Romanian agricultural company Agricover Experiences a 55% Increase in Net Profit within the First Half of the Year, Attributed to Enhanced Lending Activities and Input Sales
Agricover Holding Reports Steady Growth and Strong Profits in Romanian Agriculture
Agricover Holding, a leading player in Romania's agricultural sector, has announced impressive growth and profitability for the first half of 2025. The company holds a 7.8% share of the country's agricultural financing market, a testament to its significant role in the industry.
Despite challenging conditions, such as climate volatility, liquidity constraints, and technological adaptation pressures, Agricover has managed to maintain steady growth and strengthen its position as a key financier of Romanian agriculture.
The company's integrated model, which combines financing with input supply, has been instrumental in helping Agricover gain market share, even amidst subdued farmer incomes and low crop prices.
Liviu Dobre, CEO of Agricover Holding, expressed satisfaction with the company's performance, stating that they were able to grow their credit portfolio and bring the input distribution unit back to profitability, even in a year with good harvests but low revenues and tight liquidity.
The input distribution unit of Agricover posted revenues of RON 850 million, up 5.1% year-on-year. The operating profit of this segment was RON 16.8 million, compared with a RON 4.3 million loss a year earlier. Growth was strongest in crop nutrition products (+21.7%), followed by crop protection chemicals (+12.6%).
Agricover's success can also be attributed to higher lending volumes and a return to profitability in the farm input distribution segment. This resulted in a 55% increase in net profit for the first half of 2025, amounting to RON 62.7 million (EUR 12.6 million).
Pre-tax profit from lending at Agricover rose by 2.2% to RON 61.5 million. Non-performing loans stood at 3.2%, below the sector average. The consolidated revenues of Agricover Holding rose by 5.1% year-on-year for the first six months of 2025.
In addition to Agricover, ProCredit Bank has been notably active in Romania, focusing on financing small and medium-sized enterprises (SMEs), including sectors related to agriculture, with a digital and modern banking approach. While specific details on Agricover's market share or activities in 2025 are not directly found in the results, it is clear that both institutions play significant roles in the Romanian agricultural finance market, supporting agribusiness development.
As Agricover continues to navigate the challenges in the agricultural sector, it remains committed to maintaining steady growth and strengthening its role as a key financier of Romanian agriculture.
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