The company said its net profit reached EUR1.75 million in the first half, nearly four times higher compared with its profit for the entire year 2019.
These are Agroland’s highest earnings in its 20 years of existence.
Company officials said results were due to opportunities generated by the COVID-19 crisis on its market segment and investments it made in 2019 to diversify its product range.
Agroland currently has 247 stores in 28 counties in Romania, of which 190 are operated by franchise partners.