Asfertglobal's production capacity will be increased in the short term
Asfertglobal, a Portuguese company that produces biofertilizers and bio stimulants based on microorganisms, has implemented an investment plan for more than two million euros to continue achieving its short-term growth objectives.
With this investment, the company will acquire new bioreactors equipped with the latest technology in the market, will have two new laboratories and will expand its facilities to increase its biofertilizer production capacity.
The new commitment also includes the incorporation to the Asfertglobal team of two new employees, PhDs in the Biotechnology area, who will become part of the company's staff in the Portuguese region of Santarém.
During this year Asfertglobal will be able to exceed its turnover by 60% internationally, in addition to several countries in Europe, Africa and Russia, the company has marked a milestone this 2020 by making its first sales to the United States and, more recently, also It has made the leap to Latin America, with the first sale to Chile, therefore, the objective of its investment is to continue expanding horizons.
Joel Jerónimo, CEO of Asfertglobal, says, "It is an important step on the road to the future, it is necessary not to sit idly by and continue to face new challenges with optimism, even though we are attentive to the current situation."
With more than 20 years of experience, Asfertglobal’s main objective is the development of biofertilizers and biostimulants based on microorganisms and new organic molecules from natural sources, offering innovative and effective solutions for nutrition and plant care, while optimizing the soil resources allowing a better absorption of nutrients and an increase in yield, resulting in a reduction in the application of chemical fertilizers.
More information about the company on its website.