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.
Several of Romania's largest financial institutions have issued official statements to the Bucharest Stock Exchange (BVB).
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.
Meta Estate Trust has announced the development of a new commercial asset in Vânători commune, Galați County, based on a 15-year lease agreement with Penny, part of the German Rewe group.
Delgaz Grid, E.ON's distribution company in Romania, invested over €241 million in natural gas and electricity distribution networks last year.
Romania's National Bank (BNR) board decided to maintain the monetary policy interest rate at 6.50% per year during Tuesday's meeting.