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Agroland takes over the activity of Avicola Bucharest farms, Mihailesti branch, and enters the consumer eggs market

Agroland takes over the activity of Avicola Bucharest farms, Mihailesti branch, and enters the consumer eggs market

By taking over the assets of the Mihailesti platform, Agroland also enters the consumer eggs market, valued at about 170 million euros, in 2019

  • Agroland wants to be able to produce locally most of the day-old chicks that it imports for sale in its network of stores.
  • By taking over the assets of the Mihailesti platform, Agroland also enters the consumer eggs market, valued at about 170 million euros, in 2019
  • The Mihailesti poultry platform has an area of ​​30 hectares and includes several farms, where poultry are raised for meat, eggs and breeding.
  • The takeover of the farms in Mihailesti is part of the accelerated development strategy of the company, which includes the expansion of the store network, a new format, the increase of the range of products sold and the listing on the Bucharest Stock Exchange
For more information, please see the Romanian version of the article, here.

Authors

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AGROLAND BUSINESS SYSTEM SA