FOOD
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Constantin: High Production Costs In Romania Boost Food Prices
Agriculture Minister Daniel Constantin on Friday said production costs in Romania for meat, vegetables and fruits are higher compared to costs in some European countries, which makes import...
Retailers Say VAT Cut For Basic Food Will Reduce Shelf Prices
The recent Government decision to cut the value added tax VAT for the basic food products to 9% as of 2013 will trigger lower shelf prices by the same percent, according to the Association o...
Romanian Employers Say VAT Cut For Basic Foods Will Reduce Prices By 15%
The recent Government decision to cut the value added tax VAT for the basic food products to 9% as of 2013 will trigger a 15% price decrease for these products and a significant reduction of...
Romania To Lower VAT On Food Most Likely In 2013 – Minister
Romania’s budget for 2013 will state a 9% value added tax on food products, Agriculture Minister Daniel Constantin said Tuesday.
Agriculture Ministry To Sponsor Bill Promoting Sale Of Local Produce
Romanian Agriculture Minister Daniel Constantin said Sunday that he will sponsor a bill package to promote Romanian food products and stimulate their sale in hypermarkets.
FOCUS: Imported Foods Sold In Romanian Stores At Prices Almost Ten Times Higher Than Entry Prices
Fruit, vegetables and meat imported to Romania are sold in stores and marketplaces at prices almost two, three and even ten times higher than entry prices and, in some cases, a buyer pays fo...
Ponta Cabinet Eyes Introducing Simplified VAT Scheme For Small Businesses
Romania’s Finance Minister-designate Florin Georgescu on Monday said the new Cabinet plans to introduce a simplified value added tax scheme for small businesses while a decision regarding a...
Romanian Food Prices Nearly Double On Their Way From Producers To Supermarkets
Food prices in Romania nearly double from the time they leave producers until they reach supermarkets and price hikes occur throughout the supply chain, former agriculture minister Stelian F...
Romania’s Agri-Food Products Trade Deficit Narrows 24% In January, To EUR46.4M
Romania’s agri-food products trade deficit narrowed 24.2% in January, to EUR46.4 million, driven by higher exports outside the European Union, according to data released Friday by the Minist...