Overview

Norofert is the leading Romanian producer of organic agricultural products.

Short history

The Norofert company was founded in 2000 as a company specialized in the import and distribution of fertilizers created with the help of advanced technology in Romania. Until 2010, Norofert was the first company to import and distribute organic fertilizers in Romania. After identifying an extremely attractive niche, that of organic farming, in 2015 Norofert started producing its own organic fertilizers and selling them to local farmers. In 2018 Norofert introduced the BioChain product line, which offers farmers a full spectrum of products that help them grow 100% organic, from seeding to harvest. On March 3, 2020, the company’s shares entered trading on the Bucharest Stock Exchange under the symbol “NRF”, Norofert thus becoming a public company.

Business lines

Norofert operates on three main lines of business: research and production of inputs for organic agriculture, organic farming and grain trading.

Research, production and marketing of ecological inputs

The main activity of Norofert is the development and production of its own input recipes for organic and conventional agriculture. Annually, Norofert researchers work on developing and improving the formulations of agricultural inputs and develop new products in collaboration with experts in the field.

In addition to the range of 65 different products, grouped into 3 main lines, the company designs customized crop preparation and optimization schemes that allow the adaptation of organic inputs to the specific needs of the crop depending on the soil, atmospheric conditions and the particularities of each crop.

Norofert technologies aim at sustainable agriculture and pay more attention to soil health. The use of these technologies benefits both the plants and the soil, and a healthy soil means long-term productivity, ecologically cultivated soils containing more humus and having a better structure.

Ecological farming

Another line of business is ecological farming, the company operating a farm in Zimnicea, Teleorman county, of 1000 ha. The farm is used as a platform for best practices for organic farming and as a tool for demonstrating the operational and financial viability of organic farming.

Grain trading

The third line of business of the company is trading with ecological grains. Norofert’s philosophy is to be with the partner farmers throughout the plant cycle, from the provision of ecological inputs, to the monitoring of the crops and to the taking over of the grains at the harvest from the farmers to be exported to the final processors, with whom contracts are concluded preset trading.

PRODUCT PORTFOLIO

Norofert products can be used in organic farming because they contain NON GMO active substances allowed to be used in organic farming, in accordance with Reg. (CE) 1165/2021 Annex II, implementing Reg. (EC) 848/2018. Norofert ecological products are certified by the ecological certification body EcoCert France.

Norofert Organics – inputs for organic farming (large crops)

Norofert markets a complete range of products developed in its own laboratories, which comply with all European standards for organic farming and can cover all the needs of an organic crop, such as seed treatments, foliar fertilizers, fungicides, insecticides, biostimulators and soil fertilizers, as well as limiting uptake of heavy metals in vulnerable plants.

Norofert ORGANICS Horticulture

The Organics Horticulture range of products covers all the needs of farmers active in the field of viticulture and fruit growing. The line takes into account all European norms regarding eco-conditionality and environmental protection, as well as the revolutionary decision prohibiting the use of neonicotinoids in agriculture.

Norofert FITO – hobby gardening line

Starting from 2019, Norofert also addressed the market niche of households concerned with the consumption of organic products from their own production of vegetables and fruits, respectively of people interested in gardening as a hobby (land under 1 ha) – a convenient segment through the terms of much lower payout and more frequent seasonal cycles.

Norofert Ready to USE

In 2021, Norofert developed the Hobby Gardening product line by adding the Ready-to-Use Line, 500 ml bottles with direct spray on the plant, targeting home consumers who own decorative plants, who no longer need additional dilution for application .

Norofert KARISMA – inputs for conventional agriculture (large crops)

In August 2019, Norofert introduced Karisma, a new line of products for conventional agriculture, a line that uses a hybrid technology that combines the organic/ecological part with the chemical one.

Capital Markets

The company listed on the AeRO market of the Bucharest Stock Exchange under the symbol ‘NRF’ on March 3rd, 2020. You can follow the evolution of the company by visiting our issuer profile on the BVB website HERE.