1998
Land Service & Topo begins in Romania
Subsidiary LS&T starts acquiring land on behalf of clients. The platform later expands into cadastre, lease management, and consolidation — today managing roughly 24,000 ha for partners.
Building a land platform over decades
From field operations in Romania in 1998 through successive consolidations to the first Liechtenstein Societas Europaea — a factual timeline drawn from public merger audit reports, register filings, and general meeting protocols.
Published NAV
Share value milestones
Only company-published or merger-audit figures are shown. The share is not exchange-listed; market prices may differ.
Illustrative only — not audited financial advice. Intermediate values are not disclosed on the public website.
Field operations & land base
1998 – 20162005 – 2014
Romanian operating companies established
Local SRLs are formed region by region — including Truca (2005), Green Land (2007), Karpaten Meat and Agroinvest Plus Siebenbürgen (2008), Alsace Land Service (2009), and Agro Banat / Agro Primula (~2011) — assembling the western and Transylvanian land clusters.
30 Dec 2015
Gibraltar holding contributes Romanian stakes
Agroinvest Plus Limited (Gibraltar) brings all subsidiary interests into the newly structured German holding company as a capital contribution.
10 Aug 2016
First major merger — Agrar Invest Romania + Agroinvest Romania → Agroinvest Plus AG
Two Traunreut AGs merge into Agroinvest Plus AG (economic effect 1 Jan 2016; registered 28 Sep 2016), creating what the merger report describes as a leading agricultural group in Romania.
31 Dec 2016
Pre-SE portfolio snapshot
Merger audit: roughly 13,000+ ha across Romania and Hungary (18,710 parcels); 65% of Romanian area with documented ownership. See portfolio for entity-level breakdown.
Cross-border merger & SE formation
2017 – 20187 Feb 2017
AGRARINVEST AG founded in Liechtenstein
Balzers-domiciled acquisition vehicle (FL-0002.540.694-7) created to receive the German group's assets and adopt SE status.
Mar – Jul 2017
Merger audit & valuation
LG München I appoints IVA Valuation & Advisory as joint merger auditor; RSM AWT values the group at NAV. Bar compensation for dissenting shareholders: €135.94 per AIP share.
23 Aug 2017
Shareholder approval — NAV €135.94 per share
Agroinvest Plus AG shareholders approve the cross-border merger into AGRARINVEST AG; enterprise value of the transferring company stated at €76.5 million (571,165 shares).
Late 2017
AGRARINVEST SE registered — first SE in Liechtenstein
Agroinvest Plus AG merges into AGRARINVEST AG, which converts to AGRARINVEST SE. Capital increases to ~856,747 shares. Widely reported as the Principality's first European Company.
Apr 2018
Portfolio restructuring — Karpaten Meat
Extraordinary general meeting: sale of Karpaten Meat SRL and subsidiaries plus long-term lease over ~2,300 ha in Transylvania for €15 million (partly settled in treasury shares at €130/share).
AGRARINVEST SE era
2018 – today2018 – 2025
Liechtenstein governance & disclosure
Thirteen general and extraordinary meeting protocols published (2018–2025). Registered office moves from Balzers to Schaan (2020). Current Statuten stand 28 June 2024. Governance & protocols.
Jun 2025
Latest ordinary general meeting
Financial statements for FY 2024 approved; auditor change from BDO Liechtenstein to Areva Treuhand Vaduz. 8,752 shares issued (1,248 treasury).
Nov 2025
Published NAV €2,800 per share
Company-reported net asset value based on realistic market price estimates for Romanian land. Same figure applies per 31 December 2025. Investor information.
Primary sources
- Verschmelzungsprüfungsbericht (IVA Valuation & Advisory, 2017) — land areas, NAV methodology, corporate structure
- RSM AWT valuation report (26 June 2017) — exchange ratio and bar compensation
- General meeting protocols 2018–2025 — post-SE governance and transactions
- Public investor relations site — current NAV and LS&T overview