Concordia Közraktár Zrt.

What Concordia Közraktár Zrt. does

Concordia Közraktár Zrt. is Hungary's largest public warehouse operator, founded in 1993 as the legal successor to the state-owned GAMSZOV (Gabona- és Malomipari Szolgáltató Vállalat). The company operates three integrated business units serving the Hungarian grain and agricultural value chain. Its Sajáttelepi (own-warehouse) division operates approximately 200,000 tonnes of storage capacity across 10 depot locations distributed throughout Hungary's key agricultural regions, with rail access and rail-certified scales at multiple sites. The Művi (collateral/virtual warehouse) division holds 65-70% market share in Hungary's collateral warehousing market, issuing legally recognized warehouse receipts (közraktári jegy) under Hungary's 1996 XLVIII Law on Warehousing that banks accept as collateral instruments for extending credit to agricultural clients. The Gabona Control division, operating since 1989, provides accredited quality inspection and laboratory testing services under MSZ EN ISO/IEC 17025:2018 accreditation with FOSFA and GAFTA memberships enabling domestic and international trade.

The company's technical infrastructure includes the proprietary KIR (Közraktári Információs Rendszer) warehouse information system that uses GPS coordinates of warehouse locks to prevent double-pledging of collateral, electronic cargo protection systems, 24-hour camera surveillance, and an accredited laboratory equipped with NMR, HPLC, PCR, spectrophotometric, and reological instruments. Concordia generates revenue through multi-year contracts priced per tonne for storage, risk-assumption (insurance), quality control, and loading/unloading fees, with all pricing negotiated individually per partner; Gabona Control pricing is quote-based and seasonal. The go-to-market model is sales-led and relationship-driven, anchored by regional depot managers and specialized business unit directors, supported by Google AdWords, Facebook remarketing, and the corporate website. Customer segments span agricultural producers and farmers, grain and commodity traders, export-oriented agribusinesses, commercial banks (for collateral instruments), and food and industrial product companies.

Concordia is privately held under Hungarian Zrt. (private limited company) structure, governed by a Supervisory Board and led by CEO dr. Bitay Márton Örs. No external parent company, venture capital, or private equity ownership is disclosed. The company has 25+ years of continuous operation, 450+ customers served, and over 10,000 accredited inspections completed, with no disclosed funding rounds, acquisitions, or M&A activity in the available data.

Name

Concordia Közraktár Zrt.

Legal name

CONCORDIA KÖZRAKTÁR Kereskedelmi Zártkörűen Működő Részvénytársaság

Website

https://concordia.hu

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Concordia Közraktár Zrt. is Hungary's largest public warehouse operator, providing collateral-backed grain storage (~200,000 tonnes across 10 depots), accredited quality inspection, and laboratory testing to farmers, traders, banks, and exporters.

Ownership category

akta.pro rank

Product category

Agricultural Warehousing & Collateral Receipt Services

NAICS

Farm Product Warehousing and Storage (493130), Other Farm Product Raw Material Merchant Wholesalers (424590)

SIC

Wholesale-Farm Product Raw Materials (5150), Agricultural Services (700)

akta.pro primary industry

Public Commercial Grain Warehouses (USDA/State-Licensed) (AFAOACAA)

akta.pro secondary industries

Grain Grading & Quality Classification (Dockage, Test Weight, Damage) (AFAOAJAC), Sampling, Inspection & Cargo Survey Services (Inbound/Outbound, Hold Inspections) (AFAOAMAF), Mycotoxin & Contaminant Testing (Aflatoxin, DON, Heavy Metals, Pesticides) (AFAOAMAC), GMO/Identity Preservation & Variety Verification Testing (AFAOAMAD), Falling Number, Milling/Baking & End-Use Functionality Testing (AFAOAMAE), Rapid On-Site Testing Services (Portable/NIR Screening) (AFAOAMAH), Storage & Distribution Audits (Warehousing, Cold Chain, Logistics) (AFALABAF)

Keywords

• Agricultural warehousing services
• Collateral warehouse receipts
• Grain storage logistics
• Commodity quality inspection
• Accredited laboratory testing

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Sajáttelepi (Own Warehouse) Storage Services: Revenue is generated through storage fees (rendelkezésre tartási díj) charged per tonne, risk assumption fees for cargo insurance coverage during storage, quality control fees, and loading/unloading fees (be- és kitárolási díj) per tonne. All fees are negotiated individually per partner. Services include storage in silos and flat warehouses, quality monitoring, grain drying and cleaning (at Szombathely), rail car loading, and warehouse rental.
2. Művi (Collateral) Warehousing Services: Revenue is generated through base storage fees (Ft/tonne for grains, percentage of commodity value for other products), risk assumption fees for insurance during the warehousing period, GPS system fees, and electronic protection fees. The company insures the stored commodity and issues warehouse receipts (közraktári jegy) that enable bank credit for partners. Fees can be consolidated into a single per-tonne customized rate per partner.
3. Gabona Control Inspection and Laboratory Testing: Revenue is generated from quality inspection and laboratory testing services. Inspection services cover warehouse commodity classification, domestic and export transport inspections, and independent quality control. Laboratory testing covers physico-chemical parameters, reological analysis, oilseed analysis per MSZ and FOSFA standards, food safety testing, radiological testing, microbiological testing, GMO analysis, and PCR-based detection of prohibited animal proteins. Pricing is quote-based and seasonal.
4. Quality Control (Bérellenőrzés) Services: Fees charged for independent quality inspection services covering both quantity and quality of stored goods. Available to any market participant regardless of whether they use the company's warehousing services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Concordia Közraktár Zrt. operates Hungary's largest agricultural public warehouse network, providing commodity storage services across 10 company-owned depots (~200,000 tonnes capacity) and a collateral warehousing portfolio covering 65-70% of the Hungarian market. The company issues warehouse receipts (közraktári jegy) under Hungary's 1996 XLVIII Law on Warehousing, enabling agricultural producers and traders to access bank credit using stored grain as collateral. Through its Gabona Control division, it delivers accredited quality inspection and laboratory testing services (MSZ EN ISO/IEC 17025:2018, FOSFA, GAFTA) covering physico-chemical, reological, microbiological, GMO, and oilseed analyses.

Product overview

Concordia Közraktár Zrt. is Hungary's largest warehouse receipt operator, offering three interconnected business lines: Sajáttelepi Üzletág (own warehouse facilities with ~200,000 ton capacity across 10 locations), Művi Üzletág (virtual warehouse services covering 65-70% market share), and Gabona Control (accredited quality control and laboratory testing). The company's core offering centers on agricultural commodity storage with warehouse receipt financing, complemented by quality inspection and laboratory services that enable customers to access bank credit using stored goods as collateral.

Differentiator

Problem solved

Functional benefit

Brands

• Gabona Control: Quality control and laboratory testing services for agricultural products, operating since 1989

Products and services

• Sajáttelepi Üzletág (Own Warehouse Business Unit) Grain storage services delivered at Concordia's 10 company-owned depot locations across Hungary with approximately 200,000 tonnes total capacity. Includes storage in reinforced concrete and metal silos as well as flat warehouses, grain drying and cleaning (at Szombathely), rail car loading, quality monitoring, and issuance of warehouse receipts enabling bank credit facilities for agricultural clients.
• Művi Üzletág (Collateral/Virtual Warehouse Business Unit) Collateral warehousing services where Concordia monitors commodities stored in partner-owned or rented warehouses across Hungary, covering 65-70% of the Hungarian collateral warehousing market. Issues legally recognized warehouse receipts (közraktári jegy) accepted by all commercial banks, with GPS-verified locking, electronic cargo protection, and inspection services to prevent double-pledging.
• Gabona Control - Accredited Inspection and Laboratory Testing Services Accredited quality control and laboratory testing services for agricultural commodities, operating since 1989 under MSZ EN ISO/IEC 17025:2018 with FOSFA and GAFTA international memberships. Covers physico-chemical parameters, rheological analysis (Alveograph, Extensograph, Farinograph, Valorigraph), oilseed analysis per MSZ and FOSFA standards, food safety testing, radiological testing, microbiological testing, GMO analysis, and PCR-based detection of prohibited animal proteins in feed.
• Bérellenőrzési Szolgáltatás (Quality Verification Service) Independent quality verification service for stored goods covering both quantity and quality across Hungary. Available to any market participant regardless of whether they use Concordia's warehousing services.

Quantifiable outcome

• 65-70% market share in Hungary's collateral warehousing sector
• +4 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Bunge: Global agribusiness and food company with significant grain origination, storage, and processing operations in Europe. Comparable business model (storage + quality certification + financing) and competes for the same Hungarian/Central European grain flows.
• Louis Dreyfus Company: Global merchant and processor of agricultural commodities including grains and oilseeds, with logistics and storage assets across Europe. Overlaps with Concordia's storage and origination role at the wholesale level.
• ADM (Archer Daniels Midland): One of the world's largest agribusiness companies with a global origination, storage, and trading network. Comparable to Concordia in offering integrated grain storage with quality certification, but at vastly greater scale and geographic reach.
• Viterra (formerly Glencore Agriculture): Major global grain and oilseed originator, storing, and marketing company with extensive European asset footprint. Comparable integrated storage-and-trading model and an active buyer/seller in Hungarian grain markets.
• Cargill: Global agricultural commodity trader and processor with extensive grain storage, handling, and financing infrastructure across Central Europe. Operates at far larger scale than Concordia and is both a potential partner and a threat as it increasingly internalizes storage and quality control.

Direct peers

• Intertek: Global quality assurance provider with an agricultural commodities division covering FOSFA/GAFTA inspections and laboratory testing. Direct competitor to Gabona Control for export-oriented testing contracts in the region.
• SGS SA: World's leading testing, inspection, and certification company with FOSFA/GAFTA capabilities and agricultural commodity labs globally. Direct competitor to Gabona Control for international inspection and laboratory services in the CEE region.
• Bureau Veritas: Global TIC (testing, inspection, certification) major with agricultural commodity services including FOSFA/GAFTA inspections. Direct competitor to Gabona Control in agri-commodity testing and a potential partner/acquirer for cross-border expansion.
• Eurofins Scientific: International laboratory testing group with food and feed testing capabilities, including mycotoxin, GMO, and microbiological analysis — directly comparable to the Gabona Control lab menu. Competes for high-margin accredited testing work in Central Europe.

Regional players

• GrainCorp: Australia's largest listed agribusiness with a vertically integrated grain storage, handling, and marketing network. The closest international analog to Concordia's regulated public-warehouse plus quality-testing model, though serving a different geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/concordia-k%C3%B6zrakt%C3%A1r-zrt.

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concordia Közraktár Zrt.