Romania’s organic agricultural company Norofert enters Brazil
Norofert, a leading producer of organic agricultural inputs and biotechnology provider for agriculture in Romania, listed on the Bucharest Stock Exchange, announced that it entered the Brazilian market. The Romanian company partnered with…
Irina Marica · Journalist
· Updated · 2 min read
Norofert, a leading producer of organic agricultural inputs and biotechnology provider for agriculture in Romania, listed on the Bucharest Stock Exchange, announced that it entered the Brazilian market. The Romanian company partnered with Engenutri Group, a top player in agribusiness, to build a factory and distribute products in Brazil.
The assembly of the new production line in Brazil will begin in November 2024, replicating the successful technical model implemented in South Dakota, the US. The total investment for this project amounts to roughly EUR 500,000, made in 2 years and financed by both partners.
