Werbung
/H GLVSRVLWLI GH MRQFWLRQ HVW DXVVL WHVWp HW FHUWLILp SRXU XQH XWLOLVDWLRQ KRUL]RQWDOH ¬ FHV ILQV XQH FKXWH D pWp
VLPXOpH G¶XQ ERUG GH ƒ DFLHU SODW DYHF XQ UD\RQ GH PP 3RXU XQH XWLOLVDWLRQ KRUL]RQWDOH LO IDXW YHLOOHU j
FH TXH OH ERUG GH FKXWH DLW XQ UD\RQ PLQLPXP GH PP HW XQ DQJOH G¶DX PRLQV ƒ 6L OµDQDO\VH GHV ULVTXHV
UpDOLVpH DYDQW OH GpEXW GX WUDYDLO PRQWUH TX¶LO V¶DJLW G¶XQ ERUG SDUWLFXOLqUHPHQW © FRXSDQW ª HW RX © QRQ
H[HPSW GH EDYXUHV ª SDU H[ WRLW QRQ UHYrWX RX ERUG HQ EpWRQ YLI XQH FKXWH DXGHVVXV GX ERUG HVW SRVVLEOH HW
GRLW GRQF rWUH pYLWpH DYDQW WRXW GpEXW GH WUDYDLO SDU GHV PHVXUHV DSSURSULpHV RX SDU OH PRQWDJH G¶XQH
SURWHFWLRQ DQJXODLUH DSSURSULpH RX OH IDEULFDQW GRLW rWUH FRQWDFWp /H SRLQW GH IL[DWLRQ SRXU OH GLVSRVLWLI GH
MRQFWLRQ QH GRLW SDV VH WURXYHU ORUV G¶XQH XWLOLVDWLRQ KRUL]RQWDOH VRXV OD VXUIDFH GH SRVH GH O¶XWLOLVDWHXU /H
PRXYHPHQW ODWpUDO VXU OH ERUG GH FKXWH GHYUDLW rWUH j SDUWLU GH O¶D[H FHQWUDO GX SRLQW G¶DQFUDJH GH PD[ P
YHUV OD GURLWH HW YHUV OD JDXFKH 8Q PRX GH FkEOH GRLW QRWDPPHQW rWUH pYLWp SRXU HPSrFKHU XQH FKXWH
SHQGXODLUH 7RXMRXUV PDLQWHQLU OH GLVSRVLWLI GH MRQFWLRQ DXVVL FRXUW TXH SRVVLEOH SRXU H[FOXUH j SULRUL WRXWH
FKXWH GX ERUG 6L XQH SOXV JUDQGH ]RQH GRLW rWUH OLEUH G¶DFFqV VXU OH ERUG GH FKXWH RQ QH GHYUDLW SDV XWLOLVHU XQ
SRLQW G¶DQFUDJH LQGLYLGXHO PDLV SOXW{W XQ PR\HQ GH EXWpH GH W\SH & RX ' VHORQ OD QRUPH (1 /RUV GH
O¶XWLOLVDWLRQ G¶XQ PR\HQ GH EXWpH GH W\SH & RX ' OD GpYLDWLRQ GX PR\HQ GH EXWpH LQGLTXpH GDQV OH PRGH
G¶HPSORL GX V\VWqPH GRLW rWUH SULVH HQ FRPSWH GDQV OD GpWHUPLQDWLRQ GH O¶HVSDFH OLEUH QpFHVVDLUH VRXV
O¶XWLOLVDWHXU /D FKXWH DXGHVVXV G¶XQ ERUG UHSUpVHQWH WRXMRXUV XQ ULVTXH SOXV LPSRUWDQW SRXU O¶XWLOLVDWHXU
FRPPH SDU H[ OH FKRF FRQWUH OH EkWLPHQW RX O¶LQVWDOODWLRQ HW GHYUDLW HQ FRQVpTXHQFH WRXMRXUV rWUH HPSrFKpH
SDU GHV PHVXUHV DSSURSULpHV /HV PHVXUHV VSpFLILTXHV GH VDXYHWDJH ORUV G¶XQH FKXWH DXGHVVXV G¶XQ ERUG
GRLYHQW IDLUH O¶REMHW G¶XQH IRUPDWLRQ HW G¶XQ HQWUDvQHPHQW
6L OD ORQJH HVW UHYHQGXH GDQV XQ DXWUH SD\V OH UHYHQGHXU GRLW IRXUQLU GHV LQVWUXFWLRQV G
XWLOLVDWLRQ HW
G
HQWUHWLHQ GH YpULILFDWLRQ UpJXOLqUH HW GH UpSDUDWLRQ GDQV OD ODQJXH GH O
DXWUH SD\V
6LJQLILFDWLRQ GHV PDUTXDJHV
/RQJHV DYHF DEVRUEHXU G
pQHUJLH
7\SH 6.0)' 0$;
7\SH )' )/(;
0LWWHOPDQQ 6LFKHUKHLWVWHFKQLN
%HVVHPHUVWUD‰H 9HOEHUW
ZZZPLWWHOPDQQFRP
PD[ ORQJXHXU P
&KDUJH QRPLQDOH NJ
$QQpH GH FRQVWUXFWLRQ [[[[[[
(1 (1
1ƒ IDE [[[[[[[[[[
0DLQWHQDQFH HW FRQVHUYDWLRQ
$SUqV OD ILQ GX WUDYDLO QHWWR\HU OD ORQJH HW OD FRQVHUYHU GDQV GHV ORFDX[ VHFV DpUpV HW RPEUDJpV
x
3HQGDQW VRQ WUDQVSRUW OD ORQJH GRLW rWUH FRQVHUYpH GDQV XQ FRQWHQDQW GH WUDQVSRUW DSSURSULp
x
KRXVVH RX PDOOHWWH
eYLWHU WRXW FRQWDFW DYHF OHV DFLGHV OHV OLTXLGHV RX KXLOHV FRUURVLIV 6L FHOD HVW LQpYLWDEOH QHWWR\HU OH SOXV
x
UDSLGHPHQW SRVVLEOH j OD OHVVLYH SRXU OLQJH GpOLFDW HW j JUDQGH HDX ƒ& 6pFKDJH WRXMRXUV QDWXUHO MDPDLV
j SUR[LPLWp GX IHX RX DXWUHV VRXUFHV GH FKDOHXU
9HXLOOH] YRXV DGUHVVHU DX FRQVWUXFWHXU HQ FDV GH TXHVWLRQV VXU OD GpVLQIHFWLRQ GH OD ORQJH
x
$ W W H Q W L R Q 5HVSHFWHU VFUXSXOHXVHPHQW OHV FRQVLJQHV GH QHWWR\DJH
/
XWLOLVDWHXU GRLW OLUH HW REVHUYHU OHV LQVWUXFWLRQV G
XWLOLVDWLRQ
'pVLJQDWLRQ GX W\SH GH ORQJH
'pVLJQDWLRQ GX W\SH GH ORQJH
&RQVWUXFWHXU 0LWWHOPDQQ 6LFKHUKHLWVWHFKQLN *PE+
$GUHVVH SRVWDOH
$GUHVVH LQWHUQHW
/RQJXHXU PD[LPDOH DXWRULVpH GH OD ORQJH
3RLG PLQLPXP HW PD[LPXP GH O¶XWLOLVDWHXU
0RLV DQQpH GH IDEULFDWLRQ OD ORQJH
1XPpUR HW DQQpH GX GRFXPHQW FRUUHVSRQGDQW j O
pTXLSHPHQW
,GHQWLILFDWLRQ GH O
RUJDQLVPH QRWLILp
1XPpUR GH VpULH GH ORQJH GH KDUQDLV
/H ERUG GX GLVSRVLWLI GH MRQFWLRQ D pWp FRQWU{Op
&R .*
Werbung
