Brief: Firstfarms Buys 400 Hectares Rent Contracts In East Romania

FirstFarms A/S

29/12/2020 12:49

Dec 29 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG-FIRSTFARMS A/S PURCHASES 400 HECTARES RENT CONTRACTS
IN EAST
ROMANIA
    * HAS TODAY ENTERED INTO AN AGREEMENT (SPA) ABOUT PURCHASE
OF RENT
CONTRACTS WITH A DURATION OF UP TO 10 YEARS IN EAST ROMANIA
    * PRICE FOR RENT CONTRACTS IS DKK 2.5 MILLION, AND A
POSITIVE
CONTRIBUTION TO EBIT OF DKK 0.5 MILLION IS EXPECTED WITH FULL
EFFECT FROM 2021.

Source text for Eikon:  ID:nGNE26ZHp0 
Further company coverage:  FFARMS.CO 

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