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Enhancing Performance through Business Continuity Planning

Business Continuity Planning

With the majority of its revenues derived from sales in the Greek market, and most of its 11,000-strong workforce based in Greece, the Eurozone crisis and potential for Greece’s exit from the euro has been a discomfiting time for Greek food company Vivartia.

Consequently, the company has had to make specific plans on how to manage a possible Greek exit, and the potential impact on financing, revenues and growth. Although the risk is now less severe than the period of ‘red alert’ in May/ June 2012, Vivartia remains vigilant and conscientious in its contingency plans.

Key Points

  • This article outlines how Vivartia’s treasury has managed its contingency planning during uncertain times including a potential Greek default and secession from the euro
  • A risk management and contingency plan, the ‘Business Continuation Project’ was drawn up
  • Major risks including liquidity, credit and redenomination of the drachma were identified and the article describes how the company planned to minimise their impact on financing, revenues and growth


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Written by:


Marianna Polykrati


Group Treasurer

This article is available as part of an extensive case studies collection: Cash & Liquidity Management Series

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Corporate Case Studies

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