AGRICULTURE
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Top Three Grain Farmers in Romania See RON1.7B Revenue In 2018
Agro Chirnogi, Cerealcom Dolj and Agricost are the largest grain farmers in Romania in 2018, having posted 1.7 billion lei (EUR359 million) revenue last year, down 1.2% over 2017.
Bogdan Neacsu: CEC Bank Granted RON3B Loans Since Start Of 2019; Eyes Top 5 Spot Among Largest Banks In Romania
CEC Bank, one of the two banks held by the Romanian state, has granted loans worth approximately RON3 billion so far in 2019 and aims to be ranked among the top five largest banks in Romania...
Rodbun Expects RON600M Revenue and At Least 30% Growth in 2019
Rodbun Grup, one of the largest Romanian agricultural businesses, which has input wholesale and grain trading operations, posted about 450 million lei (EUR95 milion) revenue in 2018, 32% mor...
OTP Bank Romania Doubles Financing for Agriculture in 2018
OTP Bank Romania posted 112% growth in the volume of financing it granted to the agriculture sector in 2018, driven by high demand for pre-financing of agriculture subsidies and loans for in...
Romanian Agriculture Sector Accounted for 4.3% of GDP Growth in 2018
The Romanian agricultural sector contributed 4.3% of the country's economic growth in 2018, compared with 4.4% in 2017, according to a study by Euler Hermes.
EIB Grants EUR450M Loan For Romania’s Rural Development Program
The European Investment Bank (EIB) on Monday said it is lending EUR450 million to Romania to finance its national contribution to the implementation of the Romanian Rural Development Program...
Romania Eligible For Advance Payment Of EU Agriculture Grants
Romania is among the eligible countries for upcoming measure prepared by the European Commission, which intends to make bigger advance payments of its agricultural grants due for October.
Insurer Gothaer Paid Claims of Over RON13M to Farmers in 2017
Insurer Gothaer Asigurari Reasigurari paid claims of over RON13 million to farmers in 2017 for crop, livestock, and poultry damages, the company said in a press release Thursday.
Romania Imports EUR14.5M Worth Of Garlic
Romania imported more than 65 million lei (EUR14.5 million) worth of garlic last year, five times more than it imported five years ago, according to Eurostat data. About 5,300 tons of garlic...