Economy | 18 November, 2024 at 1:31 PM
Biofarm posts 9% EBITDA growth in first 9 months of 2024
Turnover was approximately RON 231 million in the first nine months of the year.
Turnover was approximately RON 231 million in the first nine months of the year.
This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint.
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
The Agreement's key priority is the expansion of the existing exploration and production cooperation and the application of MOL technology in Kazakhstan.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
The project covers an area of 8,500 m2 of land and has approximately 47,000 m2 built, including the underground, and each of the three buildings has a height of S+P+10E+Duplex.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.