Source: Balkans.com  Agraria Nord SRL Botosani, controlled by the Austrian investor Gerald Schweighofer, will invest €5m in a grain silo located in the county of Botosani, N-E Romania.The silo will be commissioned in May 2012 and will be located in the village of Draguseni. The investor cultivates 5,000ha in the region. Schweighofer also owns timber [...]

Source: Balkans.com The EBRD is supporting the diversification of Romanian agribusiness with a €30 million syndicated financing package to Expur S.A., a local oilseed processing company. Expur crushes rapeseed and sunflower seed, produces crude rapeseed oil, refined edible sunflower oil, as well as rapeseed meal, sunflower meal and biodiesel, for both domestic and export markets.

Source: Balkans.com Cargill plans to acquire Provimi`s worldwide animal nutrition business, which has operations in 26 countries and employs more than 7,000 people across Asia, Europe, Africa and Latin America. Both companies are present on the Romanian market.

Source: Romania Libera According to an article published on the financial Times blog, Lucian Anghel, the Chief Economist of the Commercial Bank of Romania, thinks that Romanian Agriculture needs serious reforms to become more competitive, having the potential to become the second producer in Europe.

Source: Agerpres According to the Chief Economist of the Romanian Commercial Bank, Agriculture could stimulate the economic growth expected for 2011, it being possible that with favourable weather conditions agriculture could raise GDP by 0.4-0.5%.

Source: Agerpres According to data released by the Ministry of Agriculture and Rural Development, Romania`s exports of agri-food products to the EU and non-EU countries increased by 55% in the first 5 months of 2011, amounting over €1.19bn.

Source: Agerpres The head of the National sanitary Veterinary Agency declared that the experts of the European Commission will undertake a new evaluation mission in Romania, most probably in September 2011, to check some technical aspects necessary in order to re-start the export of pork meat and products to the EU member states.

Source: Agerpres According to data released by the Ministry of Agriculture and Rural Development, the value of exports for these categories increased to €63.5m in the first quarter of 2011, 42% more than at the same time of the year in 2011 and 18 times higher than the import of livestock from the same categories.

Source: Agerpres According to data published by the Administration of the Fund for Environment, the Programme for improving the quality of the environment by reforesting the degraded agrarian fields registered approved projects over Ron101m, the equivalent of 4,109 hectares.