Agrofeed in the heart of he city
Agrofeed Ltd. is one of the most dynamically developing companies in Hungary. They have also been listed in a rather distinguished position amongst the 100 most valuable companies in Hungarian ownership. What is the secret behind their success?
István Szekeres: The secret behind every success story is the quality and the quantity of work conducted. The source of our success is the 17 years of professional work activities invested by our staff, now of a size of 200 employees, not forgetting the fact that we always also invested the capital generated into expansion and development.
Tibor Csitkovics: We founded the company in 2001, starting from absolute scratch to reach the current size of the business. We started off in a small office in Bajcsy-Zsilinszky Street and we did not even dare to dream of the growth we managed to achieve in the years that followed. Our successes motivate us, while our responsibility for our staff oblige us to become better and stronger each year.
It is a well known fact that your activities revolve around animal feed. But what is it exactly that you do?
Tibor Csitkovics: We produce and market so-called premixes, which are a vital component of animal feeds and which are a mixture of vitamins and other dietary supplements. We ourselves manufacture the products we sell. We have two factories: we built the first in 2005 in Szalkszentmárton, in Bács-Kiskun County, whilst opening the second in 2016 in Russia.
In these past few months your Russian investment often featured in the media.
István Szekeres: This is the most significant Hungarian investment in Russia in recent years. The 3 billion HUF investment is the culmination of our successes on the Russian market and it also opens up new perspectives on a market that is ten times bigger than that of Hungary. We are intending to produce 60 thousand tons of premixes in the new plant.
You are also very active on foreign markets. Exports account for what percentage of your sales turnover and you are active on which markets?
István Szekeres: Exports account for around half of our revenues. We sell products in close to 20 countries. Our markets are located in Central and Eastern Europe, the Middle East and North Africa. Our largest export market is Russia where our market share is around ten percent. We are very proud to have also dispatched the first shipment of products to Iran.
What sales turnover do you generate and how many employees do you have?
Tibor Csitkovics: Agrofeed Ltd. and our other businesses involved in animal husbandry offer secure employment to 400 employees. We annually produce 120 thousand tons of premixes, raise and process 80 thousand pigs and grow 10 thousand tons of cereals. Our annual turnover is 35 billion HUF.
Agrofeed is a regular sponsor of different cultural and sports events. Why do you believe that corporate responsibility is important?
Tibor Csitkovics: Although neither of us was actually born in Győr, we have both been living here for a while, and playing a part in the life of the community in which we operate is important to us. We are a Gold Sponsor of the European Youth Olympic Festival and of the closing concerts of the Győr Summer Festival, we are the name sponsor of the men's basketball and of the women's handball teams and we also support the Iron Rooster Puppet Theatre and the Győr Philharmonic Orchestra, to mention but a few.
István Szekeres: We love Győr, we are happy to see the rapid development that has characterized the city in recent years, and we are proud to have been a part of this development.
Committed to sport, to talent and to a healthy lifestyle.