Artex Corp. has acquired an agricultural project in Romania. The property consists of 4,223 acres on the meeting point of the Danube Delta and the Black Sea, an area that is highly fertile and that will host a wide array of developments in the near future.

As part of the project the company owns a 25 km (15 miles) long dam. The dam was built around two decades ago at a construction cost that would currently likely reach EUR 20 million for something of this magnitude. Other important assets that are part of the acquisition, apart from the land itself, are water reed plants and several large buildings.