Expenses with raw materials and consumable materials decreased by 68%.
„The company’s activity continued to be affected by the protectionist measures imposed by the Government starting with the second half of 2023 through GEO no. 67/2023 and successively extended, the last extension of the application deadline being ordered at the end of December 2024 until June 30, 2025. The measures have the declared objective of reducing inflation by lowering the price on the shelf and targeted the industry to which we belong by limiting the commercial mark-up to 20% for refined sunflower oil. Their application negatively affected valueadded products and favored products with low commercial margin and implicitly the entire profitability of the company’s operations,” reads the company’s report.
Starting November 2025, Argus is majority held by Bulgaria’s Buildcom, after the completion of the deal for the takeover of the 91.42% stake from Infinity Capital Investment.
(English version by Catalina Apostoiu)