Marc Fesneau (left), Minister of Agriculture and Food Sovereignty, and Roland Lescure, Minister Delegate for Industry, during a strategic committee for the agri-food sector, Friday, at the International Agricultural Show in Paris. Xavier Remongin/agriculture.gouv.fr
It creates a public-private fund endowed with 500 million euros in order to support the industrial sector in difficulty.
Last Saturday, the President of the Republic encouraged distributors to take on their margins to absorb inflation. A way of putting pressure on the brands, then about to complete, overnight from Wednesday to Thursday, their annual tariff negotiations with the food industry. Now that most of the contracts have been signed, the government is flying to the aid of industrialists, weakened by the soaring cost of agricultural raw materials and energy
Fearful”a dark year for the food industryand business bankruptcies, Roland Lescure, Minister Delegate for Industry, presented a support plan for the sector on Friday, with a public-private fund of 500 million euros. “This is a challenge for the country’s food sovereignty; it is a challenge for employment in our territory“, he explains to Agra Presse. The temporary shutdown of production at Cofigeo (William Saurin) due to rising energy costs…
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