He has not signed with any other company yet and Agricover, the EUR300 million business of entrepreneur Jabar Kanani, has not appointed a new general manager, market sources say. Agricover officials did not comment on the information.
Arsene joined Agricover when the agribusiness group’s revenue was ten times lower than it is today and it only had grain trade and fertilizer, pesticide and seed distribution operations.
Under Robert Arsene’s leadership, Agricover became one of the largest multinational grain traders on the local market, becoming a link between farmers and major traders, as well as a bridge between farmers and industrial bakery companies or vegetable oil producers.
Meanwhile, the company has diversified, entering meat, milk, vegetable and potato trade. It also created a finance division run by banker Robert Rekkers, which is now one of the growth drivers of the group, an online store and took the first step towards regional expansion by entering Bulgaria.
(English version by Loredana Fratila-Cristescu)