The launch of he NBFI is pending approval by Romania’s central bank.
The funding instrument will offer loans specifically for the agricultural sector. Through this initiative, the agricultural holding aims to expand and diversify its products, in order to offer further support to farmers. This development aligns with the strategic direction of the holding to become a key player on the national agriculture stage.
“As part of our development strategy, we intend to complement the range of products and services within our group by introducing specialized services for farmers’ financing needs. This effort involves preparing the launch of a Non-Banking Financial Institution. The financing services will cater to the specific requirements of farmers, including short-term credits to support agricultural production. These credits will feature an easy application process and a repayment plan tailored to seasonal activities. By financing the agricultural sector – a vital domain for Romania’s economy – our aim is to ensure the prosperity of the country’s agricultural communities. We are dedicated to providing diversified solutions that strenghten farmers’ endeavors,” said Alexandru Savin, CEO of ROCA Agri RDF.
Present on the market since July 2022, the ROCA Agri RDF holding has generated revenues of over EUR156 million in the past year and doubled its exploited agricultural area, reaching a total of 4,000 hectares. Operating through its subsidiaries, namely RDF, RDF Agricultura, Adidana, Dachim, and Supliment, all of which are rapidly expanding countrywide, the conglomerate stands out both in the production and distribution of agricultural inputs as well as in grain trading.
ROCA Agri RDF’s investors are ROCA Investments, as the majority shareholder, and Florin Deznan. ROCA Investments specializes in acquiring medium-sized entrepreneurial companies and transforming them into high-performing entities in strategically targeted sectors.