Agrofert

Agrofert is a Czech conglomerate holding company headquartered in Prague, Czech Republic. It operates agriculture, food, chemical, construction, logistics, forestry, energy and mass media industries in the European Union and China with over 250 subsidiary companies.

Agrofert, a.s.
FormerlyAgrofert Holding
Company typePrivate
FoundedJanuary 25, 1993 (1993-01-25)
FounderAndrej Babiš
HeadquartersPrague,
Czech Republic
Area served
European Union | China
Key people
Revenue
  • CZK 132.5 bil. (2012)
  • CZK 117.6 bil. (2011)
  • CZK 92.1 bil. (2010)
  • CZK 8.1 bil. (2012)
  • CZK 11.0 bil. (2011)
  • CZK 7.1 bil. (2010)
Net income
  • CZK 6.0 bil. (2012)
  • CZK 8.7 bil. (2011)
  • CZK 6.0 bil. (2010)
Total assets
  • CZK 96.2 bil. (2012)
  • CZK 89.5 bil. (2011)
  • CZK 73.3 bil. (2010)
OwnerAB private trust I (90%)
AB private trust II (10%)
Number of employees
  • 34,399 (2013)
  • 28,008 (2012)
  • 27,491 (2011)
  • 24,224 (2010)
SubsidiariesMafra
Lovochemie
SSW Piesteritz
Websiteagrofert.cz
Footnotes / references

Most of them are owned directly by AGROFERT, a.s., the minor part of the portfolio consists of companies in which the maternal company has substantial influence. The companies of AGROFERT, a.s. operate mostly in central Europe: in the Czech Republic, Slovakia, Germany and Hungary. Furthermore, it operates in another 18 countries and 4 continents. In 2012 the consolidated turnover of the company reached 132.5 billion Kč. AGROFERT, a.s. is one of the biggest companies in the Czech Republic. Agricultural companies of the conglomerate manage 386,1 square miles of land in the Czech Republic. (Majority of the land is rented, that means 1,26 % of Czech land or 2,84 % of Czech arable land.) Andrej Babiš has directed the conglomerate until January 2014 and owned it until 2017, he was forced to transfer ownership of company to two trust funds AB private trust I and AB private trust II controlled by his family and lawyers in order to comply with the new conflict of interest legislation passed by the Parliament. In 2017 the conglomerate employed 33 thousand people, 22 thousand of them in CR.

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