“Following a comprehensive assessment, Al Dahra will discontinue its third-party trading activities of Grains and Oilseeds and will for these commodities focus on commercializing Al Dahra’s own products,” the group told ZF.
According to a recent Bloomberg report, the group wants to exit grain trading and focus on the farming and feed businesses.
„We are currently reviewing all existing contractual commitments and will work closely with our partners. (…) The transition affects only third-party grains trading operations. We will maintain our local grains distribution operations through our silos in the Fujairah port in the UAE,” Al Dahra representatives also stated.
Al Dahra entered Romania market in 2018, when it took over Agricost from businessman Constantin Dulute, in a deal valued at over EUR200 million.
Agricost in 2024 posted RON654 million turnover. The group manages over 100,000 hectares of farmland in Egypt, Romania, Serbia, the US, etc.
(English version by Catalina Apostoiu)