Business Forum • 19 January, 2026 at 12:06 PM
Agricover Credit IFN has signed a €12 million financing agreement with the Black Sea Trade and Development Bank (BSTDB), with funds designated for Romania's agricultural sector.
The cooperation between BSTDB and Agricover began in 2013 and has contributed to the financial consolidation of farmers and SMEs in Romania.
"Small and medium farmers represent the core of Romanian agriculture, while facing rising costs, limited guarantees, climate volatility and difficult access to traditional bank credits," said Serhan Hacisuleyman, CEO of Agricover Credit. "As Romania's main specialised agricultural financier, our mission is to create products that truly fit how farmers operate, financing aligned with agricultural cycles, flexible working capital structures and long-term solutions that support modernisation."
Through this new agreement with BSTDB, the company can extend accessible and dedicated financing where it is most needed.
Agricover is a Romanian agribusiness group, with consolidated revenues of approximately €360 million at the end of 2024 and €217 million in H1 2025.