The largest company is Agro Chirnogi, owned by Lebanese Maria Group. It registered RON1.2 billion turnover in 2023, down 23% from 2022, and its profit was almost 12 times lower than in the previous year.

“2023 was unfortunately, full of challenges for Moldova Farming, with fewer opportunities,” says Catalin Grigoriu, founder of Moldova Farming.

In 2023, the company posted RON433 million turnover, slightly up from the previous year, but its RON22 million profit was 20% lower than in 2022.

The largest farm by the area cultivated with grain is Agricost, owned by Al Dahra. By 2023 turnover, it ranks third. The RON616 million revenues of 2023 are almost 30% lower than the 2022 level.

(English version by Catalina Apostoiu)