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Agricover posts mixed results amid challenging context for local agriculture sector

August 28, 2024

Agricover, one of Romania's leading agricultural groups, has reported higher financial results for its Agrifinance arm but lower revenues for the Agribusiness division in the first half of 2024 amid mixed market conditions. 

Agricover Finance IFN reported substantial growth, with loans and advances granted to local farmers reaching RON 3.36 billion (EUR 676 mln), reflecting a 15.7% increase compared to December 2023. This expansion was accompanied by a 6.2% rise in the number of clients...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/agricover-mixed-results-h1-2024
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