Deal #7695
Bulgaria
Created at
2020-02-02
Last update
2024-12-29
Last full update
2024-12-29
Land area
Size under contract (leased or purchased area)
- [2018, current] 901.1 ha
Comment on land area
The land bank of the operating company is the total amount of land acquired in 2018.
Many deals formed only by the reported info. No information on separate deals is available.
Generally, as of 30.11.2024, the company owns 18196 ha of agricultural land and it is the largest public company owner of farmland in the country.
Intention of investment
Intention of investment
- [current] Land speculation, Other
Comment on intention of investment
As of 2020, number of farmers secured with land for cultivation - 441.
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
Nature of the deal
Outright purchase, Lease
Comment on nature of the deal
Leased agricultural land:
2017-2018 - 19 873
2015- 2016 - 21 034 ha
2013-2014 - 15 606 ha
2012-2013 - 18 794 ha
Negotiation status
Negotiation status
- [2018, current] Concluded (Contract signed)
Implementation status
Implementation status
- [2018, current] In operation (production)
Comment on implementation status
Sale of agricultural land:
2015 - 721.2 ha
2014 - 2206.8 ha
2013 - 4606.9 ha
2012 - 7929.6 ha
Purchase price
Comment on purchase price
Over the whole 2018 were bought 984.7 ha farmlands in total at average price 5 102 EUR/ha.
(According to Data source #15)