Roca Agri RDF, the agricultural holding of Roca Investments finalizes the acquisition of Dachim and Supliment, authorized transaction by the Competition Council. The agricultural surface exploited by Roca Agri RDF gathers 4,000 ha, and the consolidated turnover at the level of the holding gets to 150 million euro, with a level of EBITDA of 7.5 million euro. With a developing portfolio, Roca Agri RDF consolidates its position of major player, at national level, in a strategic sector of the economy. The group includes RDF, RDF Agriculture and Adidana, plus Dachim and Supliment. Florin Deznan, CEO Roca Agri RDF will coordinate the executive activity of the company, and Ferenc Korponay, manager Vetimex Capital will become member in the Board of the group. From this strategic position, Ferenc Korponay will contribute to the materialization of the vision of the holding and its development. Through this transaction, Roca Agri RDF consolidates its position in the centre of the country, through the extension of the areal of the grains trading and distribution of inputs directly from the warehouses in Turda. In addition to the extrusion factory in Arad, through the acquisition of Dachim, a cold pressed oil factory (Elixir brand) is also included in the holding’s portfolio. Set up in 1999, Dachim is an important distributor of input for agriculture, as well as an important grains producer. The company has its headquarters in Turda, Cluj county where they have a modern base of collection and storage of grains, with capacity of 17,000 tons, out of which 5,000 tons are new silos, finalized in 2021 but oil presses as well, destined for their own brand. Dachim has in exploitation approximately 1,750 ha of agricultural land. The Supliment company has as main activity the exploitation of agricultural land, operating almost 150 ha. Roca Investments is a private equity company, part of Impetum Group which has the mission to develop an entrepreneurial culture based on partnership, to amplify the potential and accelerate the growth of Romanian companies and brands. In 2021 it got to evaluation of 247.5 million lei ( over 50 million euro) from 102 million lei in 2018, more than the double. The Roca portfolio includes two holdings ( Roca Industry and Roca Agri RDF) but investments in other companies from different sectors of the economy.
TikTok has launched an Election Center dedicated to Romania's upcoming elections as part of its broader effort to protect "the integrity of the platform" and promote access to reliable information. The initiative is supported by a new media literacy campaign and ongoing collaboration with more than 20 fact-checking partners, the company said in a statement. […]
Romanian acting president Ilie Bolojan met on Friday, April 25, with a delegation from the Office for Democratic Institutions and Human Rights, or ODIHR, of the Organization for Security and Cooperation in Europe (OSCE), according to a statement from the presidential administration. The acting president told the delegation that Romania "is faithful to democratic principles […]
Shareholders of Romanian oil company OMV Petrom recently approved the distribution of record dividends amounting to RON 2.8 billion (EUR 562.6 million) for the 2024 financial year, as well as the 2025 budget, which provides for investments of RON 8.1 billion (EUR 1.6 billion). The decision was taken during the Ordinary and Extraordinary General Meetings […]
The 2025 edition of the European Film Festival (FFE), which takes place this year in Bucharest and nine other cities, will screen more than 40 feature films, 28 of which are national premieres. The festival will also present two selections of short films, also screened as national premieres. Among them are 11 documentaries, 13 films […]
Update: The Romanian Ministry of Foreign Affairs said in an official press release that the Romanian citizen was initially detained in the Abkhazia region four months ago and was later transferred to Sochi, Russia. "Steps have already been taken to provide consular protection and assistance with the central and local authorities, in accordance with international regulations," […]
Russia’s Federal Security Service, FSB, said on Friday, April 25, that it arrested a 23-year-old Romanian citizen on suspicion of spying for Ukraine by sharing the locations of Russian air defense systems. The unnamed man is accused of collecting and transmitting information about air defense sites in the Black Sea resort city of Sochi to […]
