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Agriculture

Romania agriculture outlook: Farmland prices continue to grow in 2016

Agriculture July 01, 2016 11:28 0 comments BR Exclusive

Farmland prices are projected to continue to rise in 2016 after growth of approximately 10 percent last year. Given that they are still well below the average prices in Western Europe, the acquisition of local…more »

Romania agriculture outlook: How are banks trying to help farmers

Agriculture June 30, 2016 13:05 0 comments BR Exclusive

Farmland is the most important asset for investors seeking to take out loans from banks, but the ongoing issues that Romania has with the registration of such plots makes financiers very cautious, according to legal…more »

Romania agriculture outlook: EU funding gets more accesible for investors

Agriculture June 29, 2016 15:33 0 comments BR Exclusive

Small and medium-sized farming businesses that invest in higher value-added products stand to benefit the most from the funding opportunities brought about by Romania’s National Rural Development Program (PNDR) for 2014-2020. Moreover, consultants say that…more »

Brussels attacks

Romania’s Government proposes 9 pct VAT rate for farming operations

Agriculture June 28, 2016 17:24 0 comments

The PM Dacian Ciolos has announced on Tuesday the Government's plan to cut the VAT rate for farming operations from 20 percent to 9 percent starting August 1.  „We hope that the Ministry of Finance…more »

Romania agriculture outlook: Slow pace in the acquisition of new technologies

Agriculture June 28, 2016 12:25 0 comments BR Exclusive

Investments in technological upgrades are badly needed to take the discussion about Romania’s agriculture from potential to actual accomplishments. This would in turn increase the sector’s profitability and attractiveness to even more investors, BR heard.…more »

Romania hit over 6 pct in the production of fruits and vegetables in the EU, says Eurostat

Agriculture June 23, 2016 13:04 0 comments

Romania harvested over 6 percent of the total amount of fruits and berries and over 7 percent of the total vegetables harvested for the EU in 2015, according to Eurostat. Published on June 22 2016,…more »

low-cost labor

Deputy PM Borc met with the American under-secretary of agriculture

Agriculture June 17, 2016 10:43 0 comments

The deputy-prime- minister Costin Borc discussed on June, 16 with the American under-secretary of agriculture, Michael Scuse, about the possibility of attraction of American investors in Romania, but also about ways of increasing economic and…more »

Minister Irimescu: Romania could impose new rules for acquisition of farmland

Agriculture June 14, 2016 10:56 0 comments

 The minister of agriculture, Achim Irimescu, said on Monday that Romania should pay more attention to the law regarding the farmland acquisitions and impose some requirements, but currently this project is in discussion within the…more »

"achim irimescu"

Chamber of Deputies passes simple motion against Agriculture Minister Achim Irimescu

Agriculture June 08, 2016 19:07 0 comments

  The Chamber of Deputies has adopted a simple motion against Minister of Agriculture Achim Irimescu. The simple motion was initiated by the Social Democratic Party (PSD) and the Alliance of Liberals and Democrats (ALDE).…more »

"supermarket shelf"

Bill forcing retailers to source 51 pct of produce locally gets vote in Parliament

Agriculture June 08, 2016 17:12 0 comments

Romanian MPs have approved on Wednesday a bill that will force large retailers to source 51 percent of the produce from local producers on the short supply chain. The bill, which has to be signed…more »