AGRICULTURE
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Number of Authorized Private Individuals Up by a Third in Jan-Oct 2021
More than 25,000 PFAs (authorized private individuals) were set up in the first ten months of this year, 31% more than in the same period of last year.
Agricover Credit IFN Gets EUR7.5M from EIB for Loans to Farmers
Non-bank financial institution Agricover Credit IFN has received EUR7.5 million from the European Investment Bank, the second tranche of a EUR15 million loan agreement signed in 2020.
Lending to Agriculture Sector Up Over 12% in August
Lending to agriculture sector rose by 12.4% at the end of August 2020 compared with the year-ago month, tripled the total private lending growth rate, Romania’s central bank data show.
Turkey's TC Capital Buys 6,550 Ha Farm in Western Romania for EUR23.5M
Turkish private equity firm TC Capital is investing EUR23.5 million in acquiring a grain and oil-seed farm in Buzias, Timis county, western Romania.
Cargill Agricultura Revenue Up 8% to RON3B in 2019
Cargill Agricultura, one of the largest grain traders in Romania, ended 2019 with 3 billion lei revenue, an increase of 8% on the previous year, but remained in the red, Finance Ministry dat...
Holde Agri Invest To Acquire Agromixt Buciumeni
Holde Agri Invest SA, a Romanian company operating farmland, announced it has signed a deal to acquire 100% of Agromixt Buciumeni, which works farmland in Calarasi county, southern Romania.
Eurostat: Romania’s Calarasi, Ialomita Place 3rd, 7th In European Top Of Agriculture’s Share In Local Economy
Romanian counties of Calarasi and Ialomita are ranked among top European regions regarding the share held by agriculture in the region’s gross value added, placing third and seventh in the E...
Diverta Bookstore Chain Owner Octavian Radu Invests in Blueberry Farm
Businessman Octavian Radu, who owns several businesses, among which bookstore chain Diverta, has recently invested in agriculture, in a 16-hectare blueberry farm to be precise.
KeysFin: Romanian Agriculture Sector To Grow 5% in 2019, to RON45M
The total turnover of businesses in the Romanian agriculture sector is seen reaching RON45 million by the end of this year, 5% higher than in 2018, according to estimates by KeysFin.