The project was financed via bank loan and the investment aims to ensure agricultural production stability against drought and to enhance crop efficiency.
JD Ago Cocora entered Romania’s market in 2008, when it bought farmland of 5,000 hectares and built a farm from scratch in Ialomita county. At present, it manages more than 17,500 hectares in the counties of Ialomita, Constanta and Buzau. The Group has 66 employees.
JD Agro Cocora ended 2024 with a turnover of RON100 million, up 15% year-over-year, and loss of RON15 million, as per finance ministry data.