Romanian entrepreneurial group Agroland Group, active in retail, agribusiness, food production, and animal nutrition, reported consolidated revenue of RON 96.5 million in the first quarter of 2026, up 8 percent compared to the same period last year. Operating profit rose 15 percent to RON 7.7 million, while net profit increased 8 percent to RON 3.3 million.
The company said the results were achieved despite a difficult economic environment marked by one of the sharpest contractions in private consumption and non-food retail outside the pandemic period.
According to founder and CEO Horia Cardoș, the group’s integrated business model is becoming increasingly efficient, with growth driven by stronger production activities and better integration across its Retail, Food, and Agribusiness divisions.
The Food division was the main growth engine in Q1 2026, generating revenue of RON 28.8 million, up 74 percent year-on-year. Egg sales exceeded 29.1 million units, a 40 percent increase versus Q1 2025, supported by investments in the Mihăilești poultry platform and higher egg prices.
Agroland recently received approval from Romania’s Foreign Direct Investment Examination Commission (CEISD) to develop a new poultry platform in Mihăilești. The EUR 20 million investment will add capacity for approximately 600,000 laying hens and annual production of around 170 million eggs. The project will be financed through 25 percent own funds and 75 percent investment credit guaranteed by the European Investment Bank. Infrastructure completion is expected by the end of 2027, with full production capacity targeted for 2028.
The Retail division continued to outperform the broader market despite challenging conditions. As of March 31, 2026, Agroland operated 257 stores, including 40 MEGA-format units. MEGA stores posted a 16 percent increase in sales and a 14 percent rise in customer numbers, while the comparable traditional network recorded an 8 percent decline, reflecting broader weakness in non-food retail.
In the Agribusiness division, the company’s feed factories in Ișalnița and Caransebeș produced 7,632 tons of feed in Q1 2026, up 6 percent year-on-year. Agroland also highlighted operational improvements at its seed processing station in Mehedinți County, including better cost control, traceability, and efficiency.