AGRICULTURE
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Agro Chirnogi Reaps 5 Tons Of Wheat Per Hectare, Double The Market Average
Agro Chirnoghi, part of the Maria group controlled by a group of Lebanese businessmen, has, thanks to irrigation, managed to obtain an average production of 5 tons of wheat per hectare, down...
This Year’s Deals Show What Romanian Sectors Will Develop: Agriculture, Energy And IT&C
Agriculture, renewable energy and IT&C have been the most attractive sectors for foreign investors this year, which spent several hundreds of millions of euros to enter Romania.
Farmers To Receive Compensations For Drought-Hit Crops – Minister
Small- and medium-sized enterprises (SMEs) in the agriculture sector, whose wheat and sunflower crops were affected by drought, will receive compensations covering 80% of damages, while smal...
Romania Wants To Cut VAT For Basic Foods To 9% As Of 2013
Romania's Government decided to cut the value added tax VAT for the basic food products from 24% to 9% as of 2013, as part of a package of measures for the agricultural sector, official sour...
Romania’s 2011 Farming Output Up 9% To RON76.5B
Romania’s farming production rose to 76.5 billion lei (EUR16.64 billion) in 2011, up 8.9% from 2010, of which crop production amounted to RON54.1 billion, accounting for 70.8%, up 13% from 2...
Cargill And Toepfer Together Post EUR1B Turnover
US grain traders Cargill and Alfred C. Toepfer, the top two players on the local market of farming raw materials, last year managed to post turnover of EUR1.1 billion together, Trade Registr...
Farming Output Will Breathe Life Into The Economy In 2012 As Well
This year’s grain harvest is estimated at almost 18 million tons, just 7% lower than the record-high 2011 figures. Converted in money, as prices remained high, almost EUR5 billion should go...
Romanian Entrepreneur Makes EUR125m From Grain Trade
Brise Group SRL, a company based in Constanta (SE Romania) and held by Catalin Bucur, emerged as the largest grain trader owned by a Romanian entrepreneur last year. It posted EUR125 million...
Caussade GM: Agribusiness Profits Attract Investors Like Magnet
The investors who had nothing to do with farming three or four years ago are now rushing to start a business in the sector, attracted by the high prices of agricultural raw materials that ge...