bubak asked. "Then how much money can we borrow, if it is less, we might as well think of other ways."

Hearing the faint threat from Bubak, President Bradley ignored it and spoke directly. "Now based on your factory's balance sheet and operating conditions, we can only give 600,000 lei, and the term is up to 5 years, and interest rates can no longer be discounted."

Hearing President Bradley’s condition, Bubak talked about it immediately. "Why, didn't the grain processing industry have preferential treatment before?"

"Then do you know how many loans our bank provides to the grain processing industry?"

"This is the secret of your bank. How do I know this."

"In the past few years, we have loaned 67 million lei, and 670,000 is a dead account. Now this situation makes the head of Warioch's head bigger ~ www.novelhall.com ~ how can it be repaid."

Facing the bank loan situation mentioned by President Bradley, Bubak knew that he could only borrow so much this time. Even in this situation, he never thought about getting loans from other banks. It's not that Bubak is nostalgic, but ICBC is the most relaxed of these banks. If other banks were estimated to be able to borrow 500,000, he would have tried it a long time ago.

But he still said bitterly. "Well, we are thinking of other ways. Now the price of production equipment is also rising sharply. The production line of cans and biscuits I plan to buy has increased by 5%, which is really not letting people live."

After hearing Bubak’s vent and still chose to accept it, President Bradley said with a smile. "Then let me ask you to go through the procedures. I also know that your factory is profitable. But the bank still needs to control risks, so there is nothing to do."

After finishing the loan procedures in the bank, Bubak rushed to buy the equipment. Now this hot business makes him very proud. He plans to order machinery first before considering where to find a sum of money.

Actually there are quite a few merchants like Bubak in Romania. They are all relying on the opportunity of Romania's development and stand out from the crowd. Some of them have succeeded, while others have failed. However, in the face of the huge needs of the alliance and the agreement, it depends on whether these people can seize the opportunity.

But now is not the time to care about these. Now that the Western Front of World War I has entered a stalemate, after failing to quickly defeat the British and French coalition forces, Germany needs to consider this year's food gap. And looking around can provide them with a large amount of food, only Romania is the choice. This will be another trading moment.