BUCHAREST, Romania, March 27, 2017 /PRNewswire/ -- AgriEuro Corp. (OTCQB: EURI) today announced that in anticipation of an increase of reed sales it has completed the modernization of its distribution and warehouse facilities.
The company has strengthened the warehouse with metallic beams, new metal sheets and insulating materials on the inside. It has also improved its space arrangements in order to facilitate better logistics for transportation and storage of the large quantities of reed the company expects to harvest and sell in the next season.
This upgrade will increase the warehouse's storage capacity to 500 bales of reed.
In order to move the bales of reed that typically weigh around 650 pounds each, specialized equipment was purchased such as a Merlo Hydraulic loader.
"What is going on behind the scenes at the company is just as important as our sales contracts. AgriEuro's back end is now ready to accommodate large movements of reed which will help the company fulfill its orders faster and more efficiently." commented Mr. Radu Cosmin Monda, CEO of AgriEuro Corp.
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
Forward-Looking Statements
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.
SOURCE AgriEuro Corp
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