The funding, provided through Raiffeisen Bank via the European Investment Bank's (EIB) Recovery and Resilience Plan for Romania, will be used to build and equip 12 new poultry houses. 

The total investment in the project is €20 million, with the remaining €5 million covered by Agroland's own funds. The loan is backed by an EIB portfolio guarantee that will cover 80% of the credit.

Horia Cardoș, Founder and CEO of Agroland Group, said: "This strategic investment will mark a key moment in the execution of our long-term growth plan and in consolidating the Agroland Group's leading position on the Romanian agri-food market.”

This strategic expansion aims to triple the company's current production capacity, with a goal of reaching one million laying hens by the end of 2027. 

The new halls, with a total capacity of 600,000 hens, will be built on a 211,600 sqm plot of land adjacent to the existing poultry platform. The company announced the acquisition of this land, valued at €785,000, earlier in August. 

The investment will strengthen Agroland's position as the largest producer of cage-free, free-range, and organic eggs in southern Romania.