Agricola Bacau’s sales up 8 pct in 2012

Newsroom 24/01/2013 | 14:11

Romanian meat producer Agricola Bacau saw the group’s total sales amount to RON 592.5 million (approximately EUR 133 million) in 2012, up 8 percent y-o-y.

Agricola International, the group’s main company registered a turnover of RON 354.31 million (approximately EUR 80 million). “Compared to 2011, the turnover of Agricola International was up by 7 percent but the net margin, although positive, was very low. The economic performance of all companies from the zootechnics industry was significantly influenced by massive price increases for basic inputs,” said Grigore Horoi, Agricola Bacau’s president.

The meat producer estimates its market amounted to 16 percent last year and plans to increase it by a percentage point in 2013.

Poultry sales were up 7 percent (volume) last year compared to 2011 while the overall turnover increased by 20 percent mainly due to a new product mix and less because of price increases, said the company.

For meat cooked and smoked products Salbac, part of Agricola Bacau, saw sales increase by 2 percent (19 percent in value) while egg sales were up 14 percent.

Simona Bazavan

 

BR Magazine | Latest Issue

Download PDF or read online: July August 2022 Issue | Business Review Magazine

The June 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Companies Embracing Sustainability For A Better Future” Read it online
Newsroom | 02/08/2022 | 10:15

You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

I agree with the Privacy policy of business-review.eu
I agree with the storage and handling of my data by business-review.eu

Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue