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Sep 23, 2020 14:36 EEST
September 23 (SeeNews) - Croatian agriculture start-up Agrivi has taken over its biggest rival in the country - the eGAP application for documenting agricultural production, local media reported.
The value and other details of the deal were not disclosed, news daily Jutarnji List reported on Tuesday.
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The eGAP application is a product of Osijek-based company SLink and is managed by agricultural information system Agroklub.
"With the addition of eGAP to our portfolio of products for digital agriculture, we ensure a leading market position in the field of digital agriculture with a market share of over 90%," the news daily quoted the founder and head of Agrivi, Matija Zulj, as saying.
He added that Agrivi will integrate eGAP in its offer via a strategic partnership with Osijek-based Agroklub, which had managed eGAP so far, and will thus more easily accelerate the digitisation of agriculture information in the Adriatic region.
Agrivi started operations in 2013, when eGAP was the most widely used platform for documenting digital agriculture in Croatia. Since then, Agrivi has employed 40 people and opened offices in Croatia, Romania, Poland and the UK, and has its clients in over 150 countries worldwide.
Agrivi builds knowledge-based software solutions that help agricultural producers to optimise production, protect crops and yield timely through automated insect pest and disease detection for every field, and live better by achieving sustainable and profitable agricultural production.
Agrivi reported 1.55 million kuna ($240,000/205,000 euro) in net profit for 2019 - its first profitable year.
(1 euro = 7.54782 kuna)
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