Romania is going through its best agricultural year in history. Record production of wheat and maize places agricultural turnover close to EUR 8 billion, KeysFin experts say in an analysis of business developments in the sector. Data from the Agriculture Ministry shows that this year’s wheat production is more than 200,000 tonnes higher than last year, exceeding 10 million tonnes, while maize would be between 14.5 and 15 million tonnes, compared to just 11.8 million tons to be harvested in France.
BIO FARM CRUCEA SRL quality management system has continually improved to ensure the reliability of Bio Suisse certification as well as conformance to all accreditation requirements in organic agriculture.
UAE’s Al Dahra, the owner of Agricost and its concession of the Big Island of Braila – Europe’s largest consolidated farm -, plans to invest another USD 500 million in Romania in the next five years, in various sectors. Continue Reading…
Romania has received a loan of EUR 450 million from the European Investment Bank (EIB), via the Rural Development Program. The announcement was made by the institution on Monday September 16th, in Luxembourg. Continue Reading…
Romania is among the few countries in the European Union to post “excellent” maize crop this year, as production in many regions is affected by hot and dry weather over the summer, while poor quality offsets Romania’s large wheat output, according to French consultant Consultancy Strategie Grains, cited by Reuters. Continue Reading…
For the first time in recent history, Romania had a harvest of wheat with over 10.2 million tonnes, according to the Prime Minister Viorica Dancila. She mention this at the beginning of the Government meeting on Wednesday and said that is due to the measures of support for farmers. Continue Reading…
he European Commission is considering awarding a higher level of advances for direct payments to Romanian farmers, from 50 to 70 percent, as well as for certain rural development measures in Romania, from 75 to 85 percent, according to a statement by the Agriculture and Rural Development Ministry (MADR). Continue Reading…
Agricultural land in Romania is the cheapest in Europe, according to an Eurostat report. Thus, at the level of 2016, the average price of one hectare of agricultural land was EUR 1,958, while the average in the Netherlands was over 31 times higher, amounting to EUR 63,000 euros. But, things are getting better. Continue Reading…
Eurostat, the statistics office of the European Union, shows that one third of EU’s farms were located in Romania in 2016, while another third being found in Poland, 14 percent, Italy, 10 percent in 2013, and Spain with 9 percent. Continue Reading…