Cufma agreement with BROU facilitates the purchase of national industry machinery

Other advantages are that the selling companies will charge 100% of the value of the technological product in cash and that the benefit is available to all investors, including producers who have not yet financed through BROU.

Cufma brings together 19 companiesthree of them recently incorporated, strategically located throughout the territorymany of which supply the domestic market and also export, have even won awards abroad and locally for the quality of their products.

The commercial complementation agreement was signed this Monday the 8th in the Mark Dion space in the hall of the BROU headquarters, in the Old City, in Montevideo and investments taking advantage of the explained benefits can be made right now.

Signing of the Cufma agreement with the @BROU_uy by which facilities will be provided for producers to access nationally manufactured machinery. pic.twitter.com/UHbZegYJdY

– The Agro Observer (@ObservadorAgro) August 8, 2022

“A historical fact”

Gustavo Aberasteguipresident of Cufma, among other considerations, highlighted that “this agreement is a historic event for Cufma, a young business chamber, created a few years ago, but which has many decades of history behind in each of its companies”.

“This is a milestone. It is a fundamental tool so that Uruguayan companies that manufacture tools can continue to grow, generating employment, establishing roots in localities in the interior and providing technology so that producers can be more efficient in their activities”, he added.

Aberastegui said that “having the support of BROU, ‘the country bank’, is something that makes us proud and is a responsibility, we feel the same for the support of the Ministry of Industry, Energy and Mining (MIEM)”.

Finally, he highlighted the value of this agreement not only for companies, but also so that many producers, regardless of the sector they are in and the size of their production systems, can access machinery with financing with an important term and a preferential rate, based on the fact that having the right technology is key to raising yields and achieving profit margins that compensate for investments and efforts.

the signature

The agreement was signed by Alejandro Lafluf, vice president of BROU, and Mariela Espino, general manager of BROU, representing Cufma its president and also the secretary, Andrea Alfaro.

Purchases with the agreed benefits can be made at any of the 19 Cufma companies.

Attentive to financial inclusion

lafluf, at the press conference commented that “Banco República is the country bank and that implies a vocation for national development, which is sustained by the firm conviction that nothing grows if it does not develop and nothing develops if it does not grow; it is important to be attentive to growth and investment, but also we must be very attentive to equal opportunities, decentralization, equal access, financial inclusion, to try to build and that is a typical example of strategic alliances for national development”.

He added that “the best strategy, the best way, at least that is how this board understands it, to carry forward that essence, that conviction that we have, that vocation for development, is to be close, is to travel the interior of the country, also Montevideo, the entire national territory”.

“We have been in that commitment since we took office, to try to listen to the producers, to the institutions, to the municipalities, to the municipal authorities, to the workers, to the groups, because that listening offers improvement, that listening what it does is improve the reading of the reality that the bank has and it is important to have a good reading of reality, precisely to develop better instruments, better tools to be able to deepen programs and have an adequate response to the needs of the different strategic sectors of the country”, Indian.

Lafluf explained: “We live in a very changing world, with changing needs, sometimes not only do the needs of the sectors change and you have to be attentive to that, but sometimes entire sectors end up emerging, new sectors of the economy that also They need proper care.”

“I celebrate this agreement because it is an example, it is a sample, it is the pinnacle of that effort and that conviction, obviously it is a joint effort of State agencies, bank services, the board of directors, a number of people who they worked so that this finally became a reality”, concluded the vice president of BROU.

Camilo dos Santos

Gustavo Aberastegui, Susana Pecoy and Alejandro Lafluf.

The value of the national industry

Susan Pecoynational director of Industries at MIEM, remarked that “for our management, these types of agreements are very important, because we know the different sectors, because we know the effort and sacrifice, because we know how important they are for the localities of our country. ”.

“This industry, in particular, has an atomization in the territory that generates roots at the territorial level and generates development with high-quality jobs (…) it has a very interesting workforce and has the capacity, unlike some things that come from outside , to have a link with who needs that machineto know the production process for which a machine is designed, to be able to have an exchange in the future if an improvement is needed or if there is something that is not working well”, said the hierarch.

He added that “that is why we understand that the national industry in this type of segment is so important and it is so important to help it develop.”

Pecoy celebrated that the BROU has had “once again the sensitivity, but also has the commitment to continue betting on the national industry, that which we all are and that we all need to get ahead”, after which he highlighted the importance that has given this agreement from the direction he commands, he congratulated BROU for his commitment to the national industry, “and Cufma to tell him that this is a small step to continue growing.”

Camilo dos Santos

The signing of the agreement took place at the headquarters of BROU.