20 aug 2012

American company Bunge, which on the Romanian market is involved in the production of vegetable oil and in the trade of agricultural raw materials, is negotiating the takeover of two grain storage more

14 aug 2012

The European Commission sent refunds worth EUR96 million to Romania in July, these being the last funds that the EU has sent into the local economy until the European officials finalize their audit in more

14 aug 2012

Romanian farmers have received almost EUR4 billion for investment projects in the six years the EU has been pumping funds into agriculture. But what is the actual impact of these funds on agriculture more

3 aug 2012

Agro Chirnoghi, part of the Maria group controlled by a group of Lebanese businessmen, has, thanks to irrigation, managed to obtain an average production of 5 tons of wheat per hectare, down by a more

1 aug 2012

Farmers will lose EUR2 billion in revenue to the drought because only 100,000 hectares, that is 1.5% of the total arable land of Romania, are irrigated. more

30 iul 2012

Although Romania’s gross domestic product rose five times from 2000 through 2008, the number of medals Romanian athletes got dropped three times, and this year’s estimates for the London Olympics more

24 iul 2012

The drought will translate into up to 30% lower corn and sunflower crops this year, costing the farmers EUR1.4 billion to EUR1.5 billion in lost revenue, according to ZF estimates based on more

19 iul 2012

The drought and high temperatures have already ruined about one third of the local corn crops but the farmers will be able to offset some of the losses as a result of rising quotes. more

17 iul 2012

Romanian farmers announce significant declines estimated at 30% to 35% for the corn production less than three months before harvesting time as a result of the high temperatures this spring and more

6 iul 2012

US grain traders Cargill and Alfred C. Toepfer, the top two players on the local market of farming raw materials, last year managed to post turnover of EUR1.1 billion together, Trade Registry data more

5 iul 2012

The wheat harvest will be lower but better this year because of the high temperatures of the last few weeks, says Adrian Porumboiu. The former football referee turned entrepreneur owns the Racova Pan more

3 iul 2012

This year’s grain harvest is estimated at almost 18 million tons, just 7% lower than the record-high 2011 figures. Converted in money, as prices remained high, almost EUR5 billion should go into more

26 iun 2012

Brise Group SRL, a company based in Constanta (SE Romania) and held by Catalin Bucur, emerged as the largest grain trader owned by a Romanian entrepreneur last year. It posted EUR125 million in more

26 iun 2012

Agricultural machinery manufacturer Biso, an Austrian company that discreetly entered the Romanian market in 2004, is changing its development strategy in Eastern Europe as a result of the fast-paced more

22 iun 2012

Barley, which makes an EUR250 million market, traditionally less important than the wheat and corn market, is gives the first indication of the prices of agricultural raw material this year. more

18 iun 2012

A group of 39 farmers in Giurgiu County (southern Romania), who operate 25,000 hectares of arable land together, have managed to persuade traders to sell them seeds or pesticides up to 30% cheaper more

15 iun 2012

Cargill, Romanian market’s number one grain trader, is not using a 47,000-ton silo and 16,000-ton grain collection facility in Giurgiu County (southern Romania) even though competition has made more

15 iun 2012

Romanian companies that no longer find resources for growth on the local market and turn to exports will have to seek markets outside the European Union. This was the main conclusion of the conference more

7 iun 2012

Romania obtained non-reimbursable EU funds worth a total of EUR253 million in May, raising the actual absorption rate to 8.7%, 1.3 percentage points higher than at the end of April. May was the second more

18 mai 2012

Jeffrey Notaro, a trader who worked on Wall Street for 18 years, where he traded both bonds and futures contracts, set up investment fund Black Sea Agriculture seven years ago, together with a partner more

17 mai 2012

Banks are still reluctant to lend to real estate investors, so developers have to take more risks if they want to continue their projects and remain on the market, according to information presented more

16 mai 2012

Bunge, one of the largest vegetable oil producers in Romania, got the Competition Council’s approval to take over the oil plant in Lehliu Gara (southern Romania) of Martifer Group’s Prio Foods, more

16 mai 2012

April was the best month this year for the absorption of EU funds, with EUR173 million going into the economy. more

9 mai 2012

Argus Constanta, a top ten vegetable oil producer in Romania, ended last year with 7.9 million lei (EUR1.8 million) net profit, half the 2010 level. The profit decline came after a 30% increase in the more

27 apr 2012

The best proof that Romania is lagging behind in terms of attracting European funds was given on Wednesday during a visit by the president of the European Council. more