In January, the Buzau-based company, with more than RON1 billion revenue, had the preventive composition proceedings started, an early restructuring mechanism for companies in temporary difficulty.
AAylex ONE is a vertically and horizontally integrated group specializing in the production and distribution of chicken and specialties. The company operates in nine counties across the country, has over 2,000 employees, and works with over 10,000 partners. With an average production of 10 kilograms of meat per second, AAylex ONE is Romania’s largest meat exporter, according to its representatives. Cocorico products are exported to over 30 countries on three continents.
“As the administrator, we are taking an active and strategic role in the recovery of AAylex ONE, a key player in the agri-food industry and one of the most important employers in the region,” said Paul-Dieter Cirlanaru, CEO of CITR.
(English version by Loredana Fratila-Cristescu)