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The "Regional Business Development" Subcommittee from the German Bundestag Economy and Technology Committee Visits FRITSCH

FRITSCH Milling and Sizing gets a visit from the "Regional Business Development" Subcommittee from the German Bundestag Economy and Technology Committee in Idar-Oberstein on October 29th, to discuss their experiences with Regional Business Development support in previous years.

The German Federal Committee for Economy and Technology regularly deliberates on the annual frame work for the federal government, with the common goal of "improvement of regional and economic structures", and analyses the results of the support.

Delegates from the Bundestag Committee at FRITSCH Milling and Sizing in Idar-Oberstein, Rheinland-Pfalz.

The primary goal of German regional politics in line with the common task is that economically underdeveloped regions, through compensation of their locational disadvantage, can keep up with the general economic development and regional differences in development will be reduced. In order to gain insight locally, the delegates foster the direct dialog with the companies in areas with a locational disadvantage.

On October 29th, 2012, a delegation of the subcommittee for regional economic politics lead by the Chairman Stephan Mayer (Member of the German Bundestag, CDU/CSU) visited FRITSCH Milling and Sizing in Idar-Oberstein.

Additional members and visitors were: Doris Barnett and Andrea Wicklein (both Members of the German Bundestag, SPD), Manfred Todtenhausen (Member of the German Bundestag, FDP), Dr. Tobias Lindner (Member of the German Bundestag BÜNDNIS 90/DIE GRÜNEN), Wolfgang L. Müller (Consultant SPD parliamentary group), Florian Hartmann (research assistant) and Stefan Hötte (Government Director in the committee office). As well as Idar-Oberstein, the delegates also visited Kaiserslautern and Birkenfeld whilst in Rhineland-Pfalz.

The goal of the visit was to gain a personal insight into the status quo of the structural policy through discussions with representatives of the local economy, the Chamber of Commerce and Trade, Chamber of Crafts, state and local politicians. As part of the tour, the delegates visited several firms which profited from the funds from the scheme in previous years.

A guided tour through the production facilities launched the visit at FRITSCH Milling and Sizing. FRITSCH personnel then participated in a discussion with the delegates, including Managing Director Robert Fritsch, Technical Director Wolfgang Mutter, Department Manger Accounting Annette Fried and Members of the Board Volksbank-Hunsrück Nahe, Erik Gregori and Anja Becker.

The topic of the discussion was the experiences FRITSCH made with sources of support in regard to regional business development from the federal and state government. In the opinion of FRITSCH has the bureaucratic effort increased, but Robert Fritsch explained that: "the support so far has been welcomed since it made the decision to invest much easier."

Therefore, the delegates explanations that according to EU criteria as of January 2014 the old Federal States will not be considered for the allocation of subsidies were met with astonishment.

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