Romanian livestock farm DN AGRAR tripled its net turnover in 2022
DN AGRAR Group, the largest integrated livestock farm in Romania, leader in cow’s milk production, ended 2022 with an increase of the business of over 221 percent compared to the previous year, up to almost RON 151 million and a net profit of almost RON 14 million (+57 percent compared to 2021). The growing results were supported by the integration of the two farms Lacto Agrar (December 2021) and Apold (April 2022).
Jan Gijsbertus De Boer, Chairman of the Board of Directors, DN AGRAR GROUP SA: “2022 meant the listing on the Bucharest Stock Exchange, on the AeRO market, and the year when we became the largest producer of cow’s milk in Romania, following two acquisitions, registering an increase of over 60 percent in total assets. We focused on strengthening the Group’s activity, making it more efficient and modern. 2022 is the year when we made the greatest progress in terms of positioning ourselves as a market leader, having 11,000 animals and a cultivated area of 7,000 ha at the end of the year. In parallel, we continued the digitization projects, as well as the investments to increase the capacity of the farms, in modernization of the installations and of the equipment specific to the livestock activities, and also in own equipment. The value of investments in 2022 amounted to approximative RON 70 million.”
The daily production of milk in DN AGRAR farms is about 140,000 liters, and the annual one is almost 50 million liters. In 2022, the amount of milk delivered increased by 9.4 percent, compared to 2021.
DN AGRAR Group includes in its portfolio a number of 15 companies, of which 4 farms, whose main activity is both the breeding of dairy cattle (Prodlact farm), the production of cow’s milk (Cut, Lacto Agrar and Apold farms), and also vegetable agricultural production.