Stevia Hellas Cooperative planning investments totaling 8 million euros

Stevia Hellas Cooperative, a Greek company producing products based on extracts of stevia plant, is planning to invest a total of 8 million euros for the creation of a unit to process stevia leaves and produce the final products, company CEO Christos Stamatis told US Ambassador Geoffrey Pyatt during the latter's brief visit at the cooperative's headquarters in Lamia last week.
The investment plan is scheduled to begin in April and is expected to be completed within the following five years and will be financed by the cooperative's own resources and through investment funds, he said.
"Our cooperative is the only large scale stevia producer throughout Europe," Stamatis said. "The door for the first big industry we cooperated with, opened up through ACCI, in which we participated as an enterprise. Incubators and other public or private initiatives have supported us since we...