Agrofert

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Agrofert, a.s.
FormerlyAgrofert Holding
Company type
Private
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HeadquartersPrague,
Czech Republic
Area served
European Union | China
Key people
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OwnerRSVP Trust [cs] (100%)
Number of employees
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Websiteagrofert.cz
Footnotes / references
[1]

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Agrofert is a Czech conglomerate holding company headquartered in Prague, Czech Republic. It operates agriculture, food, chemical, construction, logistics, forestry and energy industries in the European Union and China with over 250 subsidiary companies.[4]

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.[5] In 2012 the consolidated turnover of the company reached 132.5 billion Kč.[6] 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.) [7]

In 2017 the conglomerate employed 33 thousand people, 22 thousand of them in the Czech Republic.[8]

History

Agrofert was founded by Czech state company Petrimex (where Andrej Babiš worked as salesman), on January 25, 1993, and in its current form on July 1, 2000. The company was founded in 1993 by Petrimex.[9] Andrej Babiš has directed the conglomerate until January 2014 and owned it until 2017, he was forced to transfer ownership of the 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.[10]

In November 2013, Agrofert bought Londa, which owns Rádio Impuls, Rádio Rock Zone 105.9 and Český Impuls.[11][12]

Speculations in January 2014 also indicated that the holding company was considering buying Prima or Nova television.[13]

In June 2022, it was announced that Borealis is to sell its fertilizers division to Agrofert for €810m.[14]

In September 2023, Agrofert sold Mafra to the Czech billionaire investor Karel Pražák (Kaprain Group).[15]

On 15 October 2025, Babiš has once again become the sole owner of Agrofert.[16] On 20 February 2026, Babiš transferred ownership of the company to the private RSVP Trust [cs] fund.[17]

Financials

Year Earnings after Taxes
in bn Kč 		Operating subsidies
in bn Kč 		Investment subsidies
in bn Kč 		Total subsidies
in bn Kč 		Corporate income tax
in bn Kč
2019[18] 4.5 1.62 0.35 1.97 1.5
2018[19] 1.665[20] 1.52 0.276[21] 1.8
2017[22] 4.8 1.351 0.607 2.1 0.739
2016[23] 7.78 1.1 0.4 1.533 1.505
2015[24] 8.614 1.8 2.25

References

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  1. ^ Consolidated Annual Report AGROFERT, a.s. 2013
  2. ^ a b Commercial register, ID 48117072, AGROFERT, spol. s r.o.
  3. ^ Page Module:Citation/CS1/styles.css has no content.Kaiser, Daniel (25 October 2013). "Legenda o svatém Andrejovi. Reflex odhaluje zapomenuté informace o Babišově zbohatnutí". Reflex (in čeština). Czech News Center.
  4. ^ Page Module:Citation/CS1/styles.css has no content."AGROFERT, a.s." E15.cz (in čeština). Czech News Center. Archived from the original on 2016-12-30. Retrieved 2016-12-29.
  5. ^ Page Module:Citation/CS1/styles.css has no content."Brožury koncernu AGROFERT". agrofert.cz (in čeština). AGROFERT, a.s. Retrieved 2016-05-05.
  6. ^ Page Module:Citation/CS1/styles.css has no content."Czech top 100 profiting companies in 2012" (XLS). Archived from the original (XLS) on 2013-12-03. Retrieved 2013-06-27.
  7. ^ Page Module:Citation/CS1/styles.css has no content.Lhotská, Dagmar (2014-08-07). "Snížil se podíl orné půdy, zlepšila se užitkovost". Statistika&My. Český statistický úřad. Retrieved 2020-01-04.
  8. ^ Page Module:Citation/CS1/styles.css has no content."Babiš bude králem chleba v Česku. Úřad povolil spojení pekáren, část však musí prodat". Aktuálně.cz [cz]. Economia.
  9. ^ Page Module:Citation/CS1/styles.css has no content.Volf, Tomáš (2025-12-05). "Agrofert začínal v 90. letech se čtyřmi zaměstnanci". Novinky.cz (in čeština). Borgis. Retrieved 2025-12-05.
  10. ^ Page Module:Citation/CS1/styles.css has no content.Morávek, Daniel (3 February 2017). "Babiš převedl Agrofert do svěřenských fondů, firma se mu ale vrátí". Podnikatel.cz (in čeština). Internet Info.
  11. ^ Page Module:Citation/CS1/styles.css has no content."Babišův Agrofert kupuje populární Rádio Impuls. Akvizici musí potvrdit antimonopolní úřad". Hospodářské noviny (in čeština). Economia. 2020-01-04. Retrieved 2013-11-25.
  12. ^ Page Module:Citation/CS1/styles.css has no content."Česko jako turistický cíl bude propagovat divize Agrofertu". Aktuálně.cz (in čeština). Economia. Czech News Agency. 2020-01-04. Retrieved 2015-05-22.
  13. ^ Page Module:Citation/CS1/styles.css has no content.Potůček, Jan (2020-01-04). "Babiš koupí Novu a bude kontrolovat i Českou televizi?". Lupa.cz [cz] (in čeština). Internet Info. Retrieved 2014-01-05.
  14. ^ Page Module:Citation/CS1/styles.css has no content.Lopez, Jonathan. "Czech Republic's Agrofert to acquire Borealis' fertilizers division for €810m". ICIS Explore. Retrieved 2022-07-04.
  15. ^ Page Module:Citation/CS1/styles.css has no content.Lazarová, Daniela (1 September 2024). "Agrofert sells Mafra group and other assets". Radio Prague. Retrieved 29 March 2024.
  16. ^ Page Module:Citation/CS1/styles.css has no content."Babiš je znovu jediným vlastníkem Agrofertu". ČT24 (in čeština). Czech Television. Czech News Agency. 17 October 2025. Retrieved 5 December 2025.
  17. ^ Page Module:Citation/CS1/styles.css has no content.Fraňková, Ruth (21 February 2026). "Babiš places Agrofert shares in trust fund, says conflict of interest resolved". Radio Prague (in čeština). Czech Radio. Retrieved 14 April 2026.
  18. ^ Page Module:Citation/CS1/styles.css has no content.Pánková, Barbora; Zenkner, Petr (26 July 2020). "Agrofertu loni opět vydělávala hlavně chemie. Na státních dotacích získal více, než zaplatil na daních z příjmů". Hospodářské noviny (in čeština). Economia. Retrieved 26 July 2020.
  19. ^ Page Module:Citation/CS1/styles.css has no content.Čemusová, Tereza (14 August 2019). "Agrofert získal loni na dotacích téměř 1,8 miliardy korun, o 165 milionů méně než v roce 2017". iROZHLAS (in čeština). Czech Radio. Retrieved August 14, 2019.
  20. ^ Page Module:Citation/CS1/styles.css has no content."Skupina Agrofert zaznamenala potřetí v řadě pokles zisků. Oproti loňsku se snížily o téměř 64 procent". iROZHLAS (in čeština). Czech Radio. Czech News Agency. 28 June 2019. Retrieved July 28, 2019.
  21. ^ Page Module:Citation/CS1/styles.css has no content.Elčić, Sandro (14 August 2019). "Agrofertu prudce klesl zisk. Od červených čísel ho loni zachránily hlavně dotace". Aktuálně.cz (in čeština). Economia. Retrieved August 15, 2019.
  22. ^ Page Module:Citation/CS1/styles.css has no content.Rott, Lukáš (26 July 2018). "Rekordní rok pro Agrofert. Na dotacích loni získal více než dvě miliardy korun". Deník (in čeština). Vltava Labe Media. Retrieved July 26, 2018.
  23. ^ Page Module:Citation/CS1/styles.css has no content."Agrofert na dotacích dostal více peněz než odvedl státu na daních". BYZNYS NOVINY (in čeština). 26 July 2017. Retrieved July 26, 2017.
  24. ^ Page Module:Citation/CS1/styles.css has no content.Tramba, David (26 July 2016). "Byznys Andreje Babiše: 5 postřehů z výroční zprávy Agrofertu". Dotyk (in čeština). Retrieved 26 July 2016.

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