Copyright thediplomat
Agroland Group reported sales of 299 million lei, up 13 percent in the first nine months of 2025. Net profit increased by 65 percent, reaching 9.5 million lei. The performance was supported by the growth in feed production at the Ișalnița and Caransebeș factories (+68 percent), consumption egg sales (+55 percent, to 44 million lei), and the expansion of pet food production in Bixad, where revenues increased by 36 percent, to 85.2 million lei. Meanwhile, operating expenses reached 278.8 million lei in the first nine months of 2025, up 11 percent compared to 2024, rising at a slower pace than revenues. Merchandise costs increased by 4 percent, to 143.6 million lei, while spending on raw materials and supplies grew by 9 percent, to 43.9 million lei, driven by production expansion in factories and at the Mihăilești platform. Based on this performance, the Group is setting ambitious goals for 2030, aiming to reach sales of 200 million euros and strengthen its position as one of the leading players in Romanian agribusiness, through vertical integration, digitalization, and sustainability. “Results in the first nine months of the year confirm the strength of our business model and the efficiency of the diversification strategy we have pursued in recent years. The 65 percent increase in net profit and the remarkable performance of our divisions — from feed and consumption eggs to pet food and retail — show that the investments we have made in production capacity and network expansion are delivering concrete results. We are proud of the Agroland team, which has contributed to this evolution, and we remain committed to continuing growth and strengthening the Group’s position as a leader of Romanian agribusiness,” stated Horia Cardoș, Founder and CEO of Agroland Group. The Agroland Vision 2030 strategy is structured in two phases: accelerated expansion (2026–2028) and consolidation and integration (2029–2030). In the first phase, the company will invest over 150 million lei to expand production capacities, develop the retail network, and double agribusiness volumes. The Food Division becomes the main growth engine: expanding the Mihăilești farm to 900,000 cage-free laying hens by 2027, developing the Curtisoara organic farm to 30,000 hens, and opening the liquid egg factory in Caransebeș in 2026, with a capacity of 10 tons per day. In partnership with the Japanese company Kohshin, the largest poultry manure treatment unit in Romania — 15,000 tons per year — is being built in Mihăilești. By 2028, the Food Division will exceed 250 million lei in revenue and reach a 20 percent EBITDA margin. The Retail Division will expand by 15–20 stores per year, to more than 300 by 2028, strengthening its unique Pet & Garden format focused on sustainable products. Investments will reach 8–10 million lei, with estimated revenues of 400 million lei and a 10 percent EBITDA margin. At the same time, the Agribusiness Division will double production of conventional feed (at Ișalnița and Șimian, Mehedinți) and organic feed (at Caransebeș), targeting 70,000 tons per year, and will expand pet food production to 15,000 tons per year, while also launching its own line of crop protection products in Șimian. With investments of 10 million lei, the division aims for 250 million lei in revenue and 7 percent EBITDA. Investments will be financed through a balanced mix: bank loans (including the 20-million-euro project financed by Raiffeisen Bank and guaranteed by the EIB), EU grants, own resources, and capital increases made only at fair valuations. By 2028, the Group estimates consolidated revenues of 750 million lei and a 12 percent EBITDA margin. The second phase, 2029–2030, will focus on consolidation, integration, and international expansion. The Food Division will reach 350 million lei in revenue, with an 18 percent EBITDA margin, through ready-to-eat products and expanded exports. Retail will exceed 500 million lei, entering two foreign markets, while Agribusiness will reach 75,000 tons per year and 350 million lei in revenue. These steps will be supported by infrastructure modernization, full digitalization (ERP, CRM, business intelligence, e-commerce), and investment in green energy (1.2 MW photovoltaic panels in Mihăilești, 250 kW in Șimian, and 400 kW in Ișalnița).
