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.
Romanian software company Arobs Transilvania Software has signed an agreement to acquire Quest Global Romania, the local unit of global engineering services provider Quest Global Engineering Services.
Russian oil major Lukoil has signed an agreement with US investment firm Carlyle for the sale of Lukoil International.
Enterprises across Europe and the Middle East have moved from AI pilots to scaled implementations, with nearly half of AI proof-of-concepts already in production.
Penny continues its national network expansion with the opening of a new store in Bacău. With this opening, the Penny network reaches 462 units nationwide.
In 2024, the average price of 1 hectare of arable land in the EU reached €15,224, reflecting a 6.1% increase from the previous year.