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DROUGHT

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Social/Politics

Romania To Cut Irrigation Water Prices, Compensate Farmers For Drought-Damaged Crops

The Romanian Government will reduce prices of irrigation water by 50 lei (EUR10.7)/1,000 cubic meters, will allot extra EUR25 million for irrigation projects and will compensate farmers whos...

Ioana Tudor · 24.07.2012 · 15:29 · 1 min
Retail&Consumer

Drought Costs Farmers EUR1.5 Billion In Lost Revenue

The drought will translate into up to 30% lower corn and sunflower crops this year, costing the farmers EUR1.4 billion to EUR1.5 billion in lost revenue, according to ZF estimates based on i...

Loredana Frățilă-Cristescu · 24.07.2012 · 00:00 · 1 min
Energy

Government To Subsidize Irrigation Systems Energy

The Romanian Government will subsidize the energy necessary for the irrigation systems in order to fight the effects of this year's drought, Premier Victor Ponta said Monday.

Manuela Panescu · 23.07.2012 · 21:07 · 1 min
Drought Sends Corn Price Though The Roof
Companies

Drought Sends Corn Price Though The Roof

The drought and high temperatures have already ruined about one third of the local corn crops but the farmers will be able to offset some of the losses as a result of rising quotes.

Radu Bostan · 19.07.2012 · 00:00 · 2 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
Drought Wipes Off EUR2M From Poienaru’s Farming Business
Retail&Consumer

Drought Wipes Off EUR2M From Poienaru’s Farming Business

Agrofarm Holding, one of the top ten agricultural producers on the Romanian market, will record a EUR23 million turnover this year, down 8% on 2011. The turnover decline is due to the drough...

Radu Bostan · 11.04.2012 · 00:00 · 1 min
First Estimates: Drought To Cost Romania 2 Million Tons Of Grain
Retail&Consumer

First Estimates: Drought To Cost Romania 2 Million Tons Of Grain

Romania’s grain production will amount to 19.3 million tons this year, down 1.9 million tons as a result of the decline of wheat and corn crops, according to the March estimates of Coceral,...

Radu Bostan · 10.04.2012 · 00:00 · 1 min
Wind Turbine Transport Becomes Impossible Mission Because Of Danube's Low Levels
Energy

Wind Turbine Transport Becomes Impossible Mission Because Of Danube's Low Levels

Warm winter should be good news for wind farm builders, but this time the lack of rain and snowfall created a problem. Since very big equipment (a wind turbine is around 100-meter tall), is...

Daniela Stoican · 20.01.2012 · 00:00 · 1 min
Rapeseed To Overshoot EUR500/Ton Mark, Wheat Price Unlikely To Rise
Retail&Consumer

Rapeseed To Overshoot EUR500/Ton Mark, Wheat Price Unlikely To Rise

Last fall’s drought has already compromised the better part of Romania's rapeseed crops and there is reason to worry about the wheat crop, too.

Loredana Frățilă-Cristescu · 17.01.2012 · 00:00 · 3 min