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BayWa Buys Romanian Grain Trader
Companies

BayWa Buys Romanian Grain Trader

Germany’s largest agricultural cooperative, BayWa, has bought 90% in Patberg International, a business started from scratch by a group of former employees of grain trader Nidera in Romania.

Loredana Frățilă-Cristescu · 22.03.2015 · 14:48 · 1 min
Grain Trader Exports Reach EUR500M In July
Companies

Grain Trader Exports Reach EUR500M In July

Grain and oilseeds traders exported 2.6 million tons through the Constanta harbor in July, a record high for the month in eight years.

Loredana Frățilă-Cristescu · 20.08.2014 · 10:25 · 1 min
Nidera To Pay EUR50M For Black Sea Access Via Constanta Harbor
Companies

Nidera To Pay EUR50M For Black Sea Access Via Constanta Harbor

Grain trader Nidera, held by China’s COFCO, will take over 51% in harbor operator United Shipping Agency, owned by Romanian entrepreneurs Catalin Trandafir and Mihai Felescu.

Loredana Frățilă-Cristescu · 06.08.2014 · 00:00 · 2 min
Louis Dreyfus Returns To Romanian Grain Trade
Companies

Louis Dreyfus Returns To Romanian Grain Trade

French-held Louis Dreyfus group, one of the four largest grain traders in the world, has returned to agricultural trade in Romania after winning a $15.7 million auction to supply 60,000 tons...

Loredana Frățilă-Cristescu · 03.07.2014 · 00:00 · 1 min
Vitol Buys EUR20M Worth Of Electricity From CE Oltenia
Energy

Vitol Buys EUR20M Worth Of Electricity From CE Oltenia

Vitol, one of the world's largest energy and commodity traders, which discreetly entered the Romanian energy and gas market last year, has made its first purchase on the local power exchange...

Loredana Frățilă-Cristescu · 23.06.2014 · 23:00 · 1 min
Traders Busy Selling Romanian Wheat Amid Bumper Crop Expectations
Companies

Traders Busy Selling Romanian Wheat Amid Bumper Crop Expectations

Traders Cargill and Nidera have signed contracts to export 120,000 tons of Romanian wheat to Egypt even before the local farmers got a chance to harvest it, based on expectations of a bumper...

Loredana Frățilă-Cristescu · 16.06.2014 · 00:00 · 1 min
Ten Largest Grain Traders In Romania Tripled Revenue In Five Years
Companies

Ten Largest Grain Traders In Romania Tripled Revenue In Five Years

Alfred Toepfer (US), Cargill (US), Ameropa (Switzerland), Glencore (Switzerland), CHS (US), Bunge (US), Nidera (China) and three more companies are calling the shots on the Romanian grain tr...

Loredana Frățilă-Cristescu · 09.06.2014 · 00:00 · 2 min
New-Crop Wheat To Sell For RON850/Ton At Best
Companies

New-Crop Wheat To Sell For RON850/Ton At Best

The new-crop wheat to be harvested in mid-July will go on sale starting from an upper threshold of 850 lei (EUR192) per ton. The summer price will then go down as a result of abundant harves...

Loredana Frățilă-Cristescu · 16.05.2014 · 00:00 · 3 min
OET: Competition To Allow Consumers To Demand Lower And Lower Prices
Energy

OET: Competition To Allow Consumers To Demand Lower And Lower Prices

Competition among suppliers on the energy market will allow consumers to demand lower and lower prices, and producers will be pressured to cut prices, even below generation costs, says Georg...

Loredana Frățilă-Cristescu · 02.05.2014 · 00:00 · 2 min