“In a first stage, the investment process in the slaughter house will continue until bringing it at a maximum processing capability. We do not exclude developing connected investment projects, should we consider them necessary and bring added-value to our farmer partners,“ according to a group’s statement.
Agricover bought he slaughter house from Romsuintest Peris, under insolvency, in a EUR1.4 million deal, according to previous ZF data.
Agricover reported a turnover of RON1.3 billion (EUR285 million) in 2014, up 18% on the year.
Agricover, owned by Iranian businessman Jabbar Kanani, provides integrated solutions for farmers, such as seeds, fertilizers, diesel fuel, financing and support.
(English version by Manuela Panescu)