Agroland Group, a Romanian entrepreneurial business with interests in retail, agribusiness, food production, and animal nutrition, has announced a 23% increase in net profit.
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.
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 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.
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 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".
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.
The German family-owned STIHL Group has officially inaugurated its first production site dedicated exclusively to battery technology in Oradea, Romania, representing a strategic investment of €125 million.
Cris-Tim Family Holding, a leader in the Romanian cold cuts and ready-meals markets, has announced its initial public offering (IPO), with a goal of listing on the BVB.
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.
SolarToday Eastern Europe, a provider of energy storage solutions, has successfully commissioned a 10.32 MWh utility-scale battery energy storage system (BESS).
Froneri, one of the world's largest ice cream companies, has agreed to acquire the European ice cream business of Food Union, including the Romanian brand Alpin.