The State Grants a Loan of 2 Million Euros to the Fibre Excellence Plant in Saint-Gaudens
6 Articles
6 Articles
The State will grant a loan of 2 million euros to the Fibre Excellence pulp mill, in Haute-Garonne, currently in the process of judicial reorganization. In mid-September, the commercial court granted a new three-month period to the last pulp manufacturer in France, so that the...
In judicial reform since April, the Saint-Gaudens site is receiving public financial support through the State Economic and Social Development Fund.
"The loan will be paid by BpiFrance Assurance Export on behalf of the State in accordance with the terms described in the loan contract between SAS Fibre Excellence Saint-Gaudens and BpiFrance Assurance Export", is it written in this order stating that this loan is carried out under the programme of the Fonds de développement économique et social (FDES). The latest producer of paper pulp in France, the Fibre Excellence group hopes to rescue its …
The State grants a loan of two million euros to Fibre Excellence Saint-Gaudens in Haute-Garonne, the last pulp producer in France. In judicial reform, the factory benefits from a period of three months...
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