BUCHAREST, Romania, March 20, 2017 /PRNewswire/ -- AgriEuro Corp. (OTCQB: EURI) today announced a research and development program which it has in partnership with the highly respected National Society of Master Thatches in England and Wales (NSMT). The program will study reed thatching issues by monitoring and recording moisture levels throughout the natural and commercial life-cycle of the plant from growth to roofing. With sufficient data, AgriEuro will be able to make positive adjustments and modifications to its post-harvest processing methods, which would likely increase the quality of the reed and pre-emptively prevent any issues from occurring after the plant is thatched.
This extensive R&D project in partnership with the NSMT was green lit by Mr. Andrew V Raffle of the NSMT. The company has already begun collecting data with regards to reed growth patterns this season.
"One profitable sector for AgriEuro is the increasing year on year revenue derived from our reed operations. It is important that we understand and continue to improve our harvest and post-harvest processes both from an ecological standpoint and a financial one," said Mr. Monda, CEO of AgriEuro.
About AgriEuro Corp
AgriEuro Corp operates in the agricultural, aquaculture and tourism industry in Europe. The company's flagship property is located at the junction of the Danube delta and the Black Sea and encompasses a variety of currently revenue-producing and soon-to-be producing businesses. It spans over 4,200 acres on a Unesco World Heritage site. Investors can visit the company's website at http://www.AgriEuroCorp.com.
This release contains forward-looking statements. Actual results may differ from those projected due to a number of risks and uncertainties, including, but not limited to the possibility that some or all of the matters and transactions considered by AgriEuro Corp may not proceed as contemplated, and by all other matters and assumptions specified in AgriEuro's filings with the Securities and Exchange Commission, especially those risks and other matters described under "Risk Factors" within AgriEuro's Form 10-Q filed with the Commission. These statements are made based upon current expectations that are subject to risk and uncertainty. AgriEuro does not undertake to update forward-looking statements in this news release to reflect actual results, changes in assumptions or changes in other factors affecting such forward-looking information.
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SOURCE AgriEuro Corp