Time line   Exercise 2006 Loan grant to BARTHEL PAULS SÖHNE in order to support an investment programme aimed at the renewal and modernisation of a part of their industrial installations. Investment in capital for BIOCODE-HYCEL destined to finalise the setting up of a medical diagnostic system. Loan grant and investment in an increase in capital for C-POWER, active in building, exploiting and maintaining windmills. Subscription to the capital of ENERGIE FLEUVE, active in purchasing, implementing and exploiting hydroelectric plants. Loan grant to EUROPAL PACKAGING, which produces cardboard packaging notably in order to increase production capacity. Investment in an increase in capital for H-PHAR to continue the development of a drug that inhibits the replication of the AIDS virus. Investment in an increase in capital for IBt, active in research, development, production and marketing of implants destined to treat different types of cancer. Investment in an increase in capital and loan grant to MAGOTTEAUX GROUP, producer of wearing parts for the cement and mining industries. Participation in the capital of NANOCYL, a company specialised in the industrial production of carbon tubes. Investment in an increase in capital for REVATECH, dedicated to the study of industrial waste treatment systems and study of manufacturing processes based on sub-products and industrial waste. Loan granted to SADETAM whose social goal is to promote the mechanical manufacturing industry of table glass and glass products. Grant of an additional loan to TECSEN, specialised in the technology of metallising of plastic. Loan grant to VITAFISH within the scope of the financing of an investment programme aimed at setting up an aquaculture installation. Loan grant to UNIBIOSCREEN, active in the field of screening original molecules for treating cancer. Exercise 2005 Participation in the capital and loan grant to the ACAPELA GROUP whose activity consists in the development and marketing of voice recognition software. Investment in an increase in capital of ASEPTIC TECHNOLOGIES, active in the research, development and production of tools destined to filling operations in an aseptic environment. Participation in the capital of BIOCODE HYCEL, active in the sector of medical diagnostics. Investment in an increase in capital for ECOLAM, active in the study, design and production of glued and laminated wood structures to ensure the company has the necessary means to pursue its development. Loan grant to GAUDER, specialised in the reconditioning of cable production machines. Loan grant to HENOGEN, active in the biotechnology sector. Investment in the capital of H-PHAR to allow the company to finish phase one of its development of a drug destined to inhibit the replication of the AIDS virus. Loan grant to INCOM, active in the financing companies of the communication sector. Investment in an increase in capital for KITOZYME, exploiting an enzymatic technology of chitosan production. Participation in the capital and loan grant for MULTISCOPE PALACE, which manages cinema theatres. Loan grant to the company ROSSEL PRINTING COMPANY to finance a new printing plant. Support of the activity of the S.I.A.W. by a loan grant in order to allow it to continue to support financing Walloon SMEs in the agro-food sector. Loan grant to the company TECSEN, active in the treatment of surfaces by a process of metallisation of plastics. Participation in the capital and loan grant to VITAFISH to finance an aquaculture installation. Loan grant with warrants to VRCONTEXT, specialised in virtual reality software for the industrial sector. Investment in an increase in capital for UNIFIEDPOST, specialised in e-mail. Loan grant to EPE ENGINEERING, active in the study and installation of products linked to environmental technologies in the sector of the treatment and recycling of household and industrial waste as well as of energy savings to allow it to continue its growth. Investment in an increase in capital for CARDIO 3, active in the sector of cellular therapy, namely cardiac muscle regeneration. Investment in an increase in capital for IBt whose sector of activity handles implants destined to treat different types of cancer. Investment in an increase in capital for TIGENIX whose activity consists in the functional repair of tissue based on stem cells. Investment in an increase in capital for ABL, specialised in diagnostic interpretation and therapeutic choice using medical databases in the AIDS field. Exercise 2004 Investment in an increase in capital for the ACAPELA GROUP in order to finance activity growth. Subscription to capital of ALTERFACE, which develops software for amusement parks. Loan granted to BELPAN, an industrial bakery. Subscription in capital for CISSOÏD, active in the design of integrated circuits in SOI technology. The S.R.I.W. Group continues to support the development projects of an offshore wind farm in the North Sea by C-POWER. Loan granted to CITYNEO, active in the design of geolocalised news services. Loan granted to DE SMET ENGINEERS & CONTRACTORS, lead contractor and consultancy firm notably in the sectors of oil and sugar. Loan granted to ECOLAM, working in the field of glued and laminated wood structures. Subscription to capital of ENSIVAL MORET INTERNATIONAL, producer of industrial pumps. Loan grant to FAYMONVILLE HOLDING, active in the production of special semi-trailers. Loan grant to GRANDES DISTILLERIES DE CHARLEROI. Subscription in capital for TOUSSAINT NYSSENNE, producer of air treatment plants. Subscription in capital for H-PHAR, developing a new drug against AIDS. Investment in an increase in capital of NANOCYL to finance the pre-industrialisation phase of the production of carbon nanotubes. Investment in an increase in capital for ONCOMETHYLOME SCIENCES in order to finance the development of new biotechnology products. Investment in the capital and loan for WARCOING in the scope of an extension programme of the production capacities of fructose and inulin. Loan grant to the S.I.A.W. to allow it to continue to participate in the financing of Walloon SMEs from the agro-food sector. Investment in the capital of IBt, research and production company of implants destined to treat different types of cancer. Investment in an increase in capital for TER BEKE, producer of precooked dishes and delicatessen meats. Investment in an increase in capital for SN AIRHOLDING to consolidate the activity of airlines companies Brussels Airlines and Virgin Express. Exercise 2003 Creation and subscription in capital, alongside the intercommunals authorities of Walloon cable television, of ACM. Loan grants for BIOCODE. Subscription to the capital of INCUBATEUR NUMERIQUE, created by the Walloon government, alongside the private sector. Subscription to capital and loan of H-PHAR. Investment and loan to NANOCYL, specialised in the production industrial of carbon tubes, with sizes measured in nanometres. Subscription to the capital of MULTISCOPE PALACE, which manages cinema theatres. Investment in the capital of ROTARY NOZZLE INTERNATIONAL alongside refractory production companies or Japanese steel companies JFE and NIPPON KOKAN. Investment in the capital of SOFINEX, alongside SOWALFIN and AWEX, in order to support the financing of activities of Walloon SMEs for export. Support of the activity of the S.I.A.W. by the grant of an additional loan in order to allow it to continue its support in financing Walloon SMEs in the agro-food sector. Subscription to capital and loan for the VANDEPUTTE holding. Subscription to capital and loan for WARCOING INDUSTRIE. Loan grant to ZENTECH. Exercise 2002 Investment and loan to BELPAN, specialised in the production of bread. Investment in GAUDER, specialised in the reconditioning of cable production machines. Investment and loan to HENOGEN, active in the biotechnology sector. Investment in the company IBt, specialised in the production of implants dedicated to the therapy of cancerous illnesses. Decision to subscribe to an increase in capital and subscribe to a loan for the KITOZYME company, researching the production of artificial cornea substances. Subscription to a loan emitted by the company M.I.P. Financial consolidation of MAGOTTEAUX INTERNATIONAL, reputed global specialist in the production of grinding balls, both by a subscription to capital and a loan Investment and loan granted to the PANIFOOD s.p.r.l. Loan granted to PASTRIDOR. Exercise 2000-2001 Creation of the SIAW by the S.R.I.W. (90%) and the Fédération Wallonne de l'Agriculture (Walloon Federation for Agriculture) (10%) Shareholding in the capital of COSSORIX, a company specialized in the perfecting of vaccines in partnership with Smith Kline Beecham Biologicals. Loan to SENSY, a company specialized in sensors and metallisation of plastics. Contribution to the creation of Gembloux Valorisation, with the Gembloux Agricultural University : valorisation of academic know-how, technologies or equipement in the sector of agronomic sciences. Shareholding in the capital of BIOTECHTOOLS together with the SRIB and Start-It, a company specialized in the perfecting of oral vaccines and the diagnosis of self-immune illnesses and allergies. Contribution to the acquisition of the CLYPOT quarries in Soignies by the ABRAHAM group (GAUTHIER & WINCQZ quarries) through an increase of capital of the LA PIERRE BLEUE BELGE l.c. Loan and shareholding in the capital of UBP-ASTA, specialized in car engine regenerators. Contribution to the development programme, and in particular abroad, of the FAYMONVILLE HOLDING, specialized in the sector of trailers and semi-trailers. Contribution to an increase in capital of 4C BIOTECH, which develops new techniques for the culture of animal cells. Contribution to an increase in capital of BIOCODE, which manufactures and commercialises medical diagnosis reactive agents. Contribution to the financing of a new project of the ECOLAM company in Achêne (CINEY) aiming to produce "lamellated wood". Contribution to an increase in capital of EUROGENTEC, a company specialized in R&D, production and commercialisation of products and services in the sector of biotechnologies. Acquisition of interest in Ecotech Finance, together with SOCOFE, in the wind mill projects in the North Sea and in Europe. Acquisition of interest in the QUALITY ASSISTANCE company, a service provider (R&D) under contract in the pharmaceutical sector. Acquisition of interest in ZENTECH, specialized in diagnosis kits, in the dosage of self-immune illnesses and in therapeutical products. Exercise 1999-2000 Partnership with the DREDGING ENVIRONMENTAL AND MARINE ENGINEERING (DEME) group within ECOTERRES, active in the treatment of polluted ground and sludge. Walloon government decree eliminating delegated missions from the social object of the S.R.I.W. to refocus on its holding activity. PARC PARADISIO is introduced in the Stock Exchange. Integration of TECHWASTE, environmental pole of the GROUPE COCKERILL SAMBRE, within the S.R.I.W. group. Constitution, alongside institutional (BBL, FORTIS, SOCIETE GENERALE DE BELGIQUE) and industrial investors (TRACTEBEL, SOFINA, SOLVAY, CARMEUSE, GLAVERBEL, IBA, SKB), of START - IT, a venture capital fund dedicated to start-up companies in the high technology field. Partnership with the WATCO group, industrial operator active in waste, within SOTRADIA S.A., intended for the management of technical landfills and incinerators on the Walloon Region territory. Financing, alongside the CREDIT COMMUNAL DE BELGIQUE, the ARCO group, the SOCOFE, and the SOWE, of the SOCIETE PUBLIQUE DE GESTION DE L'EAU (water management state-owned company) intended for the restructuring and management of water in its complete cycle in Wallonia. Intervention, alongside the CAISSE DES DEPOTS ET CONSIGNATIONS DE PARIS and the CAISSE DES DEPOTS ET CONSIGNATIONS DU QUEBEC, in MEDIA TEL PARTNERS, venture capital funds in the telecommunications sector. Beginning of financing of a development program for BIOCODE, a company active in the biotechnology sector. DEFICOM GROUP is introduced in the Stock Exchange. Constitution of SOWASPACE, subsidiary specialised in the field of aeronautics and space. Participation, alongside EVS, IBA, IRIS, GIB, SYSTEMAT, in the venture capital funds, intended for growth companies, E-CAPITAL. Exercise 1998-1999 Financing, alongside the Italian chemical group SISAS, of the establishment of EURODIOL S.A. on the site of Feluy. Financing, alongside the PURATOS group, of a Walloon unit for the production of instantaneous dry yeast under the name GELKA INTERNATIONAL S.A. Contribution to the constitution of the Walloon Intranet WIN, alongside the Walloon Region and BELGACOM. Introduction of MOBISTAR on the Stock Exchange. Financing of the research and development investments of the company DMO CONSULTING active in the sector of optical integrated technologies. Constitution of the TELECOMMUNICATIONS development center of the S.R.I.W. group, that is to say, WALLONIE TELECOMMUNICATIONS. Constitution of the ENVIRONMENT development center of the S.R.I.W. group, that is to say, ECOTECH FINANCE. Beginning of a partnership with the international group SEGHERS BETTER TECHNOLOGY, active in waste treatment engineering. Constitution of the NEW TECHNOLOGIES development center of the S.R.I.W. group, that is to say, TECHNOWAL. Financing, alongside SYNERFI and BANQUE DEGROOF, of investments aiming at the development of innovating technologies in the culture of animal cells for the company COMPUTER CELL CULTURE CENTER. Constitution of the MEDIUM-PRICED ACCOMODATION development center of the S.R.I.W. group, that is to say, IMMOCITA. Financing, alongside the PUILAETCO Group, of the development of EUROGENTEC, active in the biotechnology sector. Exercise 1997-1998 Financing of the creation of UNITED FOODS S.A., company active in the agro-food sector owning labels such as CHATKA and CAPTAIN BYRD. Shareholding, alongside the SMAP, CREDIT COMMUNAL DE BELGIQUE and cable operators of the French community, in the establishment of APPLICATION CABLE MULTIMEDIA, company responsible for managing television distribution networks. Constitution by the S.R.I.W. of COSSOM BV, Dutch subsidiary of the S.R.I.W. group intended to take shareholdings in the capital of foreign and Belgian companies. Financing of SKYBRIDGE LP (USA) alongside the « space » division of ALCATEL and the American company LORAL. The SKYBRIDGE program will have considerable and beneficial repercussions on the Walloon company ALCATEL ETCA. Beginning of financing, alongside the MEDIABEL group, of the printing activities of the newspaper VERS L'AVENIR as well as other publications. Financing of PASTRILUX, Walloon investment with the EUROBAKERS group, owner of the subsidiary LE PAIN QUOTIDIEN. Exercise 1996-1997 Financing of the expansion in Wallonia of SIOEN, textile group specialised in the coating of synthetic fabric. In October 1996, the SIOEN group was introduced in the Brussels Stock Exchange. Shareholding of the S.R.I.W. group, alongside FRANCE TELECOMS and TELINFO, in the capital of MOBISTAR in the scope of a Belgian financial consortium including the COBEPA group, GEVAERT, ABB, KBC bank and GIMV. Beginning of the financing of an investment, productivity and expansion program for the NMC group, producer of articles in synthetic mousse used in insulation, decoration and packaging. Financing of the development of GAUDER S.A., specialised in machines intended for cable and wire industries. Reinforcement of the financial contribution to TELINFO. Exercise 1995-1996 Financing of the reinforcement of the Wallonia establishments of SUNPARKS GROEP, subsidiary of SUN INTERNATIONAL, active in entertainment parks in Belgium. Constitution by the S.R.I.W. of SOCIETE WALLONNE d'ECONOMIE SOCIALE MARCHANDE (WALLOON COMPANY OF SOCIAL MARKET ECONOMY), in view of financing projects in this sector. Financing of the Walloon establishment of the SPANO group (VANDEN AVENNE family) via SPANOLUX S.A., a new production unit of MDF panels. Financial contribution, alongside the CREDIT COMMUNAL DE BELGIQUE, to SOCOFE, financial local entity of the energy sector. Exercise 1994-1995 Financial contribution to the growth of the CP BOURG group, active in the production of finishing equipment for graphic arts professions. Contribution to the creation of SOFICO, in order to finance alongside the EUROPEAN BANK OF INVESTMENTS and the CREDIT COMMUNAL DE BELGIQUE, various large projects in communication infrastructures. Exercise 1993-1994 Financing of the launching of the research and development program of ION BEAM APPLICATIONS, producer of mini-cyclotrons for medical and industrial use. Participation in the launching of PARC PARADISIO, tourist theme park on the ornithology, botany and archaeology. Beginning of a partnership with the ACM WOOD CHEMICALS group by the establishment of WOODCHEM EUROPE in Wallonia, a new production unit of glue for the fabrication of MDF panels. Exercise 1991-1993 Change in the date of the end of the financial year at S.R.I.W.. The date changed from September 30th to March 31st. Shareholding, alongside DEFICOM S.A., in the creation of BENELUX PAY TV which will become the holding of CANAL + BELGIQUE. Increase in the means of SMIR SpA, subsidiary of the Italian group MERLONI, one of the main European producers of household appliances, mainly under the name of ARISTON. This contribution allowed the financing of an investment program of MTS BENELUX in Wallonia. Financing, alongside a group of Belgian institutional investors, of the development program of the WALIBI S.A. amusement parks. Shareholding, alongside the Flemish agro-food company TER BEKE, in the financial and industrial restructuring of HOLLANDIA S.A., Walloon producer of pork cold cuts. Exercise 1990-1991 Financing, alongside GLAVERBEL S.A., of the manufacturing unit of laminated and tempered glass under the name AS TECHNOLOGY S.A. Shareholding, alongside the French group THOMSON, in the capital of THOMSON CSF ELECTRONICS BELGIUM, manufacturer of defence electronic components. Last increase in the capital of the S.R.I.W. by the Walloon Region to reach 12.940 million BEF. Exercise 1989-1990 Walloon Region decree modifying the S.R.I.W. organic law. Increase in the capital of the S.R.I.W. by the Walloon Region to reach 12.533 million BEF. Participation of the CREDIT COMMUNAL DE BELGIQUE in the shareholding of S.R.I.W.. The CCB contributed to an increase in capital of 200 million BEF and owns 1,4 % of the S.R.I.W. capital. Financing DUROBOR S.A., the only Belgian mechanical producer of table glasswork, via SADETAM, tool 100% owned by the S.R.I.W. group intended for the promotion of the hollow glass industry. Partnership with the French jam manufacturer ANDROS in view of favouring the development of MATERNE - CONFILUX. Exercise 1988-1989 Beginning of the financing alongside TORRAS HOSTENCH, subsidiary of the KIO group, of an investment program of several billions aiming at installing a paper machine for CELLULOSE DES ARDENNES. Increase in the capital of the S.R.I.W. by the Walloon Region to reach 11.900 million BEF. Contribution from the Walloon Region of 100 % of the capital of CD TECHNICOM, holding whose objective is to accompany the growth of SMEs in the telecommunication and informatics sector. Financing, alongside AEG, subsidiary of the German DAIMLER BENZ group, of the development of ELECTRICITE INDUSTRIELLE DE BELGIQUE, manufacturer of electrical power outage devices. Financing, alongside the GABRIEL brothers, of various investments of the group active in fish farming and conditioning of fish products. Creation, alongside the ALCATEL group, of the ALCATEL BELL SDT company in view of re-launching the activities of the « Space - Defence - Telecommunications » division of the ACEC group. Financing, alongside FLORIDIENNE S.A., of the modernisation program of the SALUC factory, leader in the production of billiard balls. Shareholding in the capital of the BARTHEL PAULS sawmill. Exercise 1987-1988 Increase in the capital of the S.R.I.W. by the Walloon Region to reach 9.803 million BEF. Shareholding in the capital of DEFICOM, holding active in the communications and media sector that created the pay-TV channel CANAL + BELGIQUE Exercise 1986-1987 Increase of the S.R.I.W. capital by the Walloon Region to reach 6.353 million BEF. GLAVERBEL is quoted on the Stock Exchange. Direct and indirect financial assistance to CET (CONSTRUCTIONS ELECTRIQUES ET ELECTRONIQUES), subsidiary of the Yvan PAQUE group active in the public lighting and road signals sector. Financial contribution to the investments of the Dutch group PHILIPS in Wallonia. Financing of the development of the activities of CORMAN S.A., company producing products such as BALADE, CUISINEL. Increase in the capital of the S.R.I.W. by the Walloon Region to reach 8.803 million BEF. Shareholding in the capital of AUTOMATIC SYSTEMS S.A., company active in the field of automatic access controlling machines. Exercise 1985-1986 Increase of the S.R.I.W. capital by the Walloon Region to reach 3.930 million BEF. Financial contribution from the Walloon Region to the S.R.I.W. for 100% of the SOFIPAC holding, active in the paper and carton industry which has a major participation in CARTOMILLS, SCALDIA and INTERMILLS. Constitution of SODEDI, holding specialised in the publishing and audio-visual sectors, 100% owned by the S.R.I.W. group. Constitution by the S.R.I.W. of the CENTRE DE COORDINATION S.R.I.W.. Beginning of the financing, alongside the ROSSEL group, of printing activities of newspapers such as LA MEUSE and LA NOUVELLE GAZETTE as well as other various publications. Exercise 1984-1985 Financial support to CASTERMAN S.A. and more precisely to its publishing department in the scope of its multimedia development. A capital increase of the S.R.I.W. by the Walloon Region to reach 3.000 million BEF. Constitution by the S.R.I.W. of SOWAGEP, company responsible for the management of shareholdings and accounts of the Walloon Region. Constitution by the S.R.I.W. of FINANCIERE WALLONNE DES PMI, financial tool 100% owned by the S.R.I.W. group and destined to the financing, alongside banks, of SMEs in Wallonia. Financing, alongside the GBL group and the GILLARD family, of the expansion of the GROUPE GILLAM, active in the electronic and telecommunications equipment field. Financing, alongside the German pneumatics group CONTINENTAL, of the development of PNEU UNIROYAL ENGLEBERT S.A. Constitution, alongside the UNION MINIERE, of FINANCABLE S.A., in view of bringing financial assistance to the re-launch of the activities of the SOCIETE NOUVELLE DES CABLERIES DE CHARLEROI, subsidiary of CABLES DE LYON S.A. Exercise 1983-1984 Financing, alongside UNION MINIERE and the UNION FINANCIERE INDUSTRIELLE, of FINANCUIVRE, a financial company specialised in the field of copper transformation. The main shareholders in FINANCUIVRE are USINE CUIVRE ET ZINC and METALLURGIE HOBOKEN - OVERPELT. Capital increase of the S.R.I.W. by the Walloon Region to reach 2.400 million BEF. Participation, with notably the Japanese group ASAHI, world leader in the field of flat glass, in the financial restructuring of GLAVERBEL S.A. Constitution of SOFIBAIL by the S.R.I.W. alongside the CREDIT COMMUNAL DE BELGIQUE and most of the INTERCOMMUNALES DE DEVELOPPEMENT ECONOMIQUE DE WALLONIE (local associations for the economic development of the Walloon Region). SOFIBAIL is active in the financing of real estate and capital goods projects mostly intended for public services. Exercise 1982-1983 Financing, alongside UCB S.A., of a new research and development unit for the peptides, amino acids and biotechnological field via UCB BIOPRODUCTS. Financing, alongside INTERCOM S.A., managing unit of the nuclear plant in Tihange, and the GABRIEL brothers, of PISCIMEUSE S.A., the only fish farm in the world working via the recuperation of calories from a nuclear plant. Exercise 1981-1982 The S.R.I.W. group includes 22 SDRW shareholdings. Financing, alongside FLORIDIENNE S.A., of a project in the powder and welding metallurgy industry by way of a new company called S.A. COLDSTREAM. FLORIDIENNE sold its shareholdings to HÖGANAS, company listed on the Stockholm stock exchange and world leader in its field. Financing, alongside the Office Chérifien des Phosphates, 1st world operator of natural phosphates, the UNION MINIERE group and COPPEE S.A., of the re-launch of PRAYON-RUPEL, company active in the mineral and fertiliser chemistry sector. Financing, alongside FLORIDIENNE S.A., of an investment and diversification plan by way of the creation of a new company called FLORIDIENNE CHIMIE S.A. specialised in the reprocessing of non-ferrous metals. Beginning of the financing of the expansion and internationalisation of the MAGOTTEAUX group, world leader in the metallic equipment and components for the cement industry. Financing of the restructuring of the jam manufacturer MATERNE - CONFILUX. Exercise 1980-1981 Beginning of the financing of the extension of activities in Wallonia of the Japanese group NGK INSULATORS, world leader in the electrical insulator industry. The S.R.I.W. group becomes a shareholder of BASSE SAMBRE ERI, contractor and engineering advisor to international activities in industries such as that of glass, cement, and agro-food. Financing of the development of BELOVO active in the marketing of eggs and egg-based products. Constitution of INNOTECH S.A., by the S.R.I.W., a financial tool 100% held by the group. Exercise 1979-1980 Constitution of the S.R.I.W. by the Walloon Region with a capital of 1.212 million BEF. A capital increase brought by the Walloon Region to reach 2.000 million BEF. The S.R.I.W. group becomes part of the SONACA capital.