Agriculture - Business Review


Ciolos islamization

PM Ciolos calls for tighter rules on farmland sale in Romania

Agriculture August 05, 2016 16:50 0 comments

Romanian PM Dacian Ciolos said after a meeting with farmers that he wants to find “ways” to introduce a more restrictive framework for farmlands' sale, in order to support the local communities.  “I’ve already asked,…more »

Ciolos islamization

Employees doing R&D in Romania get tax exemption on wages starting today

Agriculture August 01, 2016 16:23 0 comments

Starting from today, August 1, two fiscal changes come into force - the tax exemption on wages of researchers and the VAT of nine percent for some agricultural products. „We decided that starting with the…more »

EIB gives EUR 20 mln loan to Agricover Credit IFN for agriculture financing

Agriculture August 01, 2016 10:01 0 comments

The European Investment Bank (EIB) is lending EUR 20 million to Agricover Credit IFN in order to finance smaller projects implemented by SMEs in the agricultural sector. This is the first EIB transaction in Romania…more »

Agricover Group registers a net profit of RON 1.68 mln in H1

Agriculture July 29, 2016 09:41 0 comments

Agricover Group, one of the biggest players in agriculture field, reported a net profit of RON 1.68 million in the first semester of this year for the agricultural business operations. This was  a growth of…more »

Romanian wine worth EUR 24 mln was exported in 2015, says APEV Romania

Agriculture July 14, 2016 15:15 0 comments

Romania has exported approximately 14 million liters of wine, valued at EUR 24 million in 2015, according to datasets published by the Association of Wine Producers and Exporters (APEV Romania). 78 percent of the total…more »

wholesale turnover

INS: The turnover from wholesale trade in Romania grew by 8.8 pct in May

Agriculture July 14, 2016 13:31 0 comments

The turnover from wholesale trade (with the exception of cars and motor vehicles), gross series, registered a growth of 8.8 percent and of 5.9 percent adjusted series, compared with May 2015, taking into account the…more »

President Iohannis passes law compelling supermarkets to sell 51pct food products of Romanian origin

Agriculture July 11, 2016 16:48 0 comments

President Klaus Iohannis has passed the law compelling supermarkets to source 51pct of food products from Romanian market. The law also forbids supermarkets to impose a “shelf tax” on producers in order to sell their…more »

"achim irimescu"

Minister Irimescu: Brexit impact on food prices in Romania can’t be estimated at present

Agriculture July 08, 2016 15:57 0 comments

The Brexit impact on the agro- food prices from Romania cannot be estimated at the moment because it was the first time when a state left the EU, says the Agriculture Minister, Achim Irimescu, according…more »

Romania agriculture outlook: The legal challenges that investors are facing

Agriculture July 05, 2016 16:55 0 comments BR Exclusive

Although the local agriculture sector remains attractive to investors, there are ongoing issues with the legislation, which hampers the acquisition of farmland and the sale of crops at the best prices, according to legal experts.…more »

Romania aims to put limit on farmland bought by foreigners

Agriculture July 01, 2016 13:22 0 comments

The minister of Agriculture, Achim Irimescu, says that authorities are working on new legislation that would limit the amount of farmland that can be purchased by foreigners. The Ministry of Agriculture has finished the draft…more »