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Italians Own 220,000 Ha Of Farmland In Romania
Companies

Italians Own 220,000 Ha Of Farmland In Romania

Italian investors control farms operating lands with an overall area of around 220,000 hectares in Romania, namely a quarter of the total area held by foreign players in the agricultural fie...

Catalina Apostoiu · 25.02.2014 · 00:00 · 3 min
Government To Guarantee 80% Of A Romanian Company’s Investment In Moldova
Social/Politics

Government To Guarantee 80% Of A Romanian Company’s Investment In Moldova

Government will guarantee 80% of each Romanian company’s investment in the Republic of Moldova, assigning 1 billion lei (EUR20.4 million) in this respect for 2014, Prime Minister Victor Pont...

Gabriela Stan · 21.02.2014 · 15:07 · 1 min
Turmoil In Romania's Biggest Neighbor Could Destabilize Entire Region
Social/Politics

Turmoil In Romania's Biggest Neighbor Could Destabilize Entire Region

The turmoil in Ukraine, where more than 100 dead had been reported by Thursday night and political violence seems to have no end in sight, is not affecting Romania economically (its exports...

Loredana Frățilă-Cristescu · 21.02.2014 · 06:16 · 2 min
EU: Romania Should Grant Incentives To CFR For Cutting Charges
Automotive

EU: Romania Should Grant Incentives To CFR For Cutting Charges

The European Commission Thursday asked Romania to observe EU legislation, providing financial equilibrium of the main Romanian infrastructure manager, by granting incentives in order to redu...

Gabriela Stan · 20.02.2014 · 15:38 · 1 min
Minister: Agriculture Support Agency Paid RON3.5B To Farmers So Far This Year
Social/Politics

Minister: Agriculture Support Agency Paid RON3.5B To Farmers So Far This Year

Romania’s Agriculture Minister Daniel Constantin Thursday said the country’s agriculture support agency APIA paid 3.56 billion lei (EUR0.78 billion) to farmers this year, which accounts for...

Ecaterina Craciun · 20.02.2014 · 15:05 · 1 min
Ponta Sacks CEC Bank’s Chief
Banks-Insurance

Ponta Sacks CEC Bank’s Chief

Radu Ghetea will be dismissed as head of Romania’s state-run CEC Bank, Prime Minister Victor Ponta said Thursday.

Florentina Dragu · 20.02.2014 · 14:44 · 1 min
Constantin: Chinese Investors In Talks To Buy Farms In Romania
Social/Politics

Constantin: Chinese Investors In Talks To Buy Farms In Romania

Romania’s Agriculture Minister Daniel Constantin said Thursday that Chinese investors are close to acquiring several farms in Romania, mainly dairy and vegetable farms.

Ecaterina Craciun · 20.02.2014 · 13:54 · 1 min
EBRD Grants EUR11.8M Loan For Water And Sewage Works In Southern Romania
Banks-Insurance

EBRD Grants EUR11.8M Loan For Water And Sewage Works In Southern Romania

The European Bank for Reconstruction and Development will lend EUR11.8 million to water utility Apa Canal 2000 to co-finance upgrades on water and sewage systems in Arges county, Romania.

Oana Gavrila · 17.02.2014 · 18:11 · 1 min
Farming Sector Contributed Half Of 2013’s Economic Growth
Macroeconomics

Farming Sector Contributed Half Of 2013’s Economic Growth

Agriculture generated almost half of Romania’s surprising economic growth of last year, 3.5%, after the gross value added in the farming sector increased by 23% year-on-year, according to Eu...

Loredana Frățilă-Cristescu · 17.02.2014 · 00:00 · 2 min