Agrana intends to expand its operations in Romania

The Austrian-based sugar producer company, which operates in Romania through its subsidiary, Agrana Romania, announces that has reached an agreement with Lemarco, a domestic sugar producer, for acquiring the latter’s plants in Urziceni and Liesti, Ialomita and Galati County, respectively. The agreement is, though, subject to approval of the competent anti-trust authorities.

‘AGRANA's intention here is not only to increase its sugar beet production but also its sugar refining activities and, therefore, to consolidate its presence in the South-East European market’, Agrana’s CEO, Johann Marihart, explains.

Currently, the Austrian company runs two sugar refineries in Romania, in Buzau and Roman, Moldavia region, marketing sugar products under Margaritar Zahar and Coronita brands.

Agrana is a leading sugar company in Central and Eastern Europe, a supplier of specialized starch-based products and also, a major producer of bioethanol. At the same time, Agrana is the top global producer of fruit preparations for the diary industry, as well as one of the leading producers of fruits juice concentrates in Europe, its annual revenue amounting to some 3 billion euro.