RODOULA SA GETS HIGH INVESTMENT CAPITAL € 3,000,000

Rodoula SA announces the financing of € 3,000,000 from the Elikonos 2 SCA Sicar investment fund. This funding will contribute to the further development of the company in the Greek market as well as in other selected markets around the world.

Elikonos also draws on funds from EquiFund, which is an investment platform and an initiative of the Greek State and the European Investment Fund (EIF). The Elikonos 2 SCA Sicar investment fund has total assets exceeding Euro 70 million and aims to finance growing Greek companies.

Equifund is funded by the Greek ESIF Fund of Funds TAESYM from the European Union / European Regional Development Fund / Operational Program EPAvEK Operational Program EPAvEK ), the EIF and the Institutional Investors, and aims to facilitate access to finance mainly for small and medium-sized enterprises by creating Venture Capital Funds in Greece in collaboration with authorized intermediaries.

Rodoula SA is one of the leading companies of frozen dough and dessert products in Greece with presence in more than 40 countries. The Company has a staff of 300 people. The Company’s products are manufactured in 2 production facilities in Attica, while the Company maintains distribution centers in Athens, Thessaloniki and Crete.

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