Agribusiness Labudnjaca set to go private

The Privatization Agency has called a tender to privatize 70% of Vajska-based agribusiness Labudnjaca, setting March 21 as the deadline for the submission of bids, RTS reported yesterday. Labudnjaca, which posted revenues of EUR ... More


Bulgaria will receive 75,090,000 euros from SAPARD

Bulgaria is to receive 75,090,000 euros in grant aid from EU's SAPARD programme for 2005, the ggovernment’s information service said. The cabinet approved a draft of the annual financing agreement under SAPARD for 2005. ... More


Wine imports up on poor crop in '05

Bulgaria imported 1.7 mln liters of wine in Jan-Jun '05, up from 756,000 litres for the entire '04, as wine makers struggled to cope with a shortage of domestic output, shows an analysis of the farming ministry. The wine ... More


Measures to preserve and use animal genetic resources

The Romanian Government issued an Emergency Ordinance providing the legal framework for funding from the state budget steps aimed at preserving and using animal genetic resources. The list comprising the genetic resources of the ... More


Finally, contract on privatization of “Napredak” signed – «Delta M» did not give up

Although “Delta M” bought Stara Pazova-based Stock Company “Napredak” on tender on November 3rd, the signing of the sales contract has been constantly postponed. Finally, the contract was signed two days ... More


SAPARD reports full absorption of 2001 funds

"One of the most important achievements of the SAPARD Agency in 2005 was the full absorption of the funds worth 208.38 million euros earmarked to it for 2001 and due for final use this year," SAPARD Agency Director General ... More


2005, year of property return for agriculture ministry

Agriculture Minister Gheorghe Flutur says 2005 can be deemed the year of the property return, following the approval of law no. 247 that is to take effect in December. The return of property is one of the main achievements of the ... More


Farming equipment maker eyes Turkish market

Dobrich-based manufacturer of farming equipment Metalagro AD said it is on track to post full-year sales of 4.7 mln levs, a performance it expects will improve to 6 mln levs next year. Over 60% of the output is exported to ... More


Purchase and sales of agricultural products in October 2005

The value of total purchase of agricultural products in the October 2005 in comparison with the October 2004 has shown decrease by 53.2% (The value of purchase of agricultural products from the private producers is decreased by ... More


Bulgaria signs the seventh agreement under SAPARD

Bulgarian Finance Minister Plamen Oresharski and Agriculture and Forestry Minister Nihat Kabil signed the seventh agreement under SAPARD between Bulgaria and the European Commission (EC), which modifies their 2004 Annual ... More


US and Turkey clash over rice trade

The United States announced it had filed a trade case with the World Trade Organization accusing Turkey of imposing unfair restrictions on US rice exports. US officials said the WTO case contends that Turkey has an import ... More


The Agricultural Land Ownership will be revised

The Agricultural Land Ownership and Use Act will be revised before the end of this year, National Assembly Agriculture and Forestry Committee Chairman Vassil Kalinov MP of the ruling Left said in Pernik. The revisions are ... More


This year’s SAPARD funds - Almost entirely assigned

SAPARD has EUR 14 million funds available for this year, off the EUR 208 million assigned for Romania, according to a press release from the institution. During the first 10 months, Romania absorbed EUR 194 million of the 208 ... More


Price indices in agriculture

Input prices (purchase prices of the means of Agricultural production) in September 2005 in comparison with September 2004 are increased by 2.4%, and output prices (producer prices of agricultural products) in September 2005 in ... More


Eurosys to map Bulgarian farmlands

Bulgarian-Belgian consortium Eurosys won the contract to photomap over 46,000 sqm of agricultural land located mainly in North-eastern Bulgaria beating 3 rival companies, a project worth 3.5 mln levs. A total of 6 mln levs ... More


Bulgaria-Turkey Trade Doubles

Trade between Bulgarian and Turkey for 2005 is expected to be worth USD 2 B. That would mean a 100% increase over the last two and a half years, data showed. Turkish entrepreneurs held a meeting with partners from the region of ... More


Hunting plans

Opportunities for investment in hunting tourism, horse and dog-breeding for fox hunting were high on the agenda of a meeting on September 20 between Deputy Agriculture Minister Stefan Yuroukov and a UK delegation. The UK ... More


Photomap contract

Belgium’s Eurosense company was contracted on September 21 to compile a digital ortho-photomap of Bulgaria, which will serve to identify its crop acreage ahead of the planned distribution of EU farm aid subsidies between ... More


Agricultural development decided in Albania

Albania's agribusiness associations held their annual meeting on 26 September and called for a number of steps to enhance agricultural development. These include establishing a rural bank, reducing fuel prices for the sector, ... More


Satu Mare sell-off under scrutiny

Satu Mare county Prefect Radu Bud has requested the launch of an investigation in the privatization of Agrozoocom, following a notification from a group of Agrozoocom employees who claimed that the company's price had been under ... More