Business Forum
| 14 October, 2024 at 11:29 AM
Agroland Agribusiness acquires agro-industrial platform for seeds and grains
The platform acquired by Agroland Agribusiness is located on a plot of land covering 8,257 square meters.
The platform acquired by Agroland Agribusiness is located on a plot of land covering 8,257 square meters.
Considering the difficult context, Holde Agri Invest's medium-term priority is to stabilize its financial situation and consolidate the business.
The 2023-2024 agricultural season has been marked by extreme weather events, severely affecting farmers nationwide.
n the mid-term, BASF is committed to keeping the overall distribution to shareholders on the level of the last years through a combination of dividends and share buybacks.
Revenue from the sale of fertilizers reached RON 10.7 million, up 10% compared to the same period last year.
Harvesting began earlier in August due to intense heat, and the weather conditions led to accelerated ripening of the grapes.
As for the 2023-2024 autumn cropping season, it produced total harvests of 43,621 tons, up 8% compared to the previous crop year, of which 2,300 tons were organic crops.
The logistics automated center inaugurated today features one of Romania's largest high-bay refrigerated warehouses, reducing the carbon footprint of logistics and storage.
Norofert has partnered with Engenutri Group, a top player in agribusiness, with over 25 years of experience in providing innovative solutions for nutrition and plant protection.
The collaboration with IFC supports Norofert in conducting comparative research to evaluate the impact of microbial inputs in soil on carbon emissions and CO2 sequestration.
The group continued its relationships with over 10,000 farmers who accessed the products and services offered through the group's three business segments.
At the end of June 2024, the livestock owned by DN AGRAR, consisting of dairy cows and young cattle, and reached approximately 14,700 heads.
The group continues its investments in its portfolio restaurants as well as in the development of the restaurant and hotel segments.
For the Full-year 2024 outlook, the company expects organic sales growth of at least 3%.
Intesa Sanpaolo Bank, continues to support the development of sustainable agriculture in Romania, recently granting a working capital loan of RON 1.35 million to Ultragreens.
The feed factory in Caransebes was acquired in 2022 and involved a RON 5 million investment.
The Safir Group announces strong financial results for the fiscal year 2023 and solid investment in green technologies.
Agrii and MullenLowe Romania redefine how the agricultural community in Romania gathers, learns, and collaborates.
Operating profit amounted to RON 5 million, a 29% increase over Q1 2023, while net profit was RON 2.2 million, a 62% rise.
Romania exported €952 million worth of agricultural and food products to Italy, down 6.2% compared to 2022, Italy being the top destination for Romanian exports in this category.
Aon România is organizing the event Agri Risk Management: National Conference on Agricultural Risk Management in partnership with CSR Nest.
Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area.
Norofert announces the start of a production line for inputs and an investment of €250,000 in one of the most important agricultural area in the USA
The fund's strategy is in line with the Green Deal focusing on climate and environmental impact.
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.
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.
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.
Power producer Electrica has finalized and commissioned a photovoltaic park with a capacity of 27 MW in Satu Mare county.
The net profit of Romania's major companies has seen a slight decline of 1.6% in 2024, while their debts have surged by €11 billion, reaching a total of €239 billion.