OTP Bank Romania financed the largest organic blueberries plantation in Romania with 10.5 million RON

MerryBerry is the largest organic blueberry plantation in Romania, located in Dambovita County. It currently covers a  100 hectares area, on which the shrubs were planted in 2016 – 2017, meaning that it will reach an annual production of over 1,500 tons of blueberries, starting 2021. Thus, MerryBerry has the potential to become the largest organic blueberries plantation in Europe, competing with the big established producers in Spain, Poland, Germany and France.

OTP Bank Romania financed with 10.5 million RON the construction of the MerryBerry refrigerated warehouse, necessary for keeping the blueberries in optimal conditions, sorting them and delivering them in the best conditions to the stores in Romania, England or Germany where the company has distribution contracts. For immediate access after harvesting the fruit, it is located in the middle of the MerryBerry plantation and will use the most advanced refrigeration technologies, thus ensuring the freshness of the fruit. The surface of the warehouse is 2500 square meters, and among its facilities there is a high performance automatic sorting and packing line. The warehouse will have three cooling chambers and five CA / ULO chambers.

“Our contribution to the agribusiness sector is a long-term one and we work closely with the Romanian farmers regardless of the size of their business. Thus, we had the opportunity to observe their tendency to invest in technology more and more, which is why we decided to expand the range of products and services addressed to them. We have for products and services designed to support them in this endeavor, having the potential to change the Romanian agriculture for the better. Financing the MerryBerry deposit is another step we take in this direction”, said Alexandru Neagu, SME Division Director, OTP Bank Romania.