AGRICULTURE
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From Almost 30 In Early ‘90s, Romania Has Only 8 Farming Equipment Manufacturers Left
The Romanian industry of farming equipment relies on just eight manufacturers, while 23 years ago, when communism collapsed, there were almost 30 manufacturers, says Ion Pirna, general manag...
Farmers May Be Allowed To Use Farmland As Collateral On Bank Loans
Agriculture Minister Daniel Constantin on Thursday said ministry officials are in talks with bank representatives as regards allowing Romanian farmers to purchase farmland and use it as coll...
Major Farmers Rent Government Land Almost For Free
One hundred Romanian farming companies have leases signed with the State Property Agency for 220,000 hectares of land, most of them for 49 years.
Farmers Set To Harvest EUR4.5B Worth Of Grains
Romanian farmers will harvest between 18 and 19 million tons of grains in 2013, 50% more than last year, but nowhere near the 40 million-ton production potential of local agriculture.
CEC Bank VP: Romania Needs Public-Private Partnership To Develop Its Irrigation Infrastructure
The lack of irrigation infrastructure in Romania has taken its toll on the country this year, but the irrigation system can be developed based on a public-private partnership, Monday said Mi...
Fiscal Code Sets New Tax Norms For Farmers
Romanian farmers will pay taxes only for the number of animals, fowls and hectares of land exceeding the settled limits for the revenues that are not subject to taxes, according to the new F...
Owner Of Bata Franchise Wants To Go Into Agriculture Or Production
Romanian businessman Eugen Paturan, who owns with his wife the franchise for footwear retailer Bata for the local market, is seeking investment opportunities in agriculture and production af...
Farmers To Pay 16% Tax On Income From Animal Breeding
Romanian farmers who obtain income from animal breeding will pay a 16% tax charged on the annual net income, according to a government decree amending the Tax Code, which will take effect on...
Porumboiu: Romania Can Raise EUR9B To The Budget From Selling Farmland
Romania can raise EUR9 billion to the budget if it sells the 300,000 hectares of arable land currently administered by the Agency For State Domains, according to one of the largest investors...