Sumi Agro Europe Ltd, a wholly-owned subsidiary of Sumitomo Corporation (referred to as “SAE”) and NIK group of companies (referred to as “NIK”),. SAE and NIK are entering into a partnership agreement, aiming expansion and implementation of the business related to precision agriculture in the Balkans (especially in Bulgaria and Romania) and broadly in Europe & CIS (especially in Ukraine, Russia, Poland, Czech Republic, Slovakia, Hungary, France, and Germany).
Synergy and innovation are highly expected by combining both companies’ core-competences: NIK’s advanced experience and operational know-how in the precision agriculture space, and SAE’s wide-ranging business platforms and assets for distribution of agricultural-related materials. The ability to share knowledge and experience between the two companies would improve farm productivity and boost precision farming adoption by Sumi Agro and NIK’s clients.
Sumitomo Corporation is known as a huge global conglomerate with headquarters in Tokyo, Japan, and a history dating back to the 17th century. Japanese production and leadership have always been a symbol of quality. With the opening of Sumit Agro in Bulgaria in 1999, these traditions are presented in our country as well.
The company is an official international representative of over 40 producers of plant protection products, fertilizers, biostimulants, and seeds for conventional and organic production.
NIK represents a group of companies operating in Bulgaria and Romania with over 18 years of experience in developing and implementing precision agriculture technologies focused on offering complete solutions for farm automation and work optimization. NIK’s innovative approach and investments made in team development and training people employed in agriculture help farmers in solving their challenges turning the company into a trustful partner.
As recognition for its contribution in development of agricultural domain, NIK was named Best Company of the year in the Agriculture category by Forbes Business Awards 2020