Agriculture - Business Review


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 »

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 »