New cow’s milk Contract Livestock Farming Agreement between Piraeus Bank and “Rodopi Dairy Industry S.A.”

Piraeus Bank, in collaboration with “Rodopi Dairy Industry S.A.”, has proceeded to the renewal and expansion of the Contract Livestock Farming Program, intended for dairy farmers in the Prefectures of Evros, Xanthi and Rodopi, after last year’s successful collaboration.

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 breeder to product processing and selling by the company.

The dairy industry has robust high-tech and quality standards mechanical equipment and concentrates almost the entire quantity of milk produced in the region of Thrace and Evros. The collection, maintenance and transport of raw milk are carried out under very strict quality and hygiene standards.

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