ROMANIA: Agricola reported a 6% rise in turnover in 2015 | Progresiv

Agricola Bacau group reported for 2015 a turnover of 655.6 million lei, up by 6% compared to the previous year, under a slight decrease in the average price for poultry in 2015.

Agricola International, the main company of the group, reported a turnover of about 366 million lei in 2015.

In 2015 Agricola exported 13% of poultry meat obtained from its own farms, mainly in the European Union: Great Britain, France, Austria, Germany, Italy, Malta, as wll as outside the EU, in Macedonia and Kosovo.

The accelerated growth pace is mainly due to increased sales of the main product categories of the Agricola group of companies: poultry, raw-dried salami, cooked meats and ready-meals.

"The results are in line with our growth and differentiation strategy. For example, in 2008 we produced 16,000 tons of meat, last year we reached a total volume of 38,000 tons and we have plans for this year to exceed the threshold of 40,000 tons. Another notable result is that in 2015 we doubled production of Puiul Fericit (Happy Chicken)", said Grigore Horoi, president of Agricola.

For 2016, Agricola aims to develop the two reference products of the company: Sibiu salami and Puiul Fericit and achieve a growth rate of at least 5% compared to 2015, added the group's president.