ROCA Agri RDF estimates revenues of 132 million Euro in 2022
RDF Agriculture Holding, known under the brand ROCA Agri RDF, which owns the companies RDF Agricultura and Adidana Agricultura, estimates consolidated revenues of 132 million Euro this year.
The company is in the process of finalizing a new transaction – the acquisition of 100 percent of the shares of Dachim, a player in the segment of grain production and distribution of agricultural raw materials.
In 2021, RDF completed an investment of 3 million euros for expanding the storage capacity and activity development and at the end of Q3 2022 the company exceeded 100 million euros turnover. The company has tripled its exploited agricultural area in the last 3 years, reaching 2,000 ha at the end of 2021, compared to 600 ha in 2019, and following the transaction with Dachim, it will end up exploiting an area of 4,000 ha.
“The extraordinary potential of the agricultural sector, as well as of the Romanian entrepreneurial businesses, are underlined by such performances and prestigious recognition mechanisms, which bring added value to the entire economy of Romania. In the future, we aim to reorganize the portfolio companies, create strategic logistics centers, but also develop new financing mechanisms for the local agriculture,” says Florin Deznan, CEO of ROCA Agri RDF.
RDF, established in 1995, is one of the main regional players on the input distribution market (chemical fertilizers, seeds and plant protection products) and grain trade. RDF operates 2 bases for storage in property, with a total storage capacity of 45,000 tons and a technological flow that allows taking over 100 t/hour of agricultural products and storing them.
ROCA Agri RDF Holding was launched in July 2022 and aims to become on the main market of the stock exchange, as a medium-term objective.