The company seeks to reach an annual output of 150 million liters across six high-efficiency farms by 2030, doubling the estimated milk production for 2025.
“We are not just expanding farms, we are cultivating a new paradigm in sustainable agriculture. Our goal is to become a regional leader in premium dairy and food production by developing industrial clusters that combine dairy farming, vegetable production, biogas and composting facilities, vertical wheatgrass farms, and greenhouse horticulture. With five major projects kicking off in 2026 and a biogas facility set to launch in 2027, we are positioned to double EBITDA by 2030. This strategy will be implemented by a newly structured executive management team, carefully selected and prepared under my guidance to lead DN AGRAR into its next phase of growth (….),” said Jan Gijsbertus de Boer, Chairman of the Board, DN AGRAR Group.
The company reported a consolidated turnover of RON175 million in 2024, up 16% year-over-year, net profit of RON31 million, up 40% year-over-year, and EBIDTA of RON70.7 million, up 31% against 2023.
Key strategic projects 2025 – 2030
CUT 2 Farm – A new 5,000-head cattle facility with a projected daily milk output of 150,000 liters. It will include a vertical farm producing 25% of the animal feed onsite. Construction is set to begin in 2026, with full operations by 2029.
Composting facilities – Five composting units will be developed alongside existing operations, with expected annual output exceeding 40,000 tons of organic fertilizer by the end of 2030.
Biomethane plant – Developed in collaboration with Black Sea Oil & Gas, the project is expected to generate annual revenues of EUR 3.5 – 4 million starting in 2027 and contribute to a 90% reduction in carbon emissions.
Wheatgrass vertical farms – Four vertical systems will generate over 100 tons of wheatgrass per day, potentially offsetting 25% of current feed input, improving cost-efficiency and sustainability.
Projects under advanced analysis with the investment decision expected in 2027
Straja 2 Farm – Designed for 5,000 dairy cows and daily production of 150,000 liters of milk. It will incorporate an advanced research & development center and vertical farming technologies, with operations potentially to start in 2030.
Greenhouse vegetable cultivation – A strategic initiative to broaden DN AGRAR’s revenue mix beyond dairy, tapping into the growing demand for traceable, high-quality products.
Portfolio diversification – Through research initiatives in partnership with academic institutions, we’re focused on maximizing the commodity value. This includes strategies like selling extracted fat and protein from milk, producing milk powder, or dehydrating milk to reduce transportation costs and boost margins.
Projects’ financing will be secured through a blend of bank loans, EU funding programs, capital increase, and internal capital. DN AGRAR has approved a new structure of the executive management team, composed of: Peter de Boer, Chief Executive Officer (CEO); Adina Trufaș, Chief Operating Officer (COO) and Deputy CEO; Mihaela Nicula, Chief Financial Officer (CFO). The current CEO, Jan Gijsbertus de Boer, will transition to the role of Strategic Advisor to the CEO and will continue as Chairman of the Board, ensuring continuity in strategic leadership. The new executive team will assume responsibilities starting 1st of June 2025.
DN AGRAR Group was set up in 2008 by Jan Gijsbertus de Boer and has been listed on the Bucharest Stock Exchange, on the AeRO market, since February 2022.
DN AGRAR Group, consisting of 11 companies, including five farms specialized in dairy cattle breeding (the Prodlact farm) and cow milk production (the Cut, Lacto Agrar, Apold and Straja farms). DN AGRAR Group has some 300 employees, operates over 7,000 hectares of land and owns more than 16,000 animals, both dairy cows and calves.