Carmistin executive director, Andrei Brumaru, said both the turnover and profitability will see increases of 20% to 25%, respectively, adding the increases are generated by some new units entering into production, both in the poultry breeding sector and in the pig breeding sector”.
State-run lender CEC Bank is one of the banks funding the company. The company is to invest over EUR120 million, in the next five years, in developing all business lines, retrofitting, increasing the production capacities and integrating 100% the production chain.
Carmistin Group comprises over 20 specialized companies clustered in four production divisions -chicken, pork, beef and agriculture.
The main companies are Avicarvil, Avirom Plus, Avicarvil Farms, Avicarvil Farming, Avicarvil Food&Distribution, Porcellino Grasso, Agrikilti, Carmistin Trading, Carmistin International, Pajo Agriculture, Tracian Beef and so on.
The group has managed to double the poultry meat production and aims to double the pork production capacity in 2019, by completing the investments in two new production units.