General Assembly :

The General Assembly is scheduled to be held on Thursday 1 May at 11 a.m. in Aalborg.Any proposals to be submitted on 1 April for the General Meeting.Invitation are send in in April.

Shareholder´s trip to Romania!

Hereby invited to attend the shareholders trip to Romania in the days 11 – 14 June 2014.The tour goes both to Bucharest area and western Romania and includes inspection of all Agri Invest ‘s three sites in Mizil , Videle and Oravita , as we meet our organization – site manager and some of the people who work for Agri Invest A / S.The tour includes :
• Departure from Aalborg Airport on Wednesday, 11 June kl.6.25 (via Amsterdam)
• Return to Aalborg Airport Saturday 14 June at . 17.30 ( via Amsterdam)
• Accommodation in a 3 star hotel – two nights in Bucharest and one night in Orsova
• Shuttle to / from airport and to the destinations we must inspect .
• Breakfast on Thursday, Friday and Saturday.
• Lunch Wednesday, Thursday and Friday.
• Dinner on Wednesday, Thursday and Friday – (drinks for own account).

The trip included a bus ride across the country from Videle to Oravita, with a stop overnight in Orsova on the Danube.The price for the entire event is DKK 6,940 per person .While we expect that there will be competition for places, the shareholders are privileged.

Registration for ” first come first served ” by March 14, 12 noon to Birthe Dencker mail: bds@agrinord.dk phone: +45 9634 5226( we apologize for the short registration deadline , which is determined by the airline !)

The situation on the field operations :

In Oravita have winter weather almost exclusively consisted of some black frost down to -7
degrees C, with some very strong winds – almost hurricane – in January / February . This of course has made ​​its impact on winter cereals, and the winds was especially hard on rape seed leaves, but it is still estimated that all winter cereals survive, and at this time the plants seems to recover well.The dry weather has meant that we have been able start field work in Oravita , so all winter cereals have yet been fertilized , and we have been working on cultivation of cover crops . So the season started well up here, concerning spring work.In Videle it was still more wet than expected in February. The melt water does not really disappear from the surface and there has been little rainfall in between, so we’ve been out to try to spread fertilizer, but we were ” stumbling around ” in the fields and get stuck with the tractor.

In Mizil we have only recently been able to come around and inspect the winter crops. Here we have had so much snow, that the yard and the road past the farm was closed and the road then only passable in one track in two weeks. But now everything is so open again, but all ditches and canals is of course filled with water and it is totally impossible to move on the fields.

In both Videle and Mizil tells field inspections , that there is no dead crops after winter, and that almost everything seems to thrive very nicely here after winter.We are aware, of course , we will soon face a labor challenge as spring comes ” at once” at these two sites, so all work operations to be performed simultaneously, but the only thing we can do right now is to keep the crew , machines and raw materials ” on alert ” and that’s the situation.

Kind regards

Richardt Duus, CEO