Agriculture
Dorin Bob secures funding for hazelnut plantation in Romania
Local entrepreneur Dorin Bob has secured €4.6 million in EU funding to modernize and digitalize one of Romania's largest hazelnut plantations in Romania.
Romanian private equity firm Roca Investments has announced the completion of an amicable separation process within its agricultural holding, resulting in a full divestment from cereals producer RDF.
The new Agroland store in Arad is the first MEGA unit opened in Arad County, bringing the total number of Agroland stores in the county to four.
Domeniile Ostrov currently owns 1,200 hectares of vineyards located in the wine region between Ostrov and Constanța.
The farms within Holde's portfolio cultivated conventional wheat, rapeseed, sunflower, corn, peas, potatoes, sugar beet, and barley, as well as organic wheat, peas, and sunflower.
As part of its growth strategy, in the Q1 of 2024, Abatorul Periș SA completed the acquisition of two specialized meat processing units - Cathedral Distribution and Policalita.
The sale of feed and concentrates continued to hold the largest share of turnover, generating revenues of RON 100 million, a 15% increase compared to 2023.
Regarding the distribution of Agroland Agribusiness revenues by category, in 2024, the largest share of turnover came from the grain trading activity.
Planned investments include a new composting factory at the Lacto Agrar farm and the installation of solar panels on the rooftops of buildings at Apold, Lacto Agrar, and Cut farms.
The average annual temperature was 12.9916°C, making 2024 the warmest year in Romania's history of meteorological measurements.
The Agrii event, organized in Poiana Brașov, brought together around 500 participants for three days under the motto: "It is in our nature to grow together".
This amount represents the countervalue of the funds used from the state budget by APIA, in the period October 16–November 30, 2024.
This unit will transform 21,000 tons of manure annually into over 7,000 tons of organic fertilizer.
Nearly half of the companies whose applications were admitted went directly into bankruptcy, with no chance of recovery.
UiPath AI25 award recognizes the 25 most innovative UiPath customers using a combination of AI and automation as strategic change enablers to accelerate transformative outcomes.
Feed production amounted to 4,630 tons in Q3 2024, a 212% increase compared to the third quarter of 2023.
The platform acquired by Agroland Agribusiness is located on a plot of land covering 8,257 square meters.
Considering the difficult context, Holde Agri Invest's medium-term priority is to stabilize its financial situation and consolidate the business.
The 2023-2024 agricultural season has been marked by extreme weather events, severely affecting farmers nationwide.
n the mid-term, BASF is committed to keeping the overall distribution to shareholders on the level of the last years through a combination of dividends and share buybacks.
Revenue from the sale of fertilizers reached RON 10.7 million, up 10% compared to the same period last year.
Harvesting began earlier in August due to intense heat, and the weather conditions led to accelerated ripening of the grapes.
As for the 2023-2024 autumn cropping season, it produced total harvests of 43,621 tons, up 8% compared to the previous crop year, of which 2,300 tons were organic crops.
The logistics automated center inaugurated today features one of Romania's largest high-bay refrigerated warehouses, reducing the carbon footprint of logistics and storage.
Norofert has partnered with Engenutri Group, a top player in agribusiness, with over 25 years of experience in providing innovative solutions for nutrition and plant protection.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.