Business Forum • 3 February, 2026 at 10:08 AM
HempFlax Netherlands, a large cultivator and processor of industrial hemp, has announced plans to sell its extensive agricultural portfolio in Romania as part of a strategic shift in its business operations.
The company is seeking to divest nearly 800 ha of contiguous, compact farmland located in the Sebeș-Alba Iulia region.
The decision to exit the Romanian market follows a reassessment of HempFlax's long-term strategy. The firm intends to move away from bulk production in Eastern Europe to focus on vertical supply chain integration and value-adding activities closer to its primary Western European clientele. Despite this exit, the company continues to operate processing facilities in Oude Pekela, Netherlands, and Alba Iulia, Romania.
Ștefan Surcel, Head of Industrial Agency Cushman & Wakefield Echinox, said: “This portfolio presents a rare opportunity for investors to acquire large-scale, high-quality agricultural land in one of Romania's most dynamic industrial regions. With competitive pricing compared to Western European markets and the inclusion of essential equipment and infrastructure, we expect strong interest from both local and international buyers.”
Cushman & Wakefield Echinox handles the sale mandate for this portfolio.
The portfolio also includes all supporting machinery and equipment necessary for large-scale farming.
Romania's agribusiness sector remains highly competitive due to land prices that are significantly lower than the European average. Local values currently sit below €9,000 per hectare, a stark contrast to the Netherlands, where prices can exceed €85,000 per hectare.