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FirstFarms Slovakia

In Slovakia, FirstFarms undertook one of the largest Danish agricultural investments in Eastern Europe with the acquisition in 2005, 2006 and 2007 of three farming companies in Slovakia: Agra M., Mast Stupava and Mlyn, located 20-30 km north of the capital, Bratislava. Here the company operates approximately 9,300 hectares, consisting primarily of leasehold fertile farmland, and has built up a stock of approximately 2,500 dairy cows plus young cattle. The aim is to achieve a stock of 3,300 dairy cows and to attain this objective, the company completed a construction of cattle stables in 2011. The cattle stables are able to house 2,700 dairy cows.

In the three Slovakian companies, FirstFarms has achieved significant progress in terms of efficiency and production by virtue of focused production investments and successful implementation of the business concept, which involves use of Danish agricultural management and know-how. The three companies are being operated together and thus the companies are also achieving economies of scale.

FirstFarms’ activities in Slovakia is shown below:

 

FirstFarms' activities in Slovakia are situated close to the international airport in Bratislava and to the great industrial zones, which includes the Volkswagen factories as one the largest businesses in the area. Furthermore there is a relatively good infrastructure in the area and the activities are sited close to the motorway.