Agriculture

Romania has registered record rapeseed yield in 2014 which exceeded 1 billion tons, the largest harvest since 1970, according to the preliminary data from the Ministry of Agriculture and Rural Development....more »

Four of the largest hypermarket chains in Romania are extending their product range by including a selection of more than 35 vegetables provided by domestic producers. Over 200 farmers in southern Romania will supply starting June, about 10,000 tons of vegetables to hypermarkets across the country under the new programme, “Dor de gust”, launched by producers and merchants for promoting domestic production, announces Agerpres....more »

The European Investment Bank (EIB) announced it has concluded a loan agreement to provide 300 million euro financing for priority projects under the Romanian Rural Development Programme for 2007-2013. Main areas targeted are afforestation, improvement of forest management and protection and small-scale rural and agricultural infrastructure investments....more »

Last year’s boost in agricultural production is little likely to occur again, not because the potential lacks, but because Romania’s agriculture is still weather-dependant. The agribusiness sector had a positive impact on the country’s economic growth in 2013, likewise the industry which was the main field fuelling the 3.5 percent advance in the Gross Domestic Product – the agriculture recorded a 1.7 percent contribution to the GDP’s growth rate, translated into a contribution of 6.9 percent to the GDP’s nominal value, according to the data released by the National Institute of Statistics (INS)....more »

The American group Cargill, an international producer and marketer of food, agricultural, financial and industrial products and services, appoints Vasile Varvaroi as General Manager of the Romanian subsidiary, position he will effectively take as from June 1, 2014, a press release announces....more »

Despite an increase close to 60% of the average price of agricultural land over the past two years, Romania is still low-priced compared with most of the European countries. According to Mediafax, a report released by DTZ Echinox indicates an average price of 3.100 euro/ha, a price that is 2 up to 8 times lower than in other states across Europe....more »

Seven years of consistent investments were crowned by the launch of ALIRA Grand Vin, WineRo’s exclusive range obtained from the grape harvest from the best plots of Aliman’s estate in Dobrogea....more »

The restrictions on pork exports imposed on Romania are going to be eventually lifted. Thus, starting January 1, 2014, Romania will be able to resume the exports to EU countries, according to the President of the National Sanitary Veterinary and Food Safety Authority (ANSVSA), Vladimir Manastireanu, Agerpres informs....more »

Monsanto expands its
production and processing corn capacity in Romania after completing a EUR23.7
million investment in the Sinesti seeding processing station, in Ialomita County.
The Sinesti station is an important contributory factor to the l...more »

The
foreign investors have bought around 1 million hectares over the last
7 years and they are expected to massively increase the farmland
acquisitions once the land market liberalization comes into force in
January 2014.
The
Romania's cereal production has doubled since 2007 confirming the
great potential of local agriculture. And this potential, along with
cheaper land prices compared with the rest of EU are attractive for
international investors who have great financial power....more »