08.20.2015

Agricover Credit IFN, the lending division of Agricover group, reported a net profit of RON10.22 million in the first six months, up 27% compared with the corresponding period a year earlier, the more

08.14.2015

Agribusiness group Agricover bought and upgraded a slaughter house in the southern county of Dambovita, in a EUR5 million investment, thus entering the pork processing segment. more

04.29.2015

Agribusiness group Agricover reported a turnover of RON1.3 billion (EUR285 million) in 2014, up 18% on the year, the company said in a statement Wednesday. more

04.20.2015

Agricover Credit, the lending division of Agricover group, will borrow RON100 million (over EUR22 million) from EximBank to fund agriculture projects, after signing a EUR10 million seven-year loan more

04.01.2015

Agricover Credit, the lending division of Agricover group, got a loan worth EUR10 million for a 7-year period from International Investment Bank (IIB), that will be lent to farmers for working capital more

02.24.2015

Agricover Credit IFN, the lending division of Agricover group, gave loans amounting to RON837 million (EUR188.5 million) in 2014, up 30% on the year, mainly funding working capital, and posted a net more

12.22.2014

The European Fund for Southeast Europe (EFSE) is extending its partnership with Agricover Credit IFN SA with a loan of EUR7 million the financial institution will use to finance farmers, EFSE and more

11.24.2014

Robert Arsene, one of the best-known executives of the local agribusiness sector, will soon step down as general manager of the Agricover group. more

10.27.2014

Agricover, one of the largest agribusiness groups in Romania, is diversifying its operations by becoming a link between processors and milk, meat, fruit, vegetable farmers and more recently potato more

07.31.2014

Stefan Bucataru, who filled the position of general manager of Transelectrica for ten months, took over the reins of Agricover SRL, the most important company of agribusiness group Agricover. Bucataru more

06.25.2014

Agribusiness group Agricover has entered the market of vegetable procurement from seven basins including Vidra, Izbiceni, Dracea or Lunguletu, and targets revenue of EUR12 million from the more

06.23.2014

Demand for funding from Romanian farmers has gone through the roof, says Robert Rekkers, the general manager of Agricover IFN, the finance unit of the agribusiness group by the same name. more

06.05.2014

Agricover Credit IFN, the financing division of Agricover group, will take out a loan of 30 million lei (EUR6.8 million) from Oikocredit International based in The Netherlands. more

05.27.2014

Romanian agribusiness group posted a turnover of RON1.1 billion (EUR251 million) in 2013, up 19% on the year, the group said Tuesday. more

02.26.2014

Agricover Credit IFN, the financing division of Agricover group, granted loans of RON642 million (EUR145.28 million) last year, up 55% from 2012, and posted a net profit of RON12.07 million (EUR2.73 more

07.30.2013

Romanian Agricover Credit IFN, part of agribusiness group Agricover, said Tuesday it granted loans worth 253.2 million lei (EUR57.6 million) in the first half of 2013, up 87% on the year. more

06.14.2013

Romanian agribusiness group Agricover is looking for potential acquisitions on the meat processing and bakery market. more

06.13.2013

Romanian agribusiness group Agricover on Thursday signed an agreement with the Black Sea Trade and Development Bank (BSTDB) for a EUR15 million loan. more

06.10.2013

Romanian agribusiness group Agricover borrowed EUR15 million from Black Sea Trade and Development Bank to support its lending arm Agricover Credit IFN and expand its business. more

04.23.2013

Romanian state-run lender EximBank and local agribusiness group Agricover have concluded a financing agreement whereby the bank will grant a loan worth 70 million lei (over EUR15.5 million) to more

04.15.2013

Romanian Agricover Credit IFN, part of agribusiness group Agricover, registered profit of 11.2 million lei (EUR2.5 million) in 2012, up 46% on the year, thanks to an increase in the number of clients. more

04.02.2013

Romanian agribusiness group Agricover posted a turnover of 970 million lei (EUR219 million) last year, up 5% on the year, but its EBITDA (earnings before interest, tax, depreciation, and amortization) more

08.08.2012

Agricover, the fourth largest player on the grain trade market, with turnover of EUR217 million last year, bought silos of 33,000 tons and 16,000 tons respectively in Bihor county for EUR1.6 million, more

05.30.2012

Romanian agribusiness group Agricover on Wednesday said it has appointed Robert Rekkers, the former chief executive of lender Banca Transilvania, in its Board of Directors, where he holds a more

04.26.2012

Agricover, one of the top five grain traders on the domestic market, bought 24% in Danube Grain Services from two individual shareholders. The other owner of the company is Austria’s Voestalpine more