Dairy giant boosts its Greek baby formula supplies

Dutch dairy co-op FrieslandCampina has boosted its stocks of condensed milk and infant formula in Greece in anticipation of stockpiling by consumers.

A spokesperson for the Dutch company, the largest dairy processor in Greece, said that its 450 employees based in the crisis-hit country were paid in advance last week in order to ensure continuity of supply.

“We are holding more stock of child nutrition and condensed milk,” spokesman Jan-Willem ter Avest told Reuters. “We took that decision ... to ensure supply to consumers as we expect people will want to buy more and keep it in stock.”