“I was surprised to find out that this year the cultivated area decreased to less than 3 million hectares. Average production is less than 5 tones/ hectare and this means that we won’t be internationally competitive”, said the minister. According to him, Romania has a capacity to produce 20-30 million tones of corn. For this to happen we’ll have to continue investing in irrigation systems, new ...

The company went bankrupt on March 16, 2009, after its main shareholder, Ministry of Economy, agreed that Plafar was insolvent and soon Assistance Insolv SPRL was appointed judicial administrator. Representatives of Assistance Insolv SPRL said recently that Plafar could exit insolvency by the end of this year, according to NewsIn. A second chance for Plafar “Insolvency procedure could be closed ...

The absorption of European funds registered a progressive trend both in terms of engaging funds and payments to beneficiaries. “I think we’ll manage to totally absorb the funds for agriculture and rural development, taking into consideration that we’ve already begun extracting money from 2010 financial allocation that needs to be spent by the end of 2012. Therefore, I consider that there is no risk ...

People, aged over 55 and who are willing to lease their farm land for a period of 5 to 15 years, will receive 30 to 100 euro/ hectare from Romanian Government. Ministry of Agriculture and Rural Development drafted a bill that will enable people to receive also 200 euro/ hectare if they decide to sell their farm land. The amounts are divided as follows: for a 5 years lease of the farm land the owner ...