CEC Bank is part of the banking consortiums that have been providing syndicated loans to Rodbun Group since 2018 and it is also part of the latest syndicated loan, worth RON278 million, granted in August 2021.
Rodbun Group has become the largest supplier of farm inputs (seeds, fertilizer) for small farmers, with more than 6,400 customers and a countrywide chain of 40 farm shops and phytopharmacies, 100 sales agents and more than 1,000 promoters.
The Group operates nine farms which produce seeds and test agricultural technologies. It exploits a combined area of 6,600 hectares and operates complex agricultural logistics facilities that also include silos with a storage capacity of almost 73,000 tons.
Rodbun Group’s shareholding structure was recently joined by Daniel Dines, CEO and founder of UiPath, who acquired 9.57% of the Group’s shares through Ice Vulcan Properties.