Romanian Agricover Credit records EUR 4 mln net profit
Agricover Credit IFN, a company specialized in agricultural financing, granted EUR 213 million loans last year, up by 14% compared to 2014. The firm increased the number clients by 10% in 2015, reaching 1,700. The company recorded a net…
Romania Insider · Journalist
· Updated · 1 min read
Agricover Credit IFN, a company specialized in agricultural financing, granted EUR 213 million loans last year, up by 14% compared to 2014. The firm increased the number clients by 10% in 2015, reaching 1,700. The company recorded a net profit of over EUR 3.8 million, up by 5% compared to 2014, said Robert Rekkers, Agricover Credit IFN general director. The agriculture companies recorded a bad year in 2015 due to the 30% drop in the grain and oilseed outputs. Agricover Credit IFN plans to open four new branches this year. editor@romania-insider.com
