AGRICULTURE
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Lebanese Farming Entrepreneur Jihad El Khalil Announces EUR22M Investment
Businessman Jihad El Khalil, one of the leading farmers in Romania, announced investments worth EUR22 million in an alfalfa bale processing facility and a vegetable oil plant.
Romania Overtakes Italy In Grain Production Ranking In 2013
Romania’s grain production estimated at 17.4 million tons will be 3% higher than Italy’s this year, putting the country on the sixth place among European producers.
Romania To Set Up Agriculture Mutual Funds Extending Risk Coverage
Romania will set up agriculture mutual funds to take up risks insurers do not cover, according to an emergency ordinance approved by the Government Wednesday.
Romania’s Low Agricultural Yields Due To Tractor Density
The agriculture sector, which generates 6% to 7% of Romania's gross domestic product, has a density of only 20 tractors per 1,000 farmers. This is seventy times lower than France, the Europe...
Ponta Says Romania Will Continue To Apply Reverse Taxation On Cereal
Prime Minister Victor Ponta on Monday said Romania will continue to apply reverse taxation on cereal, which will allow it to step up efforts to fight tax evasion in the agricultural sector.
Romania May Increase Minimum Area Of Farmland Eligible For EU Funding
Romania might increase the minimum area of land for which farmers receive European subsidies from 1 hectare to 1.5 hectares starting 2014, which will affect over 200,000 farmers, Agriculture...
Romania Sets Up Fund Granting Microloans Of Up To EUR75,000 To Farmers
Romania’s Agriculture Ministry will set up a fund to grant microloans of up to EUR75,000 to farmers, according to an emergency ordinance approved by the Government Wednesday.
Banks To Distribute Farming Subsidies Considering Agriculture Lending
Banks will broker the distribution of farming subsidies considering their market share on the agriculture lending segment, Romanian Agriculture Ministry secretary of state Achim Irimescu tol...
Agriculture Minister: Romania Imports Produce Although Local Production Exceeds Demand
Romania’s fruit and vegetables production exceeds demand but a part of it gets lost on the way, Agriculture Minister Daniel Constantin said Tuesday.