AGRICULTURE
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A Happy Entrepreneur: 2011 Was Better Than 2010
Marex Braila, with food industry and farming operations, is set to see turnover rise by 5% this year, to EUR153 million, according to Marin Moraru, the general manager and a stakeholder in t...
Mihai Anghel Gets EUR2.5M From BCR To Buy Farming Land
Mihai Anghel, owner of Cerealcom Dolj and Oltyre, agricultural businesses worth EUR60 million and EUR11.4 million respectively, got a EUR2.5 million loan from BCR bank to buy land.
Land Improvement Administration To Be Restructured, Laying Off 3,500 Employees
Romania's National Land Improvement Administration (ANIF) will be changed from an autonomous administration into a public institution under the Agriculture Ministry, with the name the Nation...
Romania To Pay Farmers EUR3.7M For Losses Caused By E-coli Scare
Romania’s Government decided Wednesday to pay vegetable producers EUR3.75 million to compensate for their losses caused by the E-coli epidemic scare in May-June 2011, said Agriculture Minist...
The Good Farming Year Will Help Economy In 2H. Industry's Contribution Will Diminish
Industry and agriculture were the drivers of GDP growth in the second quarter of the year, a trend anticipated by analysts, who believe the very good farming production will contribute to ac...
2010 Was The Best Year Ever For Grain Traders
Cargill, Alfred C. Toepfer, Ameropa and Nidera, four of the largest grain traders operating in Romania, had their best year ever in 2010, as their local business went up by as much as 200%....
Wheat Producers Await Autumn For Higher Prices
Wheat producer prices ranged from 500 lei (EUR120)/ton to RON1,000 (EUR230)/ton, but many farmers are waiting for autumn and hoping for higher gains. The most expensive wheat in Romania, at...
IFC Might Issue Leu-Denominated Bonds In Romania
IFC, the World Bank’s investment arm, is likely to issue leu-denominated bonds on the Romanian market, should there be any infrastructure projects needing significant funding. Such a move wo...
Analysts: Industry, Agriculture Lifted Romania's Economy In 2Q
Industry was the main economic growth driver in the second quarter, despite at a slower pace, with a boost also coming from agriculture, according to analysts asked by ZF.