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.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
