Renewal and extension of Piraeus Bank's Contract Farming Deal on Canned Peachwith "Venus Growers A.C." Venus Growers

Piraeus Bank, in collaboration with the "Venus Growers A.C.", proceeded to a renewal and extension of the Contract Farming program for clingstone peach producers in the prefecture of Imathia, following last year's highly successful program. It was the first Contract Farming program of Piraeus Bank that was successfully concluded and gave new perspectives on stable and sustainable of the primary sector.

The funding proposal for canned peaches 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 "Venus Growers Agricultural Cooperative" has facilities in Veria and Alexandria, in the Prefecture of Imathia, and operates in the fruit processing and standardisation sector for the Greek and international markets.

The Venus Growers A.C." is the first agricultural cooperative export business in Greece. Exports account for 97% of its turnover and destined to 45 countries and mainly to the most demanding markets of Japan and the UK. The Venus Growers A.C." is among the leading global players of the canned fruit market in terms of product quality and quantity.

The mission of "Venus Growers A.C." is to:

  • Produce consistently high quality products.
  • Establish fully controlled health and safety conditions in production.
  • Deliver excellent services.
  • Maintain high efficiency.

To achieve this mission, "Venus Growers A.C." employs highly qualified people, has optimal organisation and high tech equipment.

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 Cooperative is guaranteed.

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

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