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Cultivating value for the Economy, Employment and the Primary sector

October 14, 2024

At a recent media briefing, BARBA STATHIS presented the social and economic impacts of its operations in Greece for the period 2019-2023. The findings were based on a study conducted under the scientific supervision of the Research Laboratory on Socio-Economic and Environmental Sustainability (ReSEES) of the Athens University of Economics and Business.

The study quantifies the impact of the Company and its operations on the economy and employment sectors over the five-year period of 2019-2023. As Greece's leading vegetable company, celebrating 55 years of operation this year, BARBA STATHIS has consistently supported the domestic primary sector, returning the value and trust it receives to society and creating a significant positive impact.

According to the study, BARBA STATHIS demonstrated growth in its Socio-Economic Footprint in 2023 compared to 2019. The companys overall contribution to Greece’s Gross Domestic Product (GDP) increased by 46%, while its impact on National Income and Employment rose by 48% and 33%, respectively.

Over the five-year period (2019-2023), the companys total contribution to GDP is estimated at 507 million. During this time, its total impact on public revenues, through taxes and levies resulting from its operations, is estimated at 118 million.

The contribution of BARBA STATHIS to domestic employment is of notable significance. For every one (1) direct job created by the company, three additional jobs are supported within the Greek economy. From 2019 to 2023, the average annual direct employment effect is estimated at 570 jobs, which constitutes approximately 3% of the workforce in the Fruit and Vegetable sector during this period.

Currently, the company operates two production units and employs more than 600 people, most of whom are based at its headquarters in Thessaloniki. With a turnover of 108.8 million in 2023 and 7.7 million in investments for the same period, BARBA STATHIS collaborates with more than 1,400 suppliers and exports over 4,000 tons of products annually to 22 countries across the globe. The companys vegetables, known for their high quality and safety, are cultivated on 3,000 hectares of fertile Greek land by hundreds of Greek farmers using sustainable agricultural practices.

BARBA STATHIS has long supported the domestic primary sector through its Contract Farming program, providing propagating material, financial support, and training to its partner producers. The company also shares technical expertise, particularly concerning the adoption of new technologies and cultivation practices to promote sustainable farming practices and address climate change. To further strengthen these relationships, the company has established a Study Scholarship Program in collaboration with the American Farm School of Thessaloniki, offering children of its partner producers academic opportunities in the agri-food sector.

BARBA STATHIS is dedicated to fostering long-term, supportive relationships with its producers. As part of this commitment, the company has established a Study Scholarship Program for the agri-food sector in collaboration with the American Farm School of Thessaloniki. This initiative aims to equip the children of partner producers with the academic foundations necessary for future success in the industry.

With sustainable development as a core pillar of the company’s operations, BARBA STATHIS continues to advance with respect for both the environment and its people and by supporting its local community with initiatives and volunteering actions, always grounded in principles of good governance. In this context, it is worth noting that BARBA STATHIS recently achieved recognition as one of the top 1% of companies globally, as evaluated by EcoVadis for its performance in sustainable development and ESG criteria. Earning a Platinum ranking in its first year of evaluation reflects the company's profound commitment to practices that contribute to environmental and social sustainability.

During the presentation of the Study, Mr. Nikitas Pothoulakis, CEO of BARBA STATHIS, remarked: "For 55 years, BARBA STATHIS has been writing its own story in the Greek land, supporting Greek farmers, leading nutritional developments, and offering safe and high-quality products to Greek families. We take pride in our continued commitment to quality, safety, and innovation. We are doubly proud to honor the trusting relationships we have built with Greek consumers while significantly impacting the Greek economy, the primary sector, and employment. Driven by sustainable growth and continuous improvement, we are dedicated to continuing our work with respect for the environment, our employees, and society, cultivating value for all stakeholders."
 

More about the companys full Social and Economic Impact Study here

Watch the BARBA STATHIS corporate video here.

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barba stathis

Product of the Year 2025 awarded to Barba Stathis "Potatoes"

April 10, 2025
The Barba Stathis "Potatoes" product line has been honored with the prestigious "Product of the Year 2025" award in the "Frozen Potatoes" category.
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New scholarships announced by BARBA STATHIS

April 07, 2025
In active support of the primary sector of production in Greece, and in honor of the relationship of trust that BARBA STATHIS shares with its collaborating producers, the company announced the addition of new full scholarships to the American Farm School in Thessaloniki.
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BARBA STATHIS takes part in the 19th international marathon “ALEXANDER THE GREAT”

April 07, 2025
BARBA STATHIS was present at the 19th International Marathon “ALEXANDER THE GREAT", with its employees participating in the races held on Sunday, April 6th, 2025.
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BARBA STATHIS organized an info session on musculoskeletal health

April 04, 2025
Focusing on the health and well-being of its employees, BARBA STATHIS hosted an info session at its facilities in collaboration with the Scientific Society of Musculoskeletal Disorders.
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Six awards for BARBA STATHIS at the Finance and Accounting Awards 2025

March 13, 2025
BARBA STATHIS stood out at the Finance and Accounting Awards 2025, securing six awards that validate its best financial and business practices.
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BARBA STATHIS Supports “The Smile of the Child” with a Special Volunteer Initiative

March 04, 2025
With a strong sense of social responsibility and solidarity, BARBA STATHIS, as part of its Volunteer Action Program “Together We Do Good!”, took action to support the organization “The Smile of the Child.” 
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Gold Award for BARBA STATHIS at the Procurement Excellence Awards 2025

February 13, 2025
BARBA STATHIS won the gold award in the category of "Best Sustainability Initiative" at the Procurement Excellence Awards 2025 for developing a Sustainable Procurement Framework.
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BARBA STATHIS Donated 350,000 Portions of Vegetables to Charitable Organizations in 2024

January 20, 2025
In 2024, BARBA STATHIS continued its responsible support for vulnerable social groups, partnering with 122 organizations and helping over 92,000 beneficiaries across Greece.
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Supporting Future Farmers: BARBA STATHIS partners with American Farm School to offer agri-food scholarships

January 10, 2025
BARBA STATHIS is continuing its commitment to the agricultural community by once again  offering three (3) full scholarships to the American Farm School of Thessaloniki for the children of its partner producers.
Barba Stathis

"The Smile of the Child" and BARBA STATHIS Join Forces for a Good Cause

January 05, 2025
With the aim of social contribution and support for vulnerable social groups, "The Smile of the Child" is closely collaborating with the company BARBA STATHIS, providing valuable support to children and families in need.