The group is targeting investments of EUR20 million in the poultry farming site in Mihailesti, which will reach over 1 million chickens by 2027, transforming the Food division into a strategic pillar. In the first half, 38.7 million eggs were sold through this platform, and revenue stood at RON31.6 million.
The Retail division generated net sales of RON177.1 million, with 2.1 million customers. The company’s plan is to reach the threshold of 300 active stores by 2028 and over RON350 million revenue.
In the first half of 2025, Agroland opened three MEGA stores in Arad, Suceava, and Turnu Magurele, as well as nine traditional stores, with expansion accelerating after the reporting period.
As for the farm input business, revenue fell by 23% to RON24.3 million, as a result of the strategic reduction in grain trading and lower seed sales amid losses caused by drought.
Operating expenses increased in line with the expansion: 9% for goods, 49% for energy, and 28% for personnel, with the number of employees rising to 551. Financial expenses went up by 76% to RON5.4 million, due to variable interest rates and corporate bonds.
(English version by Loredana Fratila-Cristescu)