The value of agricultural production increased 0.6% in 2023 compared to the previous year, totaling 109.89 billion lei in current prices, according to final data the National Institute of Statistics (INS) published on Tuesday.Crop production in 2023 increased 2.1% to 66.26 billion lei in comparable prices, while livestock production fell 2.5% to 40.65 billion lei.According to the statistics, in 2023 as well, crop production held the largest share (60.3%) in the structure of the value of agricultural production, down 5.3 percentage points (pp) compared to the previous year.The value of crop production, in 2023 compared to 2022, increased in the development regions West (+15 pp), North-West (+10.7 pp), North-East (+9 pp), South-East (+5.2 pp), South-West Oltenia (+3.3 pp), Centre (+2.3 pp). Decreases were recorded in the development regions: South-Muntenia (-11.7 pp) and Bucharest-Ilfov (-5.4 pp).In 2023, compared to 2022, the value of livestock production increased in the Centre and West development regions (+1 pp), while in the other development regions the value of livestock production decreased between 22 pp and 3.1 pp.The value of agricultural services recorded increases in the development regions Centre (+41.3 pp), North-West (+30,6 pp), West (+18.7 pp), Bucharest-Ilfov (+13.5 pp), while in the other development regions it recorded decreases ranging from 22.2 pp to 1.6 pp.According to the statistics, crop production has the highest share in the agricultural production in all development regions of the country, with values ranging from 53.1% (Centre development region) to 69.3% (South-West Oltenia development region).The INS points out that the Bucharest-Ilfov development region is not included in the analysis, as it is insignificant in terms of its share in the value of agricultural production at national level.In 2023 compared to 2022, the structure of the value of production of the agricultural branch registered the main increases in the North-West, Centre, North-East (+1.1 pp) and West (+0.8 pp) development regions. The most important decreases were recorded in the development regions South-Muntenia (-3.4 pp) and South-East Oltenia (-0.5 pp).In the structure of crop production in the year 2023, the largest share belongs to the development regions: South-Muntenia (21.5%), South-East (16.5%) and North-East (14.8%), while in the structure of livestock production of the same year, the largest share is held by the development regions: North-East (20%), North-West and Centre (15.3%), South-Muntenia (14.8%) and South-East (12.6%).
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
