The total investment amounts to EUR15.3 million, of which EUR9.99 million represents non-refundable funds.
The project is financed through Measure DR-22 – “Investments in conditioning, storage and processing of agricultural and fruit products.”
This permit allows the start of construction works for the strategic project aimed at expanding the company’s vegetable and potato storage and conditioning capacities. The project is an integral part of Grup Serban Holding’s development strategy and will have a positive impact on the integrated production chain and on strengthening the company’s position in the Romanian agribusiness market.
Grup Serban Holding has a market capitalization of EUR60 million.