In 2013, Agricola Bacau had a turnover of RON590.46 million.
Agricola International posted a turnover of nearly RON353.66 million (some EUR81 million), compared to RON326.34 million in 2013.
According to company representatives, the results show that Agricola has been keeping an upward trend over the last 6 years, in the context in which the poultry market saw a slow growth, of only 2%, on the year in 2014, and the average poultry price fell 3% locally and has been on a negative trend in Europe.
Exports declined nearly 30% on the year in 2014 (nearly 8% of poultry production), as the company focused mostly on the local market, especially on traditional retail which engulfs 36.5% of production.
On the cold-cuts segment, sales of Agricola’s Salbac rose 11% on the year in 2014, considering that this market continued to shrink.
On the ready-meal segment, Agricola’s Europrod sales rose 18% in 2014.
The group’s Avicola Lumina Constanta saw a 13% increase in egg sales in 2014, which translates into a nearly 6% increase in volume.
Agricola Bacau is one of the largest poultry meat producers and processors in Romania and the country’s main exporter of poultry. The group is owned by several Romanian investors, among whom Gheorghe Antochi.