Romanian agriculture minister Ilie Sarbu increased in June the bonuses for managers in the ministry and subordinated institutions to as much as 50% of wages, from a previous ceiling of 30%, saying they were no longer willing to do their jobs for the wages they got. „We’ve increased bonuses because staff started leaving,” Sarbu told […]
The value of losses caused to the Romanian state in June through cereal trade reached 75 million lei (EUR1=RON4.2036), according to Financial Guard official Sorin Florea, who added some 75-80% of employees will be involved in inspections to diminish tax evasion on this segment. „There are all sorts of intermediaries that go to the fields […]
Agricultural producers will benefit from a program similar to “First Home,” recently initiated by the government, which consists in issuing certificates of deposit for storing production in licensed silos, with which they will be able to obtain bank loans, said Minister of Finance Gheorghe Pogea.
Employers in the agriculture sector and food industry are asking for a 5-9 percent reduction in value added tax (VAT) on agricultural products in order to counter tax evasion, currently extremely high in the baked goods and cold meats production sectors. Furthermore, businesspeople and representatives of employer unions are requesting precise short-term measures from Agriculture […]
The Romanian Chamber of Deputies on Monday decided, at the proposal of the Social Democratic Party (PSD), to send the beer law, which stipulates facilities for Small and Medium Enterprises (SMEs) in the field, back to the Chamber’s budget-finance committee. Social democrat deputy Aura Vasile requested the draft law be sent back to the specialized […]
Romania’s agriculture sector will reach the peak of the financial crisis at the end of September and the beginning of October, when the farming cycle restarts, Interagro president Ioan Niculae said Monday. „The crisis has not peaked yet. Let’s expect it end-September or early October, when we need to resume the agricultural cycle,” Niculae said […]
Romania’s Agriculture Ministry will complete by March next year the design of a new irrigation system, as the existing one is obsolete, Minister Ilie Sarbu said Saturday. “The current irrigation system is updated, it has Russian pumps made in the 60s and it must be changed, it must be rethought according to surfaces, properties. It […]
Romanian farm houses and guest houses accommodating tourists could be exempt from certain taxes, to encourage and boost rural tourism, Romanian Tourism Ministry state secretary Corneliu Popovici said Friday. Popopvici told a news conference Friday that the ministry is promoting a draft law to improve regulations in the tourism sector and create facilities to help […]
The top 11 companies which received subsidies from the Agency for Agriculture Payments and Intervention (APIA) are working more than 230,000 hectares of land, some 3 percent of the country’s fertile area. TCE Trei Brazi company, controlled by businessman Culita Tarata, received the highest amount of funds, with 55,636 hectares, followed by Comcereal Vaslui and […]
This year’s agricultural production will be lower than in 2008, due to the drought currently affecting Romania, according to Agriculture Minister Ilie Sarbu in an interview for Business Standard. He declined to provide precise figures, however, in order “not to influence the market,” especially because the harvest time is near. Romania’s irrigation system is very […]
