The Agroland entrepreneurial group, present on the retail, agribusiness, food production and animal nutrition market, intends to contract a EUR 15 million term loan facility through Raiffeisen Bank through the EIB Recovery and Resilience Plan for Romania.
The loan is intended for an investment in the Group’s Food division and will be directed towards the construction and equipment of 12 grouped halls with a total capacity of 600,000 chickens, on a platform adjacent to the existing poultry platform in Mihăilești. The total investment in this project will be EUR 20 million, the difference being covered by own funds.
In this context, the Board of Directors of Agroland Business System SA convenes the Extraordinary General Meeting of Shareholders for 29.09.2025, with the agenda of approving the contracting of the credit facility and the establishment of the related guarantees.
“This strategic investment will mark a key moment in the execution of our long-term growth plan and in consolidating the Agroland Group’s leading position on the Romanian agri-food market. Our strategy focuses on developing a sustainable food ecosystem through targeted investments that stimulate local production, including by expanding our own organic egg production capacities. Obtaining this financing through the EIB Recovery and Resilience Plan program, with the guarantee of the European Investment Bank, is a signal of confidence, this time from European financial institutions, for the direction we have chosen. For us, this means that we are on the right track and that our long-term development plans are realistic and well-founded,” said Horia Cardoș, founder and CEO of Agroland Group.
At the beginning of August, the company also announced the acquisition of land worth 785,000 euros located in the vicinity of the Mihăilești poultry platform for the construction of these halls.
Agroland is a Romanian entrepreneurial group present on the retail, agribusiness, food production and animal nutrition market, founded by Horia Cardoș, which began its activity in 1997 as a small chain of stores for farmers.