At the ongoing Agriculture and Fisheries Council meeting, Romania applied with the European Commission for the extension of the Temporary Crisis and Transition Framework in the sector of agriculture until June 30, 2025, as well for the increase of the individual aid amount to EUR 560,000 per agricultural enterprise, the Ministry of Agriculture and Rural Development said in a release on Monday.The ministry's Secretary of State Sorin Moise participates in the meeting of the Agriculture and Fisheries Council taking place in Luxembourg between October 21 - 22.An important point on the Council's agenda is represented by the conclusions regarding a post-2027 Common Agricultural Policy (CAP) oriented towards farmers, and in this sense the Agriculture ministers will seek to approve a set of conclusions regarding the future post-2027 CAP.Also, based on the information provided by the EU Presidency, the Council will discuss the main challenges facing the EU food chain."Romania reiterates the need to extend the application of the Temporary Crisis and Transition Framework in the agricultural sector, as well as to increase the individual aid amount per agricultural enterprise. Thus, Romania and its partners request the European Commission to urgently analyze the realities faced by farmers and put up the individual ceiling applicable to the primary agricultural sector to EUR 560,000 per beneficiary. In order to prevent the farmers' bankruptcy and support the sector's recovery, Romania suggests the extension of the timeframe of this aid until at least June 30, 2025," the release states.The Hungarian EU Presidency will publicly provide the Council with information on: the outcome of the conference on the prevention of food waste (Budapest, October 1, 2024), the outcome of the meeting of the CAP directors (Budapest, September 10 - 12, 2024), and the outcome of the conference of the directors of EU payment agencies (Budapest, October 16 - 18, 2024).
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 […]
