Chapter 201 The Grain Processing Industry Flourishes

While Romanian shipping merchants are looking for opportunities for their own survival, other merchants are also looking for a way out. For the enterprises that now account for the majority of exports from Germany, Austria and Russia, it is much better now. And the merchants who used Western Europe as the market were also sad, but these merchants still adjusted relatively quickly and could not get the Western European market, so they looked for opportunities in Germany and Austria.

There is now one type of private enterprise that is not at all worried about the closure of the strait, and that is the deep processing of grain. Since Romania now bans the export of grain, products that process various types of food are not prohibited. At present, Germany and Austria are discussing with the Romanian Government the purchase of grain on the one hand, and on the other hand, they are purchasing it in Romania on a large scale. Bubak in Ukba County felt the benefits.

"Anchaco, let the wheat be brought over to Busa in the town of Toru, and I have already negotiated with him."

Bubak's now high-spirited command of the workers is completely devoid of the embarrassing scene of a few years ago. Thanks to his early layout and boldness, he is now the largest grain processing plant in Ukba County, the largest enterprise in the county, and one of the more well-known grain processing plants in Moldavia. Now he has two biscuit production lines, two canning lines. The food he produces is exported to all countries, among which Germany and Austria are his largest sales destinations. His factory now employs 600 people, needs 20,000 kilograms of grain a day, and now buys 15% of the grain produced in the county.

Now the hot scene of the grain deep processing industry has also stimulated Bubak. He has never seen such a scene until he opened the factory, and the production was immediately snatched up, and the price was 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.

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

Bubuck put on decent clothes and spoke to his son. Now his son is the deputy general manager of the plant, and he is the general manager, which is typical of a family business.

"Okay Dad, I'll be optimistic about the production of the factory."

He was still satisfied with his son's answer, his son Velas, who was now almost thirty years old, and he planned to hand over the factory to his son after a few years of observation. And he will see if there are other opportunities for development.

Although Bubuck is now making money, he is still more frugal. He is still driving his Model T for several years to the Industrial and Commercial Bank of Ukba, where he has made an appointment with his branch president, Bradley, to discuss the loan.

The Bradley president was transferred two years ago, replacing his predecessor, Governor Lex, who was transferred to Iasi. In the past two years, the relationship with Bubak has been good, and he is still quite supportive of his lending.

"President Bradley, how happened to my loan this time?"

Bubuck came to the governor's office and couldn't wait to ask.

Now Bubak is a big celebrity in Ukba County, and he has become the largest private enterprise in the county with his own efforts. So unlike a few years ago, he needed to make a report, and now he can walk directly into the governor's office.

In response to Bubuck's questioning, President Bradley pushed his glasses with his hand and spoke. "The 800,000 lei loan you need this time is not too much. We have learned that there are still 430,000 lei of loans from your factory that have not been paid off, and now I have no way to explain to the head office for so many loans. ”

In the face of President Bradley's inquiry, Bubuck spoke a little eagerly. "This loan is indeed a little more, but you also know the current market of the grain processing industry, and now 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 explained the reason for his inquiry. "You don't know, the economy is so hot right now, there are too many people taking out loans. Our bank has already lent a lot of money, and now the head office has issued several requirements for all branches to pay attention to lending. This time, your loan amount is very large, and our branch also has loan indicators that cannot be crossed, so the necessary understanding and investigation are also required. ”

Hearing President Bradley's bitter explanation, Bubuck asked. "So how much can we borrow, if it is less, we might as well think of other ways."

Hearing Bubuck's faint threat, President Bradley ignored what he said directly. "Now, according to your plant's balance sheet and the operating situation, we can only give 600,000 lei, and the term is up to 5 years, and there can be no preferential interest rate."

Hearing the conditions of President Bradley, Bubuck immediately spoke. "Why, wasn't there a preferential treatment for the grain processing industry before?"

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

"This is your bank's secret. How do I know this? ”

"In recent years, we have borrowed a total of 67 million lei, of which 8.67 million are recouped dead debts. Now this situation has made the head office of Wariochi bigger, how can it be possible to give back the discount. ”

Faced with the bank loan situation mentioned by President Bradley, Bubuck knew that he could only borrow so much this time. Even in this case, he did not think of taking out loans from other banks. It's not that Bubak misses the old, but ICBC is the most relaxed hand on them among these banks. If other banks estimated that they would be able to borrow 500,000, he would have tried it a long time ago.

But he still spoke bitterly. "Alright then, we're trying to figure out something else ourselves. Now the price of production equipment has also increased dramatically, and the canned food and biscuit production line I plan to buy has increased by 15%, which is really not a good job. ”

After hearing Bubuck's vent and still choose to accept it, President Bradley said with a smile. "Then I'll let someone handle the formalities for you, I also know that your factory is doing well. But banks still need to control risks, so there is no way to do it. ”

After taking out the loan at the bank, Bubuck rushed to buy the equipment. Now that the business was booming, he was so proud that he was going to order the machinery first and then think about where to find a sum of money.

In fact, there are quite a few businessmen like Bubak in Romania. They are all trendsetters who have relied on the opportunity of Romania's development to stand out, some of them have succeeded, and some have failed. However, in the face of the huge demand from both the Alliance and the Entente, it depends on whether these people can seize the opportunity.

But now is not the time to care about that. Now that the Western Front has entered a stalemate in World War I, Germany needs to consider the food shortage this year after failing to quickly defeat the Anglo-French forces. And looking around, the only one that can provide them with a large amount of food is Romania. It's going to be another deal of the moment.