Agriculture | 13 January, 2026 at 10:20 AM
Agroland acquires poultry producer Avirom
Agroland Business System has completed the acquisition of Avirom, a Romanian company specialising in day-old chick and duckling production.
Agroland Business System has completed the acquisition of Avirom, a Romanian company specialising in day-old chick and duckling production.
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.
Feed production amounted to 4,630 tons in Q3 2024, a 212% increase compared to the third quarter of 2023.
The feed factory in Caransebes was acquired in 2022 and involved a RON 5 million investment.
Operating profit amounted to RON 5 million, a 29% increase over Q1 2023, while net profit was RON 2.2 million, a 62% rise.
Visual Fan, through its renewable energy division Allview Energy, has completed construction and installation work for a 46 MWp photovoltaic power plant in Țăndărei, Ialomița County.
Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.
Telecom company Digi Communications has converted 16,974 class A shares into class B shares to fulfill obligations under its ongoing stock option plan.
Nearly two-thirds (62%) of Romanian business leaders anticipate increased threats to their companies in 2026, yet over four in five (85%) remain optimistic about growth prospects for their organisations, according study by Grayling among top executives from IT, finance, energy, retail, health and media sectors.
Romania's Ministry of Finance has listed government bonds worth over €200 million from its second Fidelis issuance of 2026 on the Bucharest Stock Exchange (BVB).