Over one third of the EU's farming households was recorded in 2013 in Romania, a country with 3.7 million farming households, that is 33.5pct of the total number in the EU, followed at a distance by Poland, with 1.4 million households or 13.2pct of the EU's total, Italy (one million households or 9.3pct) and Spain (almost one million or 8.9pct of the total number), show the data released on Thursday by the European Statistical Office (Eurostat). However, Romania is on the last but one place in the EU in terms of the average area of a farming household - 3.6 ha, slightly larger than two island countries: Malta - with 1.2 ha, and Cyprus - with 3.1 ha. In contrast, the farming households with the largest land areas are found in the Czech Republic, where the average area of a farming household in 2013 was 133 ha, Great Britain - 93.6 ha, Slovakia - 80.7 ha, Denmark - 67.5 ha, Luxembourg - 63 ha, France - 58.7 ha, and Germany - 58.6 ha. Eurostat informs that from 2003 to 2013, the number of farming households decreased in all EU member states except for Ireland, where these increased by 2.9pct. Within a decade, the number of households decreased to more than half in Slovakia - down by 67.1pct, and Bulgaria - a decrease of 61.8pct. Significant decreases were also seen in Italy (48.6pct), Estonia (47.9pct), Czech Republic (42.6pct), Lithuania (36.9pct), Hungary (36.5 pct), Latvia (35.4 pct) and Poland (34.2 pct). In Romania, the number of farming households decreased by 19.1pct from 2003 to 2013, whilst the average area of a farming household rose slightly from 3.1 ha to 3.6 ha. Moreover, in 2013 almost one third of the 10.8 million farms in the EU were run by people aged at least 65 years. Significantly higher shares are recorded especially in Portugal, where more than half (50.1pct) of those running farming households were in 2013 people aged at least 65 years and in Romania, where 41pct of those running farming households are people aged at least 65 years. In all EU countries, except for Poland and Austria, the share of the people running farming households aged under 35 is below 10pct.
The real estate developer Nusco Imobiliara, which is developing a major real estate project in the northern part of Bucharest in the Pipera neighborhood, estimated to eventually involve nearly EUR 1 billion investments, announced plans to issue bonds in the amount of EUR 5 mln to be further listed at the Bucharest Stock Exchange. The […]
Two other companies of the Romanian real estate development group Nordis declared insolvency at the request of their owners on November 18, amid a scandal involving the whole group that allegedly sold multiple times its apartments in a fraudulent scheme with a political side given the group owners' alleged ties with the Social Democratic Party […]
EVERGENT Investments, an investment company listed under the ticker EVER, reports a net result of RON 273.81 million, 2.8 times higher than the budgeted level for the entire year of 2024. The net result is the company’s main financial performance indicator, comprised of RON 144.02 million in net profit and RON 129.79 million in net […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate...
La French Tech Bucharest announces the third edition of its highly-anticipated flagship event, Inspiring Women in Business, set to take place on November 21st, 2024, at the Romanian - American University (Expoziției Boulevard, Number 1B, Bucharest), starting at 18:30. This prestigious event will spotlight influential women who are leading businesses through transformative times, showcasing their achievements, […]
Eltra Logis, one of the main players in the niche logistics, transport, and storage market, is strengthening its position in the pharmaceutical industry, which now generates 40% of the company's turnover. This consideration comes based on the significant consumption of medicines in Romania and the development of local production capacities in the pharmaceutical sector. The […]
