AGRICULTURE
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Finance Ministry Admits Agriculture Is Not Taxed, So It Cannot Raise Budget Collections
After years in which the authorities and politicians have just talked about taxing agriculture, the Finance Ministry readily admits “agriculture is less taxed than the rest of economic secto...
First Estimates: Drought To Cost Romania 2 Million Tons Of Grain
Romania’s grain production will amount to 19.3 million tons this year, down 1.9 million tons as a result of the decline of wheat and corn crops, according to the March estimates of Coceral,...
Agriculture Minister: Food Exports Should Target Asian Market
Exports of agri-food products will exceed imports only in 2014, when exports of processed products are expected to rise, while the current bet is on exports to Asian markets, where local pro...
FirstFarms Seeks Growth Through Mergers With Other Danish Agricultural Projects In Romaina And Slovakia
FirstFarms, a company held by Danish investors, which operates a 7,500- hectare farm near Buzau (SE Romania), wants to merge with other Danish companies operating in the field of agriculture...
CEC Bank Granted Farmers Over 10,000 Loans Worth EUR20M In 2012
Romania’s state-owned lender CEC Bank granted farmers 10,294 loans worth nearly EUR20 million in the first three months of 2012, CEC Bank president Radu Ghetea said Friday at the conference...
Romania Would Be Better Off Exporting Food Instead Of Raw Materials - Agriculture Minister
Romania could have a positive trade balance in the farming sector if it exported food products, with added value, instead of raw materials for food products, Agriculture Minister Stelian Fui...
Make Agriculture Your No. 1 Priority And Take Advantage Of Mineral Reserves, Says Markets Guru
US billionaire Jim Rogers, 69, one of the most influential voices in the global business world, who says the time of financial sophistication is over and bets on a return of manufacturers of...
Government To Set Up Credit Fund To Help Farmers Co-Finance EU-Funded Projects
The Romanian Government will create a credit fund meant to help farmers who want to carry out EU-funded projects co-finance investments, according to a draft emergency ordinance.
Vegetable Oil Producers Use Silos As Protection Against Price Increase
The top ten players on the vegetable oil market can store 1.6 million tons in silos, i.e. over 80% of last year’s sunflower harvest, according to data from the Agriculture Ministry.