Timisoara Farm
“Timisoara Farm” is a 6,551 hectares farm situated in the western part of Romania, near Timisoara.
Owned: 1,811 ha
Leasehold: 4,740 ha
Acquisition date: 2020
Investment Rationale
-
Good compaction level of land that ensures efficiency in operations.
-
Possibility to grow operations by acquiring leasehold and freehold land in the area.
-
Existing irrigation network for growing high-value crops such as sugar-beet (approx. 600 hectares) to ensure steady returns in years of low rainfall.
-
Suitable for blueberry cultivation in terms of climate, soil conditions and land compaction.
KC Agro Impact
-
Improve existing machinery park and build a modern silo facility.
-
Acquire an irrigation system on up to 1,100 hectares in order to cultivate sugarbeet and other high-value crops.
-
Develop a 100 hectares blueberry plantation within the first 3 years with a storage and cooling facility.
-
Convert an additional 500 hectares to intensive farming activities.