Romanian agribusiness compant Norofert has signed an agreement to acquire a 60% stake in Expert Agribusiness, a local seed producer with indigenous genetics based in Fundulea, Călărași County.
Romanian agricultural solutions company Norofert has signed a commercial contract worth RON 2.1 million (€420,000) with a seed producer and multiplier in Wisconsin, US.
Norofert, the Romanian producer of organic agricultural inputs and biotechnology provider, has started a share capital increase to raise up to RON 9 million (€1.8 million) following approval from the Financial Supervisory Authority.
Romanian agricultural biotechnology company Norofert has officially launched its new fertilizer production line in Chapecó, Brazil.
Following the offer, Norofert issued 69,503 unsecured and non-convertible bonds having a nominal value of RON 100.
This growth was driven by the production and commercialization of agricultural inputs, including results from the USA operations.
The offering will include up to 150,000 nominative, dematerialized, unsecured, and non-convertible bonds, with a nominal value of RON 100 per bond.
Norofert has partnered with Engenutri Group, a top player in agribusiness, with over 25 years of experience in providing innovative solutions for nutrition and plant protection.
The collaboration with IFC supports Norofert in conducting comparative research to evaluate the impact of microbial inputs in soil on carbon emissions and CO2 sequestration.
Norofert announces the start of a production line for inputs and an investment of €250,000 in one of the most important agricultural area in the USA
Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.
PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.
Siemens is set to bolster its presence in Romania with the development of a fully digitalised, carbon-neutral production facility in Sibiu.
Premier Energy has begun construction of its 200 MW/400 MWh Battery Energy Storage System (BESS) project near Iași, Romania. The total development and construction cost is estimated at €75 million.
Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.