FARMING
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Farming Output Will Breathe Life Into The Economy In 2012 As Well
This year’s grain harvest is estimated at almost 18 million tons, just 7% lower than the record-high 2011 figures. Converted in money, as prices remained high, almost EUR5 billion should go...
Farm Equipment Maker Biso: We Hadn’t Expected Growth Like This In Romania
Agricultural machinery manufacturer Biso, an Austrian company that discreetly entered the Romanian market in 2004, is changing its development strategy in Eastern Europe as a result of the f...
Barley Price Provides First Indication of This Year’s Harvest
Barley, which makes an EUR250 million market, traditionally less important than the wheat and corn market, is gives the first indication of the prices of agricultural raw material this year.
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,...
Grain Trader UGG Plans Farming Business
United Grain Group, one of few grain traders built by a Romanian entrepreneur, plans to take the first step towards farming by acquiring 2,000 hectares of land and to expand throughout the e...
Romanian Firm To Build Farm Machinery Factory In Gura Humorului, Suceava County
Bucovina Vehicles SA, a Romanian company whose shareholders include PDL senator Sorin Fodoreanu, plans to build a farm machinery factory in Gura Humorului, Suceava county.
Foreigners May Buy Romanian Farmland Starting 2014
Foreign investors will be able to buy farmland without restrictions as of 2014, given that extending the restrictions would entail a modification of Romania’s EU accession treaty.
Tabara Suggests 10% VAT On Farming Products
Romania should reduce the VAT on farming products from 24% to 10%, to lower food prices and prevent tax evasion, Agriculture Minister Valeriu Tabara said Thursday in a press conference.
Why The Largest Tractor Dealer In The US Came To Romania
Titan Machinery, the largest dealer of farming equipment in the US, which recently entered Romania through the acquisition of Agroexpert Timisoara, chose the local market as its first expans...