Over the long term, the company plans to resume its expansion and development strategies, with the goal of expanding its operational area from 16,300 hectares to 36,000 hectares.
Considering the difficult context, Holde Agri Invest's medium-term priority is to stabilize its financial situation and consolidate the business.
As for the 2023-2024 autumn cropping season, it produced total harvests of 43,621 tons, up 8% compared to the previous crop year, of which 2,300 tons were organic crops.
Holde Agri Invest SA, one of the largest farmland operators in Romania, posts 56,500 tons of production in 2023, up 31% compared to 2022.
The World Bank projects that economic growth in the Europe and Central Asia region will decelerate in the coming years, while Romania will stay on a growth path.
Wolt, the Helsinki-based technology company, is set to officially launch operations on the Romanian market this May.
TeraPlast has announced the completion of its acquisition of a 51% stake in Aquatica Experience Group (AEG) in a deal worth €2 million.
Tchibo Brands Romania is moving its headquarters to Vastint's Business Garden Bucharest, occupying 1,130 sqm on the 4th floor of Building A.
DVI Production, the owner of the Fortem brand, a manufacturer of linear masonry elements, is opening a new factory in Iernut, Mureș County, which will have the largest production capacity in Europe.