Deal #7687

Bulgaria

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Created at

2020-02-02

Last update

2024-12-23

Last full update

2024-12-23

Land area

Size under contract (leased or purchased area)

[2005, current] 1840.7 ha

Comment on land area

The land bank of the operating company is the total amount of land acquired in 2005. Many deals formed only by the reported info. No information on separate deals is available. Generally, as of 2024, the company owns 18153 ha of agricultural land and it is the largest public company owner of farmland in the country.

Intention of investment

[current] Land speculation, Other

Comment on intention of investment

As of 2024, the company leased 15251 ha to 369 farmers. As of 2024, total acquired farmland since foundation 53 620 ha versus 35 500 ha total sold.

Nature of the deal

Outright purchase

Negotiation status

[2005, current] Concluded (Contract signed)

Leasing fees

Comment on leasing fee

As of the end of 2005, average monthly price was 166 BGN/da.