GRAIN
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COFCO Sees Five-Fold Profit Rise in 2020
Grain trader COFCO International Romania (formerly Nidera), part of China’s largest agri-food group COFCO, posted its highest profit ever, almost RON60 million, in 2020, five times higher th...
Romania’s 2021 Grain Harvest Four Times Higher Than in 2007 When Country Joined EU
Romania’s grain production could reach 34.16 million tons in the 2021 farming year, four times higher than in 2007, when the country joined the EU, says Cezar Gheorghe, founder of agribusine...
Grain Trader East Grain Revenue Rises 19% to RON359M in 2020
Grain trader East Grain, held by a number of Romanian and Hungarian entrepreneurs, ended 2020 with growth of about 19% in revenue to RON359 million (EUR74.5 million) from the RON302 million...
Intercereal Has RON40M for Investments in 2020
Romanian entrepreneur Augustin Oancea, who owns electricity, gas and oil product trader Tinmar Energy, has a RON40 million investment budget for Intercereal, which he acquired last year.
Grain Trader Ameropa Grains Revenue Shrinks 19% to RON3B in 2020
Ameropa Grains, one of the largest grain traders in Romania, posted RON3 billion revenue in 2020, down 19% on the previous year, ZF has calculated from the data the company supplied.
Cereale Colect Distribution set to invest RON40M in 2021
Grain trader Cereale Colect Distribution in Tulcea County has earmarked RON40 million for investments in 2021. The company intends to boost storage capacity by 40% to 300,000 tons and expand...
Cerealcom Dolj Hopes to See RON1B Revenue from Grain Trading in 2021
The owner of the largest Romanian-held grain trader Cerealcom Dolj, Mihai Anghel, hopes to make the first RON1 billion in grain trade revenue this year, after having posted growth of 15% ove...
Romania Loses Top Spot by Corn Production in EU in 2020
With a harvest of 10.8 milion tons of corn in 2020, Romania lost the top spot among producers in the EU, after having held it in 2018 and 2019 with 17 million to 18 million ton production, N...
Comvex Inaugurates Largest Grain Terminal in Constanta Harbor
Bulk raw material handling company Comvex Constanta (CMVX.RO) is getting ready to inaugurate the largest grain export terminal in the Constanta Harbor, with a capacity of 200,000 tons and be...