American giant Cargill has purchased a grain silo in Drobeta Turnu Severin of 44,000 tons to expand its network of grain storage facilities in Romania.
Cargill will use silo for storing grain produced by farmers from Mehedinti, Dolj, Timis and Caras-Severin. Thus, the operational capacity of Cargill’s silos in Romania will increase by 8 percent and wil facilitate the access of grains from the West of the country towards new markets, because the Drobeta silo is positioned close to the Danube.
The acquisition will allow Cargill to provide farmers access to new markets and thus encourage local farmers to obtain higher production.
Over the next few months, Cargill will make significant investments in Drobeta Turnu Severin silo, according to company officials. The silo will be fully operational by September this year and will lead to permanent employment for up to 20 people. Currently, Cargill has approximately 750 employees in the country.