CEREAL
14 articole · RSS
Seed Distributor Biochem Completes Organic Cereal Silo in Tulcea
Biochem (Constanta), which distributes cereal seeds, pesticides and fertilizers to Romanian farmers, has completed the construction of a center for the storage of organic cereals in Lunca, Tulcea County, a project carried out with European funds.
Romania Plans To Keep Reverse Taxation On Cereal Until At Least 2018
Reverse taxation on cereal trade will no longer be limited in time, as the Romanian government has repealed a legislative provision setting the system would expire on May 31, 2014.
Heads Of Three Multinational Cereal Traders Step Down
Cezar Gheorghe, the CEO of Ameropa Grains (with EUR198 million sales last year), Victor Beznea, head of Nidera Romania (estimated turnover of EUR85 million last year) and Tsvetan Iliev, gene...
Romania Extends Reverse Taxation System On Cereal, Despite EC’s Opposition
Romania’s Lower Chamber has recently approved an ordinance extending for another year the interval in which the country may apply reverse taxation on cereal, although the European Commission...
EU Denies Romania New Extension On Reverse Taxation System On Cereal
The European Commission has rejected Romania’s request to continue applying a reverse taxation system on cereal beyond June 1 this year, saying the procedure must not be used systematically...
Romania’s Applying Lower VAT On Bread Depends On Reverse Taxation For Cereal
Romania’s Government will decide whether to apply a lower sales tax, of just 9% instead of 24%, on bread alone or the entire wheat-bread chain depending on the European Commission’s plans re...
Romania’s Grain Production Fell 39% In 2012 To 12.7 Mln Tons
Romania’s corn and wheat production fell 52% and 28.4%, respectively, last year and the crop yield was the lowest in the European Union despite the country’s large cultivated areas, statisti...
Grain Exports Through Constanta Port Double In Full Drought: 3.6M Tons In Seven Months
Exports of wheat, corn and barley made through the port of Constanta, the leading hub through which Romania sends grains abroad, reached 3.6 million tons after the first seven months of the...
Heat Might Cost Farmers EUR1B In Lost Corn Crops
Romanian farmers announce significant declines estimated at 30% to 35% for the corn production less than three months before harvesting time as a result of the high temperatures this spring...