Agriculture
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Romania to pay 75m euros in EU penalties on agriculture
Agriculture Minister Valeriu Tabără stated the sum Romania has to pay to the European Commission is likely to drop below 75m euros, the level of penalties for the improper spending of some European funds.
Toma, Romet: Develop industry and agriculture and you have everything
In an interview for Ziarul Financiar, Constantin Toma, one of the biggest Romanian industrialists, though not a very well-known one, and whose Romet group posts 275 million euros in turnover...
Agriculture and industry saved GDP in last quarter. Construction and trade continued to drag the economy down
The return to growth of agriculture in the last quarter of the year alongside the continued rise of industry helped the economy return to positive territory, as show detailed data of the 201...
New agriculture minister wants to introduce penalty tax on unworked land
Valeriu Tabără, the new agriculture minister, has told Mediafax news agency in an interview that the methods to increase productivity are taxing land, taxing agricultural crops, reverse taxa...
Biggest players in agriculture: Weather, farmers' sole ally this year
After the elimination of state aid, starting January, farmers have also faced falling grain prices, with wheat currently trading 10% below the level of the first half of 2009, 106 euros (540...
Bankers granted three times fewer loans for agriculture than real estate
The increase in the number of failed real estate projects financed by banks, both on the residential and on the retail segment is raising doubts about how bankers calibrated their loan portf...
What sectors will bankers finance this year?
Banks have in the past year increased by 11.5% their portfolios of loans granted to the field of agriculture, the only sector of the economy that managed to still borrow money, while for the...
Culita Tarata: Romanian agriculture is decapitalised
Businessman Culita Tarata, owner of TCE 3 Brazi, which operates around 65,000 hectares of farming land in Insula Mare a Brailei and Neamt county, expects turnover to shrink by 30-35% amid a...
Culita Tarata: Romanian agriculture could feed 100 million people
Businessman Culita Tarata (photo), who controlling TCE 3 Brazi company, with operations in the fields of agriculture and industry, has invested 52m euros in equipment for Insula Mare a Brail...