“We are delighted to be part of Holde Agri’s journey and to contribute to the realisation of its modern vision for Romanian agriculture. It is one of the companies with Romanian capital that is developing some of the most innovative projects in this sector in our country. The team’s dynamism, desire to innovate and commitment to the potential of Romanian agriculture really resonated with us”, said Alexandra Manciulea, partner at Filip & Company.
The Filip & Company team that assisted Holde Agri Invest in this project was coordinated by Alexandra Manciulea (partner) and included Camelia Ianțuc (senior associate) and Smaranda Văcaru (senior associate) in key positions.
Established in 2018, Holde Agri Invest operates a total agricultural area of approximately 13,200 hectares divided into four nucleuses – Rosiori, some 3,830 hectares, Frumusani, some 3,720 hectares, Videle, some 2,300 hectares, and Contesti, some 3,350 hectares.
The annual report published at the Bucharest Stock Exchange shows that the holding company ended 2022 with revenue of RON118 million due to a total production of 43,000 tons of grain, and EBITDA of RON26 million. At end-2022, debts stood at RON142 million, up 61% on the year, and assets at RON245 million, up 42% on the year.