The 2014 revenue is also its highest in Romania, with the trader growing its business 13-fold in six years, according to Finance Ministry data.
Ameropa’s revenue in a calendar year actually shows how much revenue it made in two halves of different agricultural seasons. The 2014 results include the January-June results (the second half of the 2013-2014 season) and the July-December results (the first half of the 2014-2015 season) of the wheat, barley and rapeseed trade.
Ameropa’ s growth pace shows the potential of the local agriculture sector and the freedom to move multinational traders have enjoyed so far on a market where most of the money comes from a short list of companies.
Its local operations consist of agricultural commodities trade and distribution of imported fertilizers. It also manufacturers fertilizers in Romania in the Azomures plant.
Ameropa also posted EUR3.6 million net profit last year, an increase of 50% on the calendar 2013.
(English version by Loredana Fratila-Cristescu)