Agricola International business up 0,5%

At a group level – cumulated with operations of Avicola Lumina Constanţa, Salbac Dry Salami, Europrod, and Conagra agricultural and food companies – turnover amounted to €41.8 million, some 30 percent higher compared to Q1 of 2008.

“The growth is the direct result of both a larger quantity of poultry sold and the change of production structure focusing on the refrigerated product segment. One of Agricola Bacau’s goals is to reach a 70 percent ratio of refrigerated meat in total poultry sales by the end of the year,” according to the group’s President, Grigore Horoi.

The local poultry market, including processed meat, amounted to some €700-800 million last year, 20-25 percent higher on 2007, with Transavia, Agricola Bacău, Agrisol, and Agroli as main players.