AGRICULTURE
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BayWa Leaves Romanian Grain Trading Market After Growing Business To EUR100M
BayWa, the largest agricultural cooperative in Germany, is restructuring its grain trading business in Romania, after only two years, during which it saw record growth to EUR100 million.
KeysFin: Romania, EU’s Main Cereal Exporter
End-May 2017, Romania became the main cereal exporter in the European Union, as local companies exported 7.15 million tons of grain from the 2016-2017 harvest, of which, over 5 million tons...
Romania’s Agricultural Product Exports Up To EUR3.75B In 2016
Agricultural product exports increased by almost 12% to nearly EUR3.75 billion last year, the highest increase in four years. The agricultural and hunting products category as the National S...
Gothaer Asigurari: Over 75,000 Hectares In Romania Affected By Hail And Storms In 2016
Over 75,000 hectares of farmland in Romania have been affected this year by hail, storms and floods, compared to some 15,000 hectares in the previous agricultural year.
BCR Grants Farmers Financings Of Up To 90% Of Subsidies’ Value
Farmers in Romania can receive financings from Banca Comerciala Romana (BCR) of up to 90% of the value of subsidies they are going to cash from the agriculture support agency APIA, following...
SIFI TM Agro Opens Largest Logistics Hub For Agricultural Products In Romania
SIFI TM Agro company is opening the largest logistics hub for agricultural products in Romania, in Carani, near the western city of Timisoara, the company said in a statement Friday.
CITR: Insolvency Numbers In Agriculture Sector Up 34-Fold In 1H/2016
The Romanian agriculture sector was highly affected by insolvency in the first six months of 2016, as the number of companies with major impact on economy that went insolvent rose 34-fold fr...
Romania’s Potato Harvest 15% Lower In 2016
Romania’s potato harvest will be about 15% lower this year, after humidity in the spring helped the diseases specific to this crop develop, and also because of the drought, says Gheorghe Bot...
Dumitru: Agriculture To Contribute Around 0.25% To Romania’s GDP Growth In 2016
Romania’s agricultural output might rise by 5%-10% in 2016, therefore its contribution to the country’s gross domestic product will reach nearly 0.25%, said Ionut Dumitru, chief economist at...