AGRICULTURE
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Leading Mobile Phone Distributor Invests In Farmland
One of the most powerful entrepreneurs in Romania’s IT industry – the owner of mobile phone and tablet distributor Gersim, Dan Stefanescu, has discretely become one of the biggest owners of...
Lending To Agriculture Sector Sees Highest Growth Rate In 2015
Loans to the agricultural sector saw the fastest increase in January-November 2015, compared with the same time in 2014, 8%, while other sectors like industry and services saw only modest in...
Agriculture The Only Sector To See An Increase In Loans YoY
Agriculture is the only sector that had borrowed more money by the end of October compared with October last year (a 2% increase in loans taken), while the rest of the sectors (industry, ser...
Combine Market To Reach EUR40M In Romania In 2015
Sales of combines will reach more than EUR40 million in Romania this year, if taking into account at an average price of EUR80,000 per unit, based on importer data.
Romania May Lower VAT On Water To 9% To Support Agriculture - Minister
The Romanian Government is likely to lower the value added tax on water as well, from the current 24% to 9%, in a bid to support the country’s agriculture, mainly the irrigation sector, Fina...
Romania Gets EUR11.1M In EU Funds To Support Farmers
Farmers in Romania will receive funds worth EUR11.1 million from the European Commission within its EUR500 million support package for European farmers affected by the decline in dairy and p...
Altius Fotovoltaic Working Hard To Keep Up With Solar Panel Demand
Photovoltaic panel manufacturer Altius Fotovoltaic is working hard to keep up with demand from abroad and the significant interest in the sector from industrial companies in Romania, says ch...
Insurers No Longer Willing To Cover Drought-Related Damages On Calamity Purposes
Romanian insurance companies are no longer willing to cover drought-related damaged mainly due to the catastrophic nature of the phenomenon, the large affected areas, the high probability to...
Isarescu: No Negative Impact On Wheat Production, But Corn, Potato And Sunflower See ‘Large’ Decline
Romania’s wheat production will not see a decline this year, but the corn, potato and sunflower production sees a "substantial" decrease, Romanian central bank governor Mugur Isarescu said T...