The most important company of the group, Agricola International, which incorporates the poultry production chain and the logistic operator, had a flat turnover of RON172 million.
Agricola Bacau president Grigore Horoi said poultry sales rose by 6.8% in volume (19,043 tons) and by 5.2% in value on the year in the first six months of 2015, in the context of a decrease in the average price on the poultry meat market, both on the local and on the European market.
On the cold-cuts segment, Agricola’s SALBAC saw an 11.2% increase in turnover to RON47.43 million.
On the ready-meal segment, Agricola’s Europrod reported a 7.2% increase in turnover to RON14.04 million.
Also, the group’s Avicola Lumina-Constanta posted a 13.3% increase in egg sales in volume (30.56 million eggs) and a 20.7% increase in sales in value to RON10.23 million.
Agricola Bacau is one of the largest poultry meat producers and processors in Romania and the country’s main exporter of poultry. According to Nielsen, the group held 16% of the poultry meat market and 19% of the ready-meal market in 2014.
The group is owned by several Romanian investors, among whom Gheorghe Antochi.