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Articles in category Agri-Business

Cargill's farming business witnesses 5.5m-euro losses
Cargill Agricultura (Cargill Agriculture), one of the local divisions of the American food industry group Cargill, last year incurred losses worth 5.5 million euros (20 million RON), against...
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SAPARD Funds Fully Absorbed Due to 'Farmer' Program
The Minister of Agriculture, Forests and Rural Development Gheorghe Flutur said that due to the "Farmer" program, Romania succeeded in fully absorbing the funds the European Union has...
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APIA buys software and services worth 4.7m euros
A consortium made up of Romanian software developer Siveco and Polish systems integrator ABG Ster-Projekt has won a contract worth 4.7 million euros following a tender organised by...
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SAPARD funds to be suspended (UPDATE)
The SAPARD funds aimed at financing the rural development projects will be ceased as the application forms request more money than the Fund can provide. The requested...
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SAPARD programme to be terminated on August 1
he last day for submission of SAPARD funding applications is July 31, the Payment Agency for Rural Development and Fisheries announced in a news release issued on Thursday....
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Smithfield Expands in Romania (MORE)
U.S. pork-processing giant Smithfield Foods, Smithfield, Va., will invest more than $75 million in 2006 to retool Comtim, its pork processing complex in Timisoara, Romania. Smithfield first entered...
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Smithfield Group wants full control of Romanian operations
US-based Smithfield Group will take over Agroalim Distribution and Frigorifer Tulcea in full by 2008, Ziarul Financiar reports. Lebanese national Mounir Halawani, one of the leading players in...
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Semanatoarea relocates to make room for realty project (UPDATE)
The agricultural machinery manufacturer Semanatoarea will continue production in a new location outside Bucharest as the holder of the factory, MYO-O, reassigned the land of the old facility...
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Ecologically cultivated land expands more than six-fold in last five years
Ecologically cultivated areas in Romania expanded more than six times in the last five years, from 17,438 hectares in 2000 to 110,400 ha in 2005 and for 2006...
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Bucharest Fine Mechanics Co. Sets Up Farming Co.
Bucharest Fine Mechanics Co. (Mecanica Fina Bucuresti), a manufacturer of measurement instruments, has set up Itagra, a farming company with a share capital of 3.7 million RON, of...
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