01.13.2023

Biochem (Constanta), which distributes cereal seeds, pesticides and fertilizers to Romanian farmers, has completed the construction of a center for the storage of organic cereals in Lunca, Tulcea more

04.05.2022

Agricola Cereal Sud cooperative of Olt county, created five years ago, in 2021 posted RN41.7 million turnover, 6.6 times more than in the previous year. more

08.06.2020

Cereal Crunch will be opening the group's first franchise in Craiova (southern Romania) on Friday (August 7), following a total investment of EUR40,000. more

08.09.2013

Reverse taxation on cereal trade will no longer be limited in time, as the Romanian government has repealed a legislative provision setting the system would expire on May 31, 2014. more

06.19.2013

Cezar Gheorghe, the CEO of Ameropa Grains (with EUR198 million sales last year), Victor Beznea, head of Nidera Romania (estimated turnover of EUR85 million last year) and Tsvetan Iliev, general more

05.16.2013

Romania’s Lower Chamber has recently approved an ordinance extending for another year the interval in which the country may apply reverse taxation on cereal, although the European Commission (EC) more

04.07.2013

The European Commission has rejected Romania’s request to continue applying a reverse taxation system on cereal beyond June 1 this year, saying the procedure must not be used systematically to make more

04.03.2013

Romania’s Government will decide whether to apply a lower sales tax, of just 9% instead of 24%, on bread alone or the entire wheat-bread chain depending on the European Commission’s plans more

03.29.2013

Romania’s corn and wheat production fell 52% and 28.4%, respectively, last year and the crop yield was the lowest in the European Union despite the country’s large cultivated areas, statistics more

08.24.2012

Exports of wheat, corn and barley made through the port of Constanta, the leading hub through which Romania sends grains abroad, reached 3.6 million tons after the first seven months of the year, more

07.19.2012

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

07.17.2012

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

07.05.2012

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

01.31.2012

Alfred C. Toepfer, one of the most powerful grain traders in Romania, is investing EUR6 million in Moldova Noua (SW of the country) where it will build its first greenfield project, a silo and a ship more

10.14.2011

Comments that Romania had a record cereal crop this year lowered producer prices both for exports and the domestic market by some 10%-15%, said Friday Viorel Matei, head of the Romanian National more

07.21.2011

Illegal cereal trade in Romania has decreased by 70% or 80% after the country introduced reverse taxation, said Thursday Nicusor Serban, vice-president of agricultural producer association LAPAR. more

06.03.2011

Applying reverse taxation on cereal and plants with industrial use in Romania might halve the local cereal black market, estimated at EUR1.4 billion, if the move is followed by a set of other more