FARM
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Premium Porc Invests EUR35M In New Farms In Romania
Danish-held Premium Porc group, which has agribusiness and swine farming operations, expects EUR53 million sales in 2016, up 10% year-on-year, its officials say.
Indian Business Dynasty Buys Operations Of Romanian Farmer
The Gupta family, one of the most powerful business dynasties in India besides Lakshmi Mittal’s, has bought two farms totaling 2,500 hectares of land in Contesti, Teleorman (southern Romania...
Romania Ranks Last But Two In Europe By Average Farm Size
Romania ranks last but two in Europe by average farm size, with 3.4 hectares, while the potential of Romanian agriculture can be improved by farmland pooling, agriculture minister Daniel Con...
Transavia Sets Up Two More Produce Farms, Invests EUR5M In Farming Equipment
Transavia, the biggest poultry meat producer in Romania, has set up two new produce farms and invested EUR5 million in the purchase of farming equipment, the company said Wednesday.
Agrofam Owner Enters Organic Goat Cheese Niche, Gives Up Online Store
Stefan Poienaru, owner of major farming group Agrofam, has given up his online store selling meat and dairy products two years after launching it and now plans to focus exclusively on the pr...
Tnuva Cows Sold At 80% Discount
The 900 cow farm that Israeli-held dairy company Tnuva had in Adunatii Copaceni (south of Bucharest) was bought by Romanian businessman Marin Boraciu and Valentin Istrate, the farm veterinar...
Finance Ministry Admits Agriculture Is Not Taxed, So It Cannot Raise Budget Collections
After years in which the authorities and politicians have just talked about taxing agriculture, the Finance Ministry readily admits “agriculture is less taxed than the rest of economic secto...
7,000 Individual Farmers Own 8% Of Romania’s Arable Land
Almost 7,000 individual farmers together exploit 700,000 hectares of land, i.e. 8% of the arable land in Romania, according to data of the Agriculture Ministry. The business done by these pe...