Romania’s Government will invest, through its wholly-owned trade house Unirea, up to EUR 100 million for the development of the agri-business infrastructure with the aim of helping small farms sell their output, substitute 30%-40% of the food currently imported and eventually increase the share held by agriculture in the country’s GDP.

The capital of Unirea trade house, set up last autumn, will be increased by Government ordinance with part of the funds that were not used under the pre-accession programme funded by the European Commission SAPARD.

The main projects envisaged by the Government for Unirea trade house are: ten collection centres for fruits and vegetables (that should increase by 15%-20% the share if local fruits and vegetables on the local market), a fish trade exchange (to intermediate 15%-20% of the fish captured in the Danube Delta), two collection platforms for grain with a capacity of 200,000-300,000 tonnes located close to Danube and the development of at least existing or new agri production clusters where the primary goods are processed for achieving a higher value added.

editor@romania-insider.com

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