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CEREAL

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Seed Distributor Biochem Completes Organic Cereal Silo in Tulcea
Companies

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.

Loredana Frățilă-Cristescu · 13.01.2023 · 00:00 · 1 min
Romania Plans To Keep Reverse Taxation On Cereal Until At Least 2018
Social/Politics

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Reverse taxation on cereal trade will no longer be limited in time, as the Romanian government has repealed a legislative provision setting the system would expire on May 31, 2014.

Oana Gavrila · 09.08.2013 · 16:29 · 1 min
Heads Of Three Multinational Cereal Traders Step Down
Companies

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...

Ecaterina Craciun · 19.06.2013 · 09:22 · 2 min
Romania Extends Reverse Taxation System On Cereal, Despite EC’s Opposition
Social/Politics

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...

Ecaterina Craciun · 16.05.2013 · 16:45 · 1 min
EU Denies Romania New Extension On Reverse Taxation System On Cereal
Social/Politics

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...

Oana Gavrila · 07.04.2013 · 14:28 · 1 min
Romania’s Applying Lower VAT On Bread Depends On Reverse Taxation For Cereal
Retail&Consumer

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...

Oana Gavrila · 03.04.2013 · 10:36 · 1 min
Romania’s Grain Production Fell 39% In 2012 To 12.7 Mln Tons
Macroeconomics

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...

Ioana Tudor · 29.03.2013 · 15:43 · 1 min
Grain Exports Through Constanta Port Double In Full Drought: 3.6M Tons In Seven Months
Companies

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...

Radu Bostan · 24.08.2012 · 00:00 · 3 min
Heat Might Cost Farmers EUR1B In Lost Corn Crops
Companies

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...

Radu Bostan · 17.07.2012 · 00:00 · 2 min