Agriculture
Norofert launches Brazilian fertilizer production line
Romanian agricultural biotechnology company Norofert has officially launched its new fertilizer production line in Chapecó, Brazil.
Agroland Group, specialized in retail, agribusiness, food production, and animal nutrition, has secured nearly €1 million in grants through the Modernization Fund to develop four photovoltaic power plants with a total installed capacity of 1.62 MW.
The Romanian Competition Council has authorised the acquisition of Agrifirm Magyarország Zrt. by UBM Grain Zrt., part of the UBM Group.
Agroland Group, a Romanian entrepreneurial business with interests in retail, agribusiness, food production, and animal nutrition, has announced a 23% increase in net profit.
Agroland, the Romanian entrepreneurial group, has expanded its national store network by opening a new MEGA-format store.
East Grain, part of the Agrofert Group, has successfully acquired a 90% equity stake in Maragro Group, an agricultural enterprise based in Giera, Timiș County.
Rodbun Grup, a local agribusiness company, has secured a syndicated credit facility with a state guarantee, totaling €17.3 million, to back its working capital and development plans.
Agrifood company DN Agrar Group has officially signed development and supply contracts with BSOG Energy, owned by Black Sea Oil & Gas.
KC Agro is significantly expanding its agricultural capabilities with two strategic new developments in Timiș County, 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.
Romanian e-commerce giant eMAG is gearing up for its 15th annual Black Friday event on November 7, which the company expects to set new records for the online commerce industry.
BT and the Investment and Development Bank (BID) have concluded an agreement to support the development of investment projects intended for infrastructure and local communities.
SMEs enjoy the highest level of confidence among Romanian consumers, according to a new study commissioned by Visa, a global leader in digital payments.
CruiseHub, part of the Aerotravel group, has become the first travel agency in Romania to organise an expedition-type group cruise to Antarctica.
The tax-to-GDP ratio in Romania remains one of the lowest in the European Union, despite registering an increase in 2024, according to recent data published by Eurostat.