“Our plan, which we are discussing with our banking partners, is to build the biggest logistics center for inputs in Romania, with 10 multifunctional regional centers in ten regions of the country. It is a very ambitious project that will allow us to shorten delivery times,” said Alexandru Iancu, chairman of the board of RodBun Grup.
The RodBun group held by entrepreneurs Daniel Munteanu and Alexandru Iancu ended 2017 with 350 million lei (almost EUR77 million) revenue, an increase of 35% on the previous year.
RodBun invested almost EUR2 million in its own farms in the first few months of 2018 and plans to boost storage capacity in silos by another 40,000 tons by this summer, which will require a EUR5 million investment.
It also added a new line of business, distribution of imported agricultural machinery. Its main rivals include Agricover (Jabar Kanani) and Brise Group (Marius Bucur).
(English version by Loredana Fratila-Cristescu)