AGRICULTURE
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Romanian Agriculture Ministry To Borrow Over EUR300M From Treasury To Pay Subsidies
Romania’s Agriculture Ministry will borrow EUR311 million from the state treasury to pay off subsidies, Prime Minister Emil Boc said late Wednesday.
One Farmer Supplies 20% Of Potatoes Sold By Carrefour
Mihai Mucsi had been working for the Potato Research Center in Targu Secuiesc (central Romania) for 15 years and by 1994 he no longer found “enough satisfaction” in it so that he decided to...
3 Million Farmers Will Check Wheat Price On Bucharest Stock Exchange
The Bucharest Stock Exchange (BVB.RO) on Thursday launches a wheat futures contract that will offer farmers a reference for the price of wheat, which they can use to sell their crop.
How Much Businesspeople Felt The 3% Economic Growth Announced By Basescu For 3Q
The more significant economic growth in the third quarter, estimated at 3%, has been noticed especially by businesspeople working in the agricultural sector, in tourism and in exports, but n...
Third Quarter Macroeconomic Data Restores Analyst Optimism About Full-Year Growth
The better than expected economic growth in the third quarter, which President Traian Basescu puts at 3%, is driving analysts’ estimates for the entire year up towards 2% compared with 1.5%...
Farming Land In Romania Worth EUR25B, One Fifth Of GDP
The more than 13 million hectares of farming land in Romania are worth over EUR25 billion, considering the average price per hectare is almost EUR2,000. The local farming land price is among...
Agriculture Sees Highest Rise In Number Of New Companies In First Nine Months
The number of new companies in the Romanian agricultural sector went up by 130% in the first nine months of this year compared with the same time in 2010. This means the number of companies...
Ciolos: Direct Payments To Romanian Farmers To Rise By EUR3B By 2020
Direct payments to Romanian farmers will increase by about EUR3 billion by 2020, EU Commissioner for Agriculture Dacian Ciolos said Monday.
APIA Completed 99.67% Of 2010 Payments To Farmers
Romania's agriculture support agency (APIA) paid farmers EUR723.5 million this year, accenting for 99.67% of the payments for 2010, APIA general manager Florin Marius Faur said Sunday.