The new unit is the second MEGA store in Iasi County after MEGA Pascani. It covers an area of about 400 square meters, with a range of over 3,000 products, and is located inside the first strip mall in Miroslava – Family Market.
The Agroland MEGA Miroslava entailed an investment of EUR150,000 which does not include stocks of goods.
The company management expects sales worth over EUR1 million for Agroland MEGA Miroslava in 2023 and an average daily traffic of approximately 300-350 people.
Agroland Business System and reported consolidated revenue of RON66.8 million in the first quarter of 2022, up 21% on the year, and a net profit of RON1.6 million, up 31% form the first quarter of 2021, in line with the quarterly financial report of Agroland.
AG shares have lost 7.4% in 2022, amid total deals worth RON11 million, reaching a market share of almost RON155 million. The company is 69.7% held by its founder and CEO, Horia Cardos, 24.7% by natural persons and 5.6% by legal entities, as per stock market data.