The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Thursday, 28 May 2015

Rumanía a recibir 8,1 mil millones de euros del presupuesto de la UE Programa de Desarrollo Rural para 2014-2020



El Programa de Desarrollo Rural (PDR) para Rumania fue adoptada formalmente por la Comisión Europea el 26 de mayo de 2015, delineando las prioridades de Rumanía para el uso de casi € 9,5 mil millones de dinero público que está disponible para el período de 7 años desde 2014 hasta 2020 (€ 8,1 mil millones de el presupuesto de la UE, incluyendo € 112,3 millones transferidos de los pagos directos de la PAC, y de € 1340 millones de la cofinanciación nacional).

La PDR para Rumania se centra principalmente en 3 áreas prioritarias:
(a) promover la competitividad y la reestructuración en gran sector agrícola de Rumania;
(b) la protección del medio ambiente y el cambio climático;
(c) estimular el desarrollo económico, creación de empleo y una mejor calidad de vida en los pueblos rumanos, donde la situación es con frecuencia muy por debajo tanto de la UE como a nivel nacional promedio.

En la primera de estas prioridades, "La competitividad del sector agrícola y forestal sostenible", la PDR ayudará a modernizar casi 3 400 granjas y cooperativas, apoyar el desarrollo de más de 30 000 pequeñas fincas, y ayudar a más de 9 400 jóvenes agricultores para iniciar para arriba.

Bajo la prioridad "Restaurar, preservar y mejorar los ecosistemas relacionados con la agricultura y la silvicultura ", más de 1,3 millones de hectáreas (más del 10%) de las tierras agrícolas y más de 800 000 ha (12%) de los bosques se beneficiarán de pagos para apoyar y promover la biodiversidad ecológicos prácticas de manejo del suelo.

A más de 4,7 millones de hectáreas recibirán apoyo con el fin de evitar el abandono de la tierra y la erosión del suelo.

Habilidades en el sector agrícola serán reforzados por algunos 184 000 plazas de formación, en las dos prioridades anteriores. Bajo la prioridad "La inclusión social y el desarrollo local en las zonas rurales", se crearán casi 27 000 puestos de trabajo en las zonas rurales y la creación y desarrollo de 3 000 empresas no agrícolas serán apoyados. Casi el 27% de la población rural debería beneficiarse de las inversiones para mejorar la infraestructura rural.

Fuente: http://ec.europa.eu/agriculture/rural-development-2014-2020/country-files/ro/press-summary-26-05-2015_en.pdf

Para el análisis a medida de las oportunidades de mercado , las inversiones en agri-business y B2B matchmaking con empresas y agentes en los mercados emergentes de Europa, no dude en ponerse en contacto con el equipo FRD Center en: Email: europa@frdcenter.ro o tel: 4021 411 1459/60 / 61

Wednesday, 27 May 2015

Romania to receive 8.1 billion EUR from the EU budget for Rural Development Programme for 2014-2020


The Rural Development Programme (RDP) for Romania was formally adopted by the European Commission on 26 May 2015, outlining Romania's priorities for using nearly € 9.5 billion of public money that is available for the 7-year period 2014-2020 (€ 8.1 billion from the EU budget, including € 112.3 million transferred from the CAP direct payments, and € 1.34 billion of national co-funding). 

The RDP for Romania focuses mainly on 3 priority areas: 
(a) promoting competitiveness and restructuring in Romania's large agricultural sector; 
(b) environmental protection & climate change; 
(c) stimulating economic development, job creation and a better quality of life in Romanian villages, where the situation is frequently well below both EU and average national levels. 

Under the first of these priorities, 'Competitiveness of the agricultural sector and sustainable forestry, the RDP will help modernise nearly 3 400 farms and cooperatives, support the development of more than 30 000 small farms, and help more than 9 400 young farmers to start up. 

Under the priority Restoring, preserving and enhancing ecosystems related to agriculture and forestry', more than 1.3 million ha (over 10%) of agricultural land and more than 800 000 ha (12%) of forests will benefit from payments to support biodiversity and promote environmentally-friendly land management practices. 

A further 4.7 million ha will receive support in order to prevent land abandonment and soil erosion. 

Skills in the agricultural sector will be reinforced by some 184 000 training places, under the above two priorities. Under the priority 'Social inclusion and local development in rural areas', almost 27 000 jobs will be created in rural areas and the setting up and development of 3 000 non-agricultural businesses will be supported. Nearly 27% of the rural population should benefit from investments to improve rural infrastructure. 

Source: http://ec.europa.eu/agriculture/rural-development-2014-2020/country-files/ro/press-summary-26-05-2015_en.pdf

For tailor-made market opportunity analysis, agri-business investment and B2B matchmaking with players in the emerging markets in Europe, feel free to contact FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/ 60/ 61

Monday, 25 May 2015

The economic situation and expected trends in the Emerging Markets in Europe: Bulgaria, Hungary, Romania, Poland, Czech Republic and Slovakia



BULGARIA
Bulgaria has a population of approx. 7 million and it is a EU member since 2007.
Real GDP growth is expected to moderate from 1.7 % in 2014 to 1.0 % in 2015, before slightly picking up to 1.3 % in 2016. An expected slowdown in public investment and continued weak private investment is likely to weigh on the growth outlook. Inflation is projected to remain negative well into 2015, but to turn positive towards the end of the year. After reaching 2.8% of GDP in 2014, the general government deficit is set to remain at 2.9% of GDP in both 2015 and 2016.
Private consumption is expected to slow down in 2015 in line with weak wage and employment growth. Employment is expected to remain broadly unchanged in 2015 and 2016, while the decrease in the labour force should further reduce unemployment to below 10 % in 2016.
  
HUNGARY
Hungary has a population of approx. 9.9 million and it is a EU member since 2004.
Hungary’s real GDP grew by an impressive 3.6% in 2014, but is set to slow down to more sustainable levels of 2.8% in 2015 and 2.2% in 2016 as growth-supporting factors, such as a record EU funds absorption, lose strength. Unemployment has fallen significantly and is expected to continue decreasing, while inflation is forecast to bottom out this year. The general government deficit will remain firmly below 3% of GDP over the forecast horizon.
In 2014, the unemployment rate decreased to a low of 7.7% and is forecast to decline further.
Domestic demand is expected to remain the main driver of economic growth, but with a shift from investment to private consumption. New mortgage rules are expected to raise households' real disposable income as banks will have to reimburse revenues considered to have been unfairly collected. In addition, in a context of low inflation, real wages are projected to increase throughout the forecast horizon
  
ROMANIA
Romania has a population of approx. 21 million inhabitants and it is a EU member since 2007.
Romania is one of the most dynamic emerging markets in the European Union. Romania’s GDP increased by 4.3% in the first quarter of 2015 compared to the same quarter of last year, after a y-t-y GDP growth of 2.9% in 2014 and of 3.4% in 2013. Romania’s industrial production went up by 3.3% in the first quarter of 2015 compared to Q1 2014 while the volume of construction work also increased by 13.4% year-on-year. Romania’s imports passed the EUR 5.6 billion mark in March setting a new record. The imports were 17.6% higher than in February and 11.6% higher than in March 2014. 
Economic growth in Romania is forecast to remain robust in 2015 and 2016, driven by strong private consumption and recovering investment. Inflation is expected to fall significantly in 2015 and remain low over the forecast horizon. The fiscal consolidation path is projected to be reversed in 2016.
Romania's economy grew by 2.8% in 2014. The main engine was private consumption with marginal contributions from net exports and inventories. GDP growth is forecast to remain robust and above potential at 2.8% in 2015, mainly driven by private consumption and investment. Accelerating domestic demand, again boosted by cuts in indirect taxation, as well as a benign external environment, are expected to lift real GDP growth to 3.3% in 2016.
Consumer sentiment is at a post-crisis high and expected wage increases accompanied by a lower VAT rate for food as of June 2015, a more favourable labour market outlook and low inflation are set to raise household real disposable income.
Employment in Romania grew by 1% in 2014, this being the first yearly increase since the outbreak of the crisis. It is projected to continue growing in 2015 and 2016. The unemployment rate dropped to 6.8% in 2014 and is expected to decrease further to 6.4% by the end of the forecast period.
Agriculture contribution to GDP is around 7%, compared to the EU average of 3%. Schemes to increase the productivity and to support young farmers, to develop further or restructure small farms, as well as the development of short supply chains are being supported through EU funded programmes.
Planned expansions in the automotive, pharma and telecommunications industries and ongoing motorway construction are expected to further support investment.

POLAND
Poland has a population of approx. 38 million and it is a EU member since 2004.
Economic activity is set to remain robust on the back of solid domestic demand, bolstered by improving labour market conditions and strong investment activity. Public finances are projected to improve gradually.
Poland’s real GDP grew by 3.4% in 2014 despite external headwinds, such as the Russia-Ukraine conflict. Investment rose by 9.2%, mainly thanks to the corporate sector where firms increased their production capacity amid favourable financing conditions. Private consumption also contributed to economic growth. Consumer sentiment has been improving on the back of higher disposable incomes, as both employment and real wages increased. The saving rate of households narrowed while consumer credit expanded.
Growth momentum is expected to remain robust over the forecast horizon, underpinned by solid domestic demand. Private consumption is set to strengthen further as real disposable incomes continue to rise on the back of favourable labour market developments and subdued inflation. The investment ratio is expected to continue increasing in light of low funding costs and various government measures supporting housing investment.
Consumer prices were stable in 2014 and are expected to decrease in 2015 as a result of falling energy and food prices. The decline of food prices is set to be driven by global trends, an exceptionally good harvest in 2014 and the impact of the Russian embargo on various agricultural products.
Poland’s labour market is forecast to benefit from the solid pace of economic activity and growing production capacity. The unemployment rate is set to decline from 9% in 2014 to 7.9% in 2016

CZECH REPUBLIC
The Czech Republic has a population of 10 million and it is a EU member since 2004.
The country returned to growth in 2014. This was largely driven by domestic demand, with net exports detracting slightly. Domestic demand is expected to remain the main driver of growth in 2015 and 2016, with net exports projected to contribute negatively in 2015 but positively in 2016 as the external environment improves. The headline general government deficit is set to remain unchanged in 2015 and to decrease in 2016 due to a favourable macroeconomic environment.
There was a strong turnaround in the performance of the Czech economy in 2014, with real GDP growing 2.0% after a contraction of 0.7% in the previous year. The rebound in investment was particularly strong, although falling inventories weighed slightly on growth.
The renewed strength of the Czech economy has led to improved labour market conditions, with unemployment falling to 5.8% in the fourth quarter of 2014. Wage growth also started to strengthen, with compensation per employee rising by 3.0% in 2014, significantly outpacing growth in consumer prices. These conditions have boosted private consumption, which rose by 1.7% in 2014.
Investment rose by 4.5% in 2014, compared to a contraction of 4.4% in 2013.

SLOVAKIA
Slovakia has a population of 5.5 million and it is a EU member since 2004 and a member of the EURO zone since 2009.
Growth picked up in 2014 and is forecast to further strengthen on the back of a recovery in domestic demand. Labour market conditions are expected to continue improving, in line with the upturn in economic activity. Inflation was slightly negative in 2014 and is projected to recover only slowly. Slovakia's fiscal situation is expected to improve gradually, also thanks to its increasingly tax-rich growth structure.
After slowing down in 2013, growth picked up in 2014 on the back of a strong recovery in private consumption and investment. Domestic demand is expected to continue strengthening and to remain the main motor of growth. Real GDP increased by 2.4% in 2014 and is projected to expand by 3.0% in 2015 and 3.4% in 2016.
Investment rebounded strongly after two years of decline and grew by 5.7% in real terms. Equipment investment and non-residential construction were the main drivers of investment growth, while housing construction contracted. Planned expansions in the automotive and telecommunications industries and ongoing motorway construction are expected to further support investment, which is projected to increase by 4.6% in 2015 and by 3.7% in 2016.

For tailor-made market opportunity analysis, investment and B2B matchmaking with players in the emerging markets in Europe, feel free to contact FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/ 60/ 61


Friday, 22 May 2015

Imports of foods and beverages in Romania expected to grow in 2015




Dear Food Producers, are you looking to export or develop current exports in the emerging markets in Europe? Then perhaps we can collaborate. 

Romanian consumption of foods increased by 22% in June 2015.

In Romania, the VAT for foods and non-alcoholic beverages was reduced from 24% to 9% starting with 1st June 2015. The imports of fresh or chilled fish (excluding fish fillets and other fish meat) in Romania have registered approximately 31.8 million EUR in 2014, up by almost 12% compared to 2013, while the imports of blue-veined cheese and other cheese containing veins produced by Penicillium roqueforti have recorded almost 3.2 million EUR in 2014 in Romania, up by approximately 25% compared to 2013. 

According to FRD Center research, the imports of salted, dried or smoked hams have gone up by 147% in 2014 compared to 2013. while the imports of fresh or chilled tomatoes in Romania have recorded approximately 44 million EUR in 2014, up by 30% compared to 2013. 

All these are expected to go up even more in 2015 due to increasing local demand.

Are you interested to enter the Romanian market? Feel free to contact me for more details at europa@frdcenter.ro and / or tel: +4021 4111459/ 60/ 61 

FRD Center provides market entry to the Emerging Markets in Europe, such as Romania, Poland, Hungary, Czech Republic etc., market research in Eastern Europe and the region, B2B matchmaking in the CEE and SEE, M&A assistance in Romania, in CEE and SEE.

Jackie Bojor
FRD Center

Monday, 18 May 2015

FRD Center proudly endorses SibFest - the Sibiu International Theatre Festival

Recognising amazing tenacity, professionalism and dedication, which are also caracteristics of our team, FRD Center proudly endorses and promotes at international level SibFest - the Sibiu International Theatre Festival.


The Sibiu International Theatre Festival represents the most complex annual festival in Romania, being acknowledged internationally as the third most important performing arts festival in Europe, as extent and proportions, after the International Festival in Edinburgh (Great Britain) and the Avignon Festival (France).
The XXII edition of the Sibiu International Theatre Festival will bring together, for 10 days, participants from 70 countries, who will be presenting 380 performances in 66 venues, anticipating an audience of 62.000 people daily.
The programme of the XXII edition of SibFest carries on the tradition of providing a cultural offer of highest level and proposes a worldwide journey through the medium of some of the most dynamic theatre companies.

Wednesday, 13 May 2015

Importers of physiotherapy equipment in Romania register 2-digit sales growth

According to FRD Center research, there are 31 independent importer-distributors of medical apparatus and devices, including physiotherapy equipment, operating in Romania. In 2013, they have recorded a cumulated net turnover of approximately 34 million EUR and a total number of some 330 employees. 
Some examples of importer-distributors of physiotherapy equipment in Romania are:
  • Neotech – it has registered a net turnover of 3.7 million EUR in 2013, up by approximately 78% compared to 2012
  • Sapaco 2000 – the company has recorded in 2013 a net turnover of 2.3 million EUR, 11% higher compared to 2012
  • Danson – the firm has reported a net turnover of 1.3 million EUR in 2013, up by some 19% compared to the previous year 
Some examples of brands of physiotherapy equipment  imported in Romania are: Kimed, GIMA, Medical Italia - EME, LED, Elettromed, Chinesport, Elettronica Pagani, Cosmogamma, ASA Laser, MTS Medical, Physiomed Elektromedizin, medica Medizintechnik, Ergoline, FINNLO, Nemectron, MS Westfalia, EMS Physio, CefarCompex, Chattanooga, GymnaUniphy, Lode, Enraf-Nonius, Neurotech - Bio Medical Research, Zynex Medical, Kinetec, Lojer, ITO, REMED, Kondi etc.
For tailor-made market opportunity analysis and B2B matchmaking with players in the sector in Romania and other emerging markets in Europe, feel free to contact FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/ 60/ 61

Friday, 8 May 2015

Recent dynamics in the construction sector in Romania

The residential construction sector in Romania in 2015 - 2016 is continuing its growth initiated in 2014 after a period of stagnation in 2010-2013.

According to the National Institute of Statistics, the following numbers of construction permits have been released in the first quarter of 2015 in Romania:
-          7,176 construction permits for residential buildings, up by 3% compared to the first quarter of 2014
-          54 construction permits for administrative buildings, up by 10% compared to the first quarter of 2014
-          1,798 construction permits for other buildings, up by 28% compared to the first quarter of 2014

According to the same source, 37,672 construction permits for residential buildings and 234 construction permits for administrative buildings have been released in 2014 in Romania. Furthermore, 6,696 construction permits for other buildings have been released in Romania in 2014, up by 12% compared to 2013.

According to CBRE, in Q1 2015 three office developments have been delivered in Bucharest, with a cumulated surface of approximately 39,000 sqm. The new supply in Q1 2015 is with 47% higher compared to Q1 2014.

Nine office proprieties with cumulated surface of approximately 82,000 sqm are expected to be delivered as new stock in Bucharest in 2015. 76% of the total new supply is Class A office buildings (approx. 62,000 sqm) and the rest (approx. 20,000 sqm) is Class B office buildings.

According to the same source, for 2016, 11 office proprieties totalling some 300,000 sqm are under active construction in Bucharest. The North and Pipera areas continue to be a target destination for new developments, representing 76% of the new supply.
By the end of 2015, approximately 25,000 sqm of industrial spaces are expected to be added to the current stock: Industrial & Logistic Park Turda, Olympian Park Cluj, VGP Park Timisoara and P3 Logistic Park Bucharest.

There have been three new deliveries of modern retail buildings in 2014 in Romania (Vulcan Value Centre in Bucharest, Auchan Drumul Taberei in Bucharest and Shopping City in Targu Jiu) totalling approximately 78,000 sqm GLA.

According to CBRE, the under construction schemes of modern retail centres that are expected to be completed by 2016 account for approximately 260,000 sqm GLA, located mainly in Bucharest and major cities such as Brasov and Timisoara.

EU Funds
The Romanian Government encourages the construction and the renovation of buildings. One of the Government’s main priority is the absorption of the available EU funds in this sector.

The Romanian Ministry of European Funds (MFE) is making sustained efforts to ensure total absorption of European funds, and this year is extremely important because it is the last in which we can spend the funds allocated by the EU for the programming period 2007-2013.

In Priority Axis 1 - Operation 1.1.1 "Support for strengthening and upgrading the productive sector by tangible and intangible investments" the Call in 2014 is completing the signing of financing agreements for projects that were over 80 points in the evaluation process and selection. The value of these contracts is approximately 578 million RON (130 million EUR).

For the construction of new buildings in the production field, in the next period EU funds will be available in Romania through the following programmes:
- Regional Operational Programme 2014 - 2020
- National Rural Development Programme 2014 – 2020

The official versions of these Programmes have been sent by the Romanian Government to the European Commission. They are expected to be approved by the European Commission in June 2015.

Energy Efficiency in Buildings
Increasingly, the topic of energy efficiency in buildings is taken into account when building new residential parks, office buildings, commercial and industrial facilities.

For example is the case of a 3,000 unit Multi-Family Residential Project in Bucharest, Romania where the Project Developer, active on the Romanian market, agreed to achieve the necessary criteria to Pre-Certify 180 units of a total planned 3,000 unit multi-family residential project in the North East of Bucharest. All energy and energy efficiency strategies are being considered at this early stage of the design project along with due consideration for site management and a plan for facilitated waste avoidance and management post occupancy.

For tailor-made market opportunity analysis and B2B matchmaking with players in the sector in Romania and other emerging markets in Europe, feel free to contact FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/ 60/ 61

Thursday, 7 May 2015

Imports of medical equipment and apparatus in Romania continue to grow in 2014


Romanian health services - both private and public - rely almost 90% on imported medical devices and equipment. Compared with 2013, in 2014 imports of such apparatus has grown double digits.


Some examples of imports of medical equipment and apparatus in Romania in 2014 are:
-          electrocardiographs: over two million EUR, up by some 10% compared to 2013
-          ultrasonic scanning apparatus: 14.5 million EUR, up by approximately 31% compared to the previous year
-          magnetic resonance imaging apparatus: 7.4 million EUR
-          scintigraphic apparatus: exceeded 300 thousand EUR, up by approximately 16% compared to 2013
-          ultraviolet or infra-red ray apparatus: approximately 900 thousand EUR, this representing an increase of almost 100% compared to 2013
-          ophthalmic instruments and appliances: approximately 7.4 million EUR, up by 5% compared to 2013
-          mechano-therapy appliances, massage apparatus and psychological aptitude-testing apparatus:  almost ten million EUR, up some 15% compared to the previous year
-          ozone therapy, oxygen therapy, aerosol therapy, artificial respiration or other therapeutic respiration apparatus:  approximately eight million EUR, up by 37% compared to 2013
-          pacemakers for stimulating heart muscles: almost 4.4 million EUR, up by some 73% compared to the previous year
-          computed tomography apparatus: approximately six million EUR, up by some 58% compared to 2013

According to the FRD Center research, in Romania there are some 31 importer-distributors of medical equipment that also import physiotherapy apparatus and devices. Some of them are: Adion Prodimpextrans,  Bold Medical,  Liamed and Tehno Electro Medical Company (TEMCO).

Adion Prodimpextrans has recorded the net turnover of 1.4 million EUR in 2013. It has approximately 40 employees. The company has own showroom in Bucharest of over 200 sqm, sells its products on-line and offers services for after-sales repairs. Adion distributes its products in the entire country using own auto fleet and through eight independent dealers.

Bold Medical imports the following brands of physiotherapy devices: Chattanooga (UK) and Chinesport (Italy). Other brands imported by the company are: Philips, GE Healthcare, Bosch + Sohn, Fazzini, Heine Optotechnik, KaWe, Rudolf Riester, Contec, MAICO Diagnostic, SunTech Medical, Leisegang Feinmechanik Optik, Titanox etc.

Liamed has recorded a net turnover of 2.2 million EUR in 2013. It has some 30 employees. The company imports physiotherapy devices manufactured by GymnaUniphy (Belgium), GIMA (Italy), REMED (Korea), ASTAR (Poland) etc. Other brands imported by Liamed are: SonoScape, Rimed, OsteoSys etc.

TEMCO imports physiotherapy devices manufactured by ITO (Japan). Other brands of medical equipment imported by the company are: Medec Benelux, SCHILLER, Arcomed, JPI, Olympus etc. TEMCO has recorded a net turnover of 11.3 million EUR in 2013. It has some 40 employees. The company distributes its products in the entire country and provides services for after-sales repairs.

For tailor-made market opportunity analysis and B2B matchmaking with players in the sector in Romania and other emerging markets in Europe, feel free to contact FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/ 60/ 61

Wednesday, 6 May 2015

Agriculture in Romania 2015 - cereals outputs and agricultural machinery imports


Romania is one of the main major producers of agricultural output in Europe. The contribution of agriculture, forestry and fishing to the nominal value of the GDP in Romania was of 5.6% in 2013.

In 2014, the cereal grains output was of 21.6 million tonnes, up by 3.4% y-t-y, out of which 7.46 million tonnes wheat and over 11.73 million tonnes of corn (grain maize). Romania is the 2nd most important producer of grain maize in Europe, after France, who reports an average of 8 tons/ha.

In 2014, the area cultivated with grain maize and the area cultivated with wheat represented 45.9% and 39.0% of the area cultivated with cereals for grains, respectively. The production of cereals for grains increased by 3.4% as against the previous year, due to the increase of the yields per hectare (average yield), as follows: maize grains (+7.2%), barley and two-row barley (+6.3%), wheat (+3.8%) and oats (+1.5%).

Romania has a territory of 23.8 million hectares, out of which an agricultural area of some 14.7 million hectares. There are approximately 3.9 million agricultural holdings in Romania, with the average surface of 3.4 hectares each.


In 2014, Romania occupied the 5th place considering the area cultivated with wheat, after France, Germany, Poland and Spain. In regards to wheat output, Romania was ranked 5th, after France, Germany, United Kingdom and Poland. Considering the yield, Romania is among the lower yield per hectare wheat cultivating Member States.

Currently, Romanian agricultural output relies mainly on imported machinery and agricultural equipment.

The imports of tractors have recorded in 2014 over 445 million EUR, up by some 27% compared to 2013, while the imports of ploughs have registered almost 11 million EUR in 2014, up by approximately 24% compared to 2013.

The imports of disc harrows have gone up by 36% reaching almost 8.5 million EUR in 2014 while the Romanian imports of harrows (other than disc harrows), scarifiers, cultivators, rotovators, weeders and hoes have recorded over 22 million EUR in 2014, up by 26% compared to 2013. 

For a demo report on the market of agricultural equipment and machinery in Romania - Sector focus: Sprayers feel free to access 

For tailor-made sector data, market opportunity analysis and B2B matchmaking with players in the agri-business sector in Romania, feel free to contact FRD Center team at: email: europa@frdcenter.ro or tel: +4021 411 1459/ 60/ 61