Grup Serban Holding, a Romanian entrepreneurial company active in several fields of agriculture, has acquired a new farm in Bacau County, eastern Romania. The farm spans an area of approximately 343,400 square meters, and the transaction amounted to RON 4 million (€800,000).
Following this acquisition, Grup Serban Holding operates roughly 12,500 hectares of arable land, focusing on large crops in a regenerative agriculture system.
Grup Serban Holding is a rapidly expanding group of Romanian-owned companies that began its activity in Onesti in 1994. In 2022, it recorded a consolidated turnover of RON 534.4 million (an 11% increase compared to 2021), EBITDA of RON 67.9 million (+27%), and a net profit of RON 33.8 million (+10% compared to 2021).
[ RON 1 = €0.20 ]
Source: romania-insider.com