In the 2020 fiscal year (July 2019-June 2020), Cerealcom Dolj posted RON846 million revenue, an increase of 20% on the previous year, and more than 90% of the revenue came from exports. The revenue increased despite the difficult year when the drought caused a decline in grain production by 40% to 19 million tons. However, the trader got the best prices ever for the 2020 harvest, which helped its profit double to RON8.3 million.
Cerealcom Dolj has about RON20 million for investments this year, after having invested RON40 million in the previous two years, chief financial officer Vlad Florea said.
“This year we are investing in grain elevators, purchase of trucks to transport grain and of a software program.”
(English version by Loredana Fratila-Cristescu)