CDP and Cooperative Banking Group Iccrea have finalized a new Supply Chain Agreement based on the IV Call for Supply Chain and District Contracts managed by the Ministry of Agricultural, Food and Forestry Policies (MIPAAF). The project, called "Cafar-Magema-Gruppo Martini high-quality meat integrated supply chain", provides for investments of over 44 million euros.
5 companies (of which 2 cooperatives) from Emilia-Romagna that are part of the have benefited from this loan Martini supply chain. The 4 Cooperative Credit Banks involved in the operation are the mutual banks of Emilia-Romagna belonging to the Iccrea Group: Credito Cooperativo Romagnolo, the Ravenna mutual banks of Forlì and Imolese, Riviera Banca and Emil Banca.
In detail, CDP and the Iccrea Group – with Iccrea Banca through its Business Division – will each invest 19 million euro, while the Ministry of Agricultural, Food and Forestry Policies 5 million euro from the Development and Cohesion Fund (FSC ) and the contributions of the Piedmont, Sardinia and Campania regions for over 570 thousand euros to support the investments planned in their territory, as well as the contribution of own resources for more than 1,3 million euros.
The goal is to improve health and safety environmental sustainability in the production of chicken and pork signed Martini with particular regard to animal welfare, primary production (reproduction, breeding), feed, transformation, marketing and logistics of meat and meat-based products.
In particular, thanks to the loan, the Martini Group will be able to strengthen and increase high-quality "Antibiotic-Free" zootechnical production, create new breeding structures as well as expand existing ones, coordinate and enhance technical and veterinary assistance, so as to consolidate the positioning on the markets for its products.
“The Iccrea Group's commitment to supply chain contracts does not stop – he commented Carmine Daniel, Product and Services Manager of Iccrea Banca – especially when it comes to encouraging projects that look at sustainability, as in this case. A farm attentive to animal welfare will offer a product of excellence, that excellence which has always made Italian agri-food products attractive and which we, as Credito Cooperativo, are committed to supporting and encouraging every day".
“Thanks to the CAFAR-MAGEMA-GRUPO MARTINI High Quality Meat Integrated Supply Chain Project – highlighted Dr. Fabio Martini – the Group has the possibility, thanks to the huge investments envisaged in each stage of the Supply Chain, to look to the future and to consolidate its position within the agro-industrial market, in which it has been actively operating for more than a hundred years. The Supply Chain Contract signed with the MIPAAF offers the Group companies the best opportunities to proceed with our policy of technological innovation, without losing sight of our roots and the quality of the products that have always distinguished us".
