“The year 2023 turns out to be the most challenging year for the agricultural sector in Romania, as the drought severely affected crops throughout the country, which makes a negative impact on our performance, as well,” Laptaria cu Caimac’s General Manager Cornel Danila said.
“In the first nine months of 2023, we posted contradictory results of our business segments, 31% growth for the plant’s operations and 39% growth for the livestock farming operation, with the latter affected by the significant decline of the vegetal business by 57%.”
Under the circumstances, Agroserv Mariuta had to rethink its 2023 budget so it now estimates to end the year with RON81.6 million revenue and RON3 million net loss.
(English version by Loredana Fratila-Cristescu)