Besides irrigation and production capacities, the company plans to also invest in warehouse development.

“Our target for the next five years is to reach 100,000 warehousing capacity,” said Ovidiu Bucataru.

Grup Serban Holding started operating 27 years ago in Onesti and is currently active in several areas.

The company in late 2021 announced the successful conclusion of the private placement for its shares, in the wake of which it raised RON12.7 million from investors to expand its business.

Grup Serban Holding posted EUR74 million turnover in 2020, up 5.6%.

(English version by Catalina Apostoiu)