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Agrofert

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]

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.[9]

On 15 October 2025, Babiš has once again become the sole owner of Agrofert.[10] On 20 February 2026, Babiš transfered ownership of the company to the private RSVP Trust fund.[11]

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.[12] Andrej Babiš was its CEO until January 2014 when he became Finance Minister of the Czech Republic, and also its sole owner until 2017.

In November 2013, Agrofert bought Londa, which owns Rádio Impuls, Rádio Rock Zone 105.9 and Český Impuls.[13][14]

Speculations in January 2014 also indicated that the holding company was considering buying Prima or Nova television.[15]

In June 2022, it was announced that Borealis is to sell its fertilizers division to Agrofert for €810m.[16]

In September 2023, Agrofert sold Mafra to the Czech billionaire investor Karel Pražák (Kaprain Group).[17]

Financials

External links

References

  1. Commercial register, ID 48117072, AGROFERT, spol. s r.o.^
  2. Daniel Kaiser. Legenda o svatém Andrejovi. Reflex odhaluje zapomenuté informace o Babišově zbohatnutí Reflex, Czech News Center, 25 October 2013^
  3. Consolidated Annual Report AGROFERT, a.s. 2013^
  4. AGROFERT, a.s. E15.cz, Czech News Center, retrieved 2016-12-29^
  5. Brožury koncernu AGROFERT agrofert.cz, AGROFERT, a.s., retrieved 2016-05-05^
  6. Czech top 100 profiting companies in 2012 retrieved 2013-06-27^
  7. Dagmar Lhotská. Snížil se podíl orné půdy, zlepšila se užitkovost Statistika&My, Český statistický úřad, 2014-08-07, retrieved 2020-01-04^
  8. Babiš bude králem chleba v Česku. Úřad povolil spojení pekáren, část však musí prodat Aktuálně.cz, Economia^
  9. Daniel Morávek. Babiš převedl Agrofert do svěřenských fondů, firma se mu ale vrátí Podnikatel.cz, Internet Info, 3 February 2017^
  10. Babiš je znovu jediným vlastníkem Agrofertu ČT24, Czech Television, 17 October 2025, retrieved 5 December 2025^
  11. Ruth Fraňková. Babiš places Agrofert shares in trust fund, says conflict of interest resolved Radio Prague, Czech Radio, 21 February 2026, retrieved 14 April 2026^
  12. Tomáš Volf. Agrofert začínal v 90. letech se čtyřmi zaměstnanci Novinky.cz, Borgis, 2025-12-05, retrieved 2025-12-05^
  13. Babišův Agrofert kupuje populární Rádio Impuls. Akvizici musí potvrdit antimonopolní úřad Hospodářské noviny, Economia, 2020-01-04, retrieved 2013-11-25^
  14. Česko jako turistický cíl bude propagovat divize Agrofertu Aktuálně.cz, Economia, 2020-01-04, retrieved 2015-05-22^
  15. Jan Potůček. Babiš koupí Novu a bude kontrolovat i Českou televizi? Lupa.cz, Internet Info, 2020-01-04, retrieved 2014-01-05^
  16. Jonathan Lopez. Czech Republic's Agrofert to acquire Borealis' fertilizers division for €810m ICIS Explore, retrieved 2022-07-04^
  17. Daniela Lazarová. Agrofert sells Mafra group and other assets Radio Prague, 1 September 2024, retrieved 29 March 2024^
  18. Barbora Pánková, Petr Zenkner. Agrofertu loni opět vydělávala hlavně chemie. Na státních dotacích získal více, než zaplatil na daních z příjmů Hospodářské noviny, Economia, 26 July 2020, retrieved 26 July 2020^
  19. Tereza Čemusová. Agrofert získal loni na dotacích téměř 1,8 miliardy korun, o 165 milionů méně než v roce 2017 iROZHLAS, Czech Radio, 14 August 2019, retrieved August 14, 2019^
  20. Skupina Agrofert zaznamenala potřetí v řadě pokles zisků. Oproti loňsku se snížily o téměř 64 procent iROZHLAS, Czech Radio, 28 June 2019, retrieved July 28, 2019^
  21. Sandro Elčić. Agrofertu prudce klesl zisk. Od červených čísel ho loni zachránily hlavně dotace Aktuálně.cz, Economia, 14 August 2019, retrieved August 15, 2019^
  22. Lukáš Rott. Rekordní rok pro Agrofert. Na dotacích loni získal více než dvě miliardy korun Deník, Vltava Labe Media, 26 July 2018, retrieved July 26, 2018^
  23. Agrofert na dotacích dostal více peněz než odvedl státu na daních BYZNYS NOVINY, 26 July 2017, retrieved July 26, 2017^
  24. David Tramba. Byznys Andreje Babiše: 5 postřehů z výroční zprávy Agrofertu Dotyk, 26 July 2016, retrieved 26 July 2016^