The State has granted an endowment of 10 million euros to the Monnaie de Paris, the establishment manufacturing French coins, which should enable it to finance the diversification of its activities, according to a decree published on Saturday April 23 in the Official Journal.
The Monnaie de Paris has suffered for several years from a drop in orders from the State: in 10 years, they have been halved, cash being used less and less in favor of other means of payment, such as contactless or smartphone applications.
The establishment has therefore embarked on a diversification strategy, thanks in particular to the publication of thematic pieces around real or fictional characters such as Napoleon or Harry Potter, which enabled it to become profitable again last year.
Present in Paris and in the suburbs of Bordeaux (Gironde), he also wishes to exploit land belonging to him by carrying out real estate projects.
In a recent interview with the regional daily Sud Ouest, its CEO Marc Schwartz, thus indicated that he wanted to "ensure additional income by creating premises" on one of its sites in Pessac, near Bordeaux, to rent them to companies.
Selection of products
To read also
-
Support fund for arts and crafts: one million euros out of 340 promised over three years
-
645 state real estate properties sold in 2023 for 280 million euros, according to Cazenave
-
Energy sobriety: the State bill has fallen by 150 million euros in 2023, according to Attal
-
Attal brings his government together on work, unemployment insurance in the sights
-
MaPrimeRénov': the government hears the Building sector and postpones the refocusing on major renovations until 2025
-
The Mayor and Cazenave justify the 10 billion euro savings plan in 2024
-
Unemployment insurance: The Mayor pleads for a “definitive” takeover of the State
-
Christophe Béchu unveils the government's new objective for global renovation in 2024
Popular News
-
Old property prices are still falling but a recovery is taking shape
-
A report on anticipating the effects of +4°C warming reaffirms the need for housing adaptation
-
AI is already revolutionizing businesses in architecture, engineering, construction... according to Autodesk's "State of Design & Make" study
-
The slowdown in the decline in mortgage rates continues
