The funds available for investments in the conditioning, storage and processing of agricultural and fruit products, financed through the DR-22 intervention of the Strategic Plan for the Common Agricultural Policy 2023 - 2027 (PS PAC 2027), were fully consumed by the requests submitted online on the official website of the Agency for the Financing of Rural Investments during this period, informs the Ministry of Agriculture in a press release.According to the cited source, the requests submitted by the processors exceed one billion euros. Processors submitted 428 funding requests, amounting to 1.13 billion euros, in the open session for DR-22, December 20, 2023 - February 5, 2024."I am happy about the great interest of the processors in this measure from the Strategic Plan. Romania needs processing, I have said it every time and I will repeat it on every occasion. Within the DR-22 intervention, the amount of funding granted can reach 10 million euros for each project to establish processing units for the fruit-vegetable, milling, oil and combined feed sectors. The fact that the success of the INVESTALIM Program is doubled by the interest shown by processors for this investment measure shows us that we are on the way correct in terms of supporting Romanian production," said the Minister of Agriculture, Florin-Ionut Barbu.Also through DR-22, investments other than those previously mentioned are financed with up to 7 million euros/establishment project and with up to 3 million euros/investment project for the modernization of processing units. The non-refundable financing is a maximum of 65% of the total eligible expenses of a project.The investment projects submitted on the official website of the Agency for Financing Rural Investments (www.afir.ro) in this session propose for financing the construction and equipment of conditioning, storage and processing units, investments in internal infrastructure and utilities, as well as expenses for ensuring compliance with hygiene conditions and the technological flow, expenses related to the marketing of the obtained products (equipment for labeling, product packaging), expenses related to the marketing of the products.
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
Several Israeli citizens got into a fight on a plane flying from Israel to Bucharest on Monday, September 15. Upon landing, Romanian police issued several fines. The scandal reportedly broke out for religious reasons. The argument involved roughly 30 passengers of the flight from Tel Aviv to Bucharest. At one point, seven passengers started to […]
Only 145 companies in Romania, out of more than 800,000 active businesses, managed to grow their revenues and remain profitable every year between 2008 and 2024, according to an analysis published by business intelligence platform Termene.ro. The study found that these firms, representing just one in every 5,500 companies (or 0.02% of the total), generated […]
The secretary-general of the Organization for Economic Cooperation and Development, or OECD, Mathias Cormann, was on a visit to Romania on Monday, September 15. The representative had talks with president Nicusor Dan and prime minister Ilie Bolojan, after which he said that Romania may succeed in joining the organization in 2026. Founded in 1961, the […]
