Supply chain contracts, 43 million for Trentingrana
From Masaf 19 million in non-repayable funds, while 16 million will be financed by Bcc Banca Iccrea and Cdp together with Bcc Veneta; 8 million from co-financing by companies
The 14 Trentino dairies belonging to the Trentingrana Consortium will be able to benefit from a supply chain contract for 43 million Euro. In fact, Bcc Banca Iccrea and Cassa Depositi e Prestiti, together with Bcc Veneta, have financed a new supply chain contract for 19 million, with the aim of enhancing and marketing dairy products, in particular Trentingrana cheese. To these are added non-repayable contributions granted by Masaf for a further 19 million. The remaining 8 million were financed by the associated companies with their own funds.
The operation, also promoted by Confcooperative is called'Trentingrana: the taste of quality and sustainability', and is valid on the Vth Call for Sector and District Contracts, managed by the Ministry of Agriculture, Food Sovereignty and Forestry (Masaf).
The resources of the contract will be allocated to a supply chain that includes - in addition to the lead company of Trentingrana, Concast - 24 other beneficiaries in order to carry out investments dedicated to the purchase of new tools and the improvement of the facilities in which Trentingrana is produced, with a particular focus on energy saving and decarbonisation.
In addition to this supply chain contract, Bcc Banca Iccrea provided Concast with a loan worth EUR 3 million in the form of a revolving pledge (with the dairy product as a guarantee for the operation, thanks also to Csqa certification) in order to allow cheese maturing and support working capital.
"With this operation, the Bcc Iccrea Group continues to support agriculture and people working in the agrifood sector. This happens thanks to our deep expertise in this particular sector, which allows us to be at the forefront in fostering the development of the companies involved in the various projects," commented Carlo Napoleoni, head of the Enterprise Division of the Bcc Iccrea Group.


