New Contract Farming Agreement on Canned Peaches between Piraeus Bank and "ALTERRA S.A."


Piraeus Bank, in collaboration with "ALTERRA S.A.", has initiated a new Contract Farming programme intended for clingstone peach producers in the Prefecture of Imathia.

The funding proposal for peach contract farming is essentially intended to help rationalise production organisation and financially support the entire production process, from the producer to product processing and selling by the said company.

The facilities of "ALTERRA S.A." are located in Giannitsa, Prefecture of Pella, and is active in the area of frozen fruit and vegetables. Its products are targeted to food processing industries and distribution networks.

The company's competitiveness in the Greek and international markets is owed to the high quality of its products and services, and highly qualified and experienced staff.

Additionally, "ALTERRA S.A." relies on:

  • Ongoing evaluation of its suppliers and partners
  • Well-designed quality control
  • Planned employee training
  • Constant investments, and
  • Keeping abreast with technological developments

Through the specific Piraeus Bank Contract Farming programme, the producer is provided with the required liquidity at highly competitive terms, exactly when he needs such liquidity, while payment of the production agreed to be delivered to the company is guaranteed.  

The Program covers the entire agricultural production, supply and manufacturing chain by supporting, in an organised manner, the mutually beneficial collaboration between producers and companies.

This new collaboration attests to the firm will of Piraeus Bank to support and encourage any sound productive effort in this economy sector.