Agricola Bacau has invested EUR 5 mln for production expansion at its plant

Newsroom 23/09/2016 | 12:05

Salbac company, part of the Agricola Bacau group, will expand its production capacity for crude-dry salami with almost 1,000 tonnes until 2020, after launching  a new production unit on Thursday, following an investments of EUR 5 million. Half of the investment comes from own equity and half from Banca Transilvania loan, according to the company’s representatives.

„As a general rule, when you start an investment, you make a feasibility study, you calculate the indicators, you see which is the necessary budget, but in our case it was different: the market asked it. The demand was higher than the factory’s production capacity and then we decided to make tis expansion. The Agricola group invests around EUR 5 million annually in the expansion of our companies, ” said Gri­gore Horoi, pre­sident of Agricola Bacau.

He added that in this industry it’s essential to increase the volumes to keep up with the costs, taking into account that the profit margin on product unit is small.

Georgiana Bendre

BR Magazine | Latest Issue

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

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Newsroom | 19/12/2022 | 18:45

    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
    I agree with the storage and handling of my data by
    Advertisement Advertisement
    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