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PRO GRUPP INVEST OÜ

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PRO GRUPP INVEST OÜ current status

This company's branding has already reached 6,304 peopleand his is followed by 19 Storybook users.On average, the company has been rated 4.2 points.and commented 200 times.

's activity report 2022

Pro Grupp Invest OÜ's sales revenue for the reporting year was 35.28 million euros (24.94 million euros in 2021).

The majority of the turnover was made up of animal feed sales. The company's net profit for the financial year was 1.5 million euros (1.11 million euros in 2021). Demand for Pro Grupp Invest OÜ's feeds is even higher. 2022.

In the year - approximately 90,000 tons of animal feed were produced. In the following financial year, we hope to produce over 100,000 tons of various animal feeds. In 2022, there was continued high volatility in grain prices on the world market, which may be associated with Russia's war against Ukraine. Both milk and pork prices rose.

In 2022, Pro Grupp Invest invested in a fully automatic small packaging line, which started operation in 2023.

At the beginning of the year. With this investment, they expanded their sales in the hobby and small producer segment and aim to increase sales revenue and recognition. A new warehouse was introduced for feed components and finished feeds, which improved storage and loading capabilities. Two Scania trucks were purchased with special feed transport trailers.

Over the past two years, Pro Grupp Invest OÜ's fleet has been renewed and the goal is to deliver all production to customers on time with their own fleet. A new Weidemann wheel loader and pallet stacking loader have been ordered for 2023, which have already been purchased at the time of reporting.

In 2022, there was also a noticeable increase in energy prices - both electricity and liquid fuel prices rose, which increased the company's costs. By the beginning of 2023, these price increases had stabilized and returned to pre-war levels. In 2022, the company's website was also updated and an online store was created for small packages. The feared major war impact risks for the entire sector did not materialize - i.e.

there were no supply difficulties with components and there were no obstacles in feed production.

PRO Grupp Invest OÜ forms a consolidation group together with its subsidiaries PG Oil OÜ and PG Energia

OÜ. In 2022, the share capital of the subsidiaries was increased, which covered the own contribution in the investments made.

The balance sheet total of the consolidation group increased to 27.5 million EUR, 3 employees were added.

The rapidly growing EURIBOR turned out to be unpleasant, which will increase the loan costs of the consolidation group in 2023.

The company has fixed interest rate working capital loans. Investment loans and capital lease agreements are linked to Euribor.

In 2022, the subsidiaries of Pro Grupp Invest OÜ were engaged in the realization of investments. PG OIL OÜ

PRO GRUPP INVEST OÜ contacts

Cooperation partners

The company's largest partners

EE- Estonia

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