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agricover.ro/finantare

Founded Year

2000

Stage

Loan - III | Alive

Total Raised

$45.77M

Last Raised

$12M | 4 yrs ago

About Agricover Credit IFN

Agricover Credit IFN, part of Romania's Agricover group, is a financial institution in Romania aimed exclusively at agriculture financing for agribusiness SMEs.

Agricover Credit IFN Headquarter Location

Bulevardul Pipera 1B Cubic Center Etaj 6

Voluntari,

Romania

+40 021 336 4645

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Latest Agricover Credit IFN News

EBRD and EIB make EUR 12.5 mln of new funds available to Romanian farmers

Jul 3, 2020

Regional Today  Friday, July 3, 2020, 15:30 The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are providing new financing worth a total EUR 12.5 million (USD 14 million) to Romania’s Agricover Credit IFN. The EBRD, a shareholder in Agricover Credit IFN’s mother company Agricover Holding, is providing a new EUR 5 million facility, increasing its financing to the company to EUR 20 million, the EBRD said in a press release on Wednesday. Agricover Credit IFN finances the agricultural sector and works with more than 15% of all professional farmers in Romania. It is a subsidiary of Agricover Holding, which offers agribusiness and financial services to farmers through a highly integrated business model centered around satisfying the essential needs of farmers. The EIB is extending a first tranche of EUR 7.5 million from a total approved loan amount of EUR 15 million. These funds are being made available to Agricover Credit IFN in addition to EUR 20 million already provided earlier. With three decades of experience, Garmin is a trusted and stable player in the land, air, and boat navigation devices, as well as GPS-based sports watches. In the last 10 years, the watch category has become an increasingly important segment of the wide product range, with a wide range of sports watches of all skill levels, but Garmin has not stopped developing the service side of the devices with the market needs in mind. Fri, July 3, 2020, 10:30  Thu, July 2, 2020, 08:30  Wed, July 1, 2020, 14:30

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  • When was Agricover Credit IFN founded?

    Agricover Credit IFN was founded in 2000.

  • Where is Agricover Credit IFN's headquarters?

    Agricover Credit IFN's headquarters is located at Bulevardul Pipera 1B, Voluntari.

  • What is Agricover Credit IFN's latest funding round?

    Agricover Credit IFN's latest funding round is Loan - III.

  • How much did Agricover Credit IFN raise?

    Agricover Credit IFN raised a total of $45.77M.

  • Who are the investors of Agricover Credit IFN?

    Investors of Agricover Credit IFN include European Bank for Reconstruction and Development (EBRD) and International Finance Corporation.

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