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Agriculture

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Ameropa’s Chimpex takes out EUR 27 mln from BCR for new cereals silo

Agriculture March 16, 2016 17:46 0 comments

Constanta-based port operator Chimpex, owned by fertilizer and cereals trader Ameropa, has received a EUR 27 million loan from BCR. The company said the loan contract will run for 10 years and will be used…more »

biggest deals agribusiness and forestry

Biggest deals of 2015 in Romania | Agribusiness & Forestry

Agriculture March 14, 2016 11:02 0 comments BR Exclusive

Here are the main deals in the agribusiness and forestry sector that were registered last year. For a forecast regarding the M&A market this year, you can read this exclusive article.   AGRIBUSINESS Transaction: Nidera buys…more »

Romania’s Sibiu Salamy gets EU protection

Agriculture February 19, 2016 17:37 0 comments

The European Commission, the executive arm of the EU, has granted the protected geographical indication (PGI) for "Salam de Sibiu", a dried raw salami with noble mould.  This is the second product that gets the…more »

EU agriculture

Romania was EU’s fifth cereal producer in 2014

Agriculture February 18, 2016 17:25 0 comments

With a record amount of 331.7 million tons of cereals (including rice) harvested in 2014 across the EU bloc, Romania was the fifth largest cereal producer with 22.1 million tons, according to data from Eurostat,…more »

farming subsidies

Subventions will become available to farmers in debt

Agriculture February 18, 2016 12:32 0 comments

Certificates required by farmers to obtain subsidies will not be subject to any existing debt to the local budget, the Agrostar Federation announced after a meeting with the Ministry of Agriculture and Rural Development (MADR).…more »

Cargill

Cargill exits crop input business in Romania on regional shift to origination

Agriculture February 17, 2016 17:58 0 comments

Cargill, US based agriculture products provider, announced its plans to exit the crop input business in Romania, along with the other countries in the CEE region it activates in, namely Hungary, Russia, Slovakia, Ukraine, Bulgaria…more »

Anholt Services Southern Harvest

US investment fund buys 2,700 ha of organic farmland in Romania

Agriculture February 12, 2016 18:08 0 comments

Southern Harvest, a subsidiary of Anholt Investments, has added a total of 2,700 ha of land to its Romanian portfolio via two separate acquisitions, company representatives announce. The two plots increase the company’s footprint locally…more »

2015 in review: Drought withers grain production

Agriculture December 30, 2015 14:39 0 comments BR Exclusive

The effects of unfavorable weather conditions on agricultural output, and the launch of the first calls for projects under the new NPRD, have been the main developments for the local agribusiness sector in 2015. Simona…more »

Supremia Grup

Food ingredients producer Supremia Grup post a 10 pct rise in turnover y-o-y

Agriculture December 15, 2015 14:02 0 comments

Romanian food ingredients producer Supremia Grup posted a 10 percent increase in turnover year on year, rising to EUR 35 million in 2015, Levente Hugo Bara, its owner winning the EY Entrepreneur Of The Year…more »

Toneli

Toneli invests EUR 700,000 in chicken farm at Gaesti

Agriculture December 10, 2015 18:37 0 comments

Toneli Holding, local egg producer, has invested EUR 700,000 in a chicken farm at Gaesti, Dambovita county, company representatives announce. This investment increased the farm’s capacity to 18,850 egg-laying hens, producing about 14,800 eggs a…more »