Romania is in a comfortable position regarding the level of internal stocks until the new harvest, if we are referring to cereal, and the supply systems at the level of the European Union are working without major disturbances, said, on Thursday, after the Government sitting, the Minister of Agriculture and Rural Development, Adrian Chesnoiu."We are in a comfortable position regarding the level of internal stocks if we are referring to cereal. The supply systems at the level of the European Union are working without major disturbances. We had, in the previous period, constant analysis that we will continue at the Ministry of Agriculture to see the stage we are in with the growing of the autumn crops, and we are well. Over 90% of the cultures sown in autumn 2021 are in a normal state of vegetation. We started the spring sowing campaign and things are running well. These rains in April came and gave a particular vigor to the field and agricultural crops. From the perspective of results, the evaluations we're doing do not place us in the risk area from the point of view of food," said Chesnoiu.As regards price increases in the recent period for food items, the Minister emphasized that this happened "faster than some may have expected," but that "the moment we have a constant level of production, the pressure on ensuring agrifood products is lower and does not automatically imply price increases.""I think we're in the price increase wave, because for some products it happened faster than some may have expected and you know very well what the main causes are: the price increases in energy and gas, which muddled all domains of activity and started that snowball effect that reached, thus, agriculture and agrifood products. Through the interventions that the Romanian state is doing, in granting support to our farmers in view of maintaining the constant production level, but also the other types of support - the Support for Romanians Package, launched a week ago - will dampen, in time, and will slow down the tendency for price increase. In what regards the Agriculture Ministry, our main desire is to ensure the constant level of production. The moment we have that constant level of production, the pressure on ensuring agrifood products is lower and does not automatically imply price increases. We want these support programs to have effects as quickly as possible. These effects are mitigated depending on the type of situation we see," explained the dignitary.The Minister also explained that in regards to the price of tomatoes, the price decrease effects will be seen in the coming period, as Romanian farmers registered for the aid programme for tomatoes already started production.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
