New sheep and goat milk Contract Livestock Farming Agreement between Piraeus Bank and the cheese production company “Roussas S.A.”

Piraeus Bank, in collaboration with “Roussas S.A.”, has in initiated a Contract Livestock Farming Program, intended for dairy farmers in the Prefectures of Magnisia, Larisa, Karditsa, Fthiotida and Boeotia.

The funding proposal for milk Contract Livestock Farming is essentially intended to help rationalize the organization and financially support the entire production process, from the producer to product processing and selling by the company.

The “Roussas” cheese production company was founded in 1952 by the Roussas family and since then it is dedicated exclusively to the production of quality cheese products. In order to achieve the production of genuine products with incomparable taste and quality, the family follows exactly the traditional production methods in a well-equipped ultra-modern factory with international certifications of quality, hygiene and environmental protection.

Today, the company exports over 90% of its annual production to USA, Canada, Europe, Africa, Asia, Australia, Middle and Far East. Its feta cheese is widely known and has been repeatedly awarded for its excellent quality.

Through the Piraeus Bank Contract Livestock Farming Program, the breeder 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 crops production and supply chain by supporting, in an organized manner, the mutually beneficial collaboration between breeders and the company.

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

Athens, October 1st 2014