FOOD
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Agriculture Minister: Food Exports Should Target Asian Market
Exports of agri-food products will exceed imports only in 2014, when exports of processed products are expected to rise, while the current bet is on exports to Asian markets, where local pro...
Former Teacher Turned Entrepreneur: Turnover Of RON280M From Retail And Meat Processing
A former teacher from Ramnicu Valcea, Dumitru Craciunescu, has in the last two decades created a RON280 million (EUR63.8 million) business with a chain of 27 food stores under the DIANA bran...
Romania’s 2011 Trade Balance Deficit In Farming Products Down 48.5% On Year, To EUR376M
Romania’s trade balance deficit in agricultural products saw a 48.5% decrease on the year in 2011, to EUR376 million, on the backdrop of higher exports, mainly with maize and sunflower seeds...
Food Retail Up, Fashion And Cosmetics Down In January
Consumption showed the first signs of rebound in the last quarter of last year and pursued an even faster rise in 2012. The almost 10% increase came from food retail, which was helped by the...
Romania Has No Plans To Reduce VAT On Food - Agriculture Minister
Cutting the VAT on food products is not on the Romanian Government's agenda for this year, since the current economic context does not permit fiscal relaxation, Agriculture Minister Stelian...
Ialomitianu: Government Has No Intention To Reduce VAT On Food
Romanian Finance Minister Gheorghe Ialomitianu on Friday said the Government has no intention to reduce the value added tax, including for food products, adding the reduction of social secur...
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.
Milk And Eggs Became 20% More Expensive In 2011
The prices of food staples went up by 2.1%, shows the ZF index computed based on prices in Bucharest hypermarkets. The basket consisting of 15 basic products cost as much as RON97 (EUR22.5)...
Small Delicacy Stores, Or How To Draw Customers Away From Supermarkets
The niche of delicacy stores is starting to take shape on the Bucharest market, as small businesses seek to persuade consumers that they offer a viable alternative to the mass products found...