„Our investment plan is a lot ampler. We are in talks for investments which exceed EUR8 million, but we do not know exactly when they will materialize. The RONC2.5 million represent investments already approved and forecasted, which target software implementations and logistics improvements,“ said Cosmin Cebuc, mana¬ger of the group’s legal department.
In 2016, the company exported grain and oil crops of only RON2.1 million (under EUR500,000) because it sold to local traders. However, starting 2017, the management of Rodbun wishes to resume exports directly to Middle East countries. Thus, exports are expected to reach a level similar with that in 2015, when they topped RON14 million (EUR3 million).
In 2016, Rodbun group sold some 125,000 tons of grains, of which 60% through brokers and traders, for ex¬port, and the rest locally toward oil processors and mills in the bakery sector.