Carmistin secures €500 million financing for food production investments

Business Forum
Carmistin The Food Company has secured financing of approximately €500 million to continue investments in agriculture and the food industry through a partnership with a bank syndicate.

The Romanian poultry and feed production leader is consolidating its growth strategy through an investment programme in development and innovation. The financing is structured as a syndicated credit, jointly arranged by BCR (mandated lead arranger, bookrunner, documentation agent), ING Bank Amsterdam (global coordinator and bookrunner), CEC Bank (mandated lead arranger), Intesa Sanpaolo Romania and UniCredit Bank (senior lead arrangers), Exim Bank and Raiffeisen Bank (arrangers), PKO Bank Polski Varșovia Bucharest branch and Garanti BBVA (lenders).

Nestor Diculescu Kingston Petersen (NNDKP) acted as legal counsel for the banking syndicate, while Clifford Chance represented Carmistin.

The investments will support projects to increase food production capacity, particularly in the pork sector, and diversify the food product portfolio. Two major projects are in focus: a large-scale pork production unit and construction of new genetics and reproduction facilities, which will add to existing ones and ensure annual production of over 500,000 piglets. The investment plan also includes building a new food products factory, primarily for export, integrating the group's current production flows.

"This syndicated credit represents more than a financial move - it confirms the direction Carmistin follows and the confidence our partners have in a domestic business model built on investment, responsibility and long-term vision," said Justin Paraschiv, Founder and President of Carmistin The Food Company. "The partnership offers us the stability needed to accelerate strategic projects in agriculture and the food industry, to increase production capacity and support our ambition to transform Romania into a relevant food supplier for Europe."

Following investments in recent years in new food production facilities, Carmistin became Romania's poultry sector leader in 2025, with annual production capacity exceeding 120,000 tonnes of poultry meat, and also leads feed production with 735,000 tonnes annually, including organic. The group comprises over 50 companies active in poultry and egg production, pig and cattle farming, and cereal production.

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