Ionis Koroneiki

by Nutria Sa

Nutria was founded in 1994 as a continuation of a smaller company. The primary facilities consisted of an olive mill that crushed the local harvest in olives, a small bottling unit, and a complex of silos for grain storage. From the very beginning of its operation, Nutria’s activity was mainly centered on exports and this trend continued for a decade. In 1997 the company establishes a complex of silos for grain storage in Stefanovikeio, Magnesia. In 2005, as a result of a series of investments, Nutria broadens its production by constructing a modern packing unit and a finished product warehouse, occupying a total surface of 5.000sq m. In 2006, Nutria starts the construction of the oil refinery unit for the refining of olive oil, olive pomace oil, and seed oils. At the same time, the construction of a tank complex for the storage of the primary materials to be processed or bottled takes place. By the completion of the above investments, in 2009, Nutria’s Sales Department, dedicated to the domestic market, begins its activity. In 2012, Nutria begins the planting of an olive grove of “Koroneiki” variety olive trees with a surface of about 10 hectares. Via this project, Nutria aims to experiment with the optimization of the farming techniques, the collection techniques, and their relation to the quality of the olive oil. Nowadays, Nutria can be characterized as a modern, vertically integrated unit with a well-established position both in the domestic market and abroad. Nutria’s products are exported to more than 30 countries all over the world, including Germany, France, Belgium, Bulgaria, Romania, the U.S.A., Canada, Brazil, Russia, China, Korea, Australia, and Japan. Regarding human resources, Nutria employs 70 persons.