Page 9 - RO BG Dierlijke sector presentatie LAN dagen

Strengths & weaknesses of the RO agri sector

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•Good quality soil •Low yields
•Generally good climate conditions •Land fragmentation, cadastre
•Availability of (still cheap) land •Irrigation & infrastructure
•Lower labour costs •Large share of subsistence farming
•EU funds for investments (9.4 bln •Aging population + migration
Eur for 2014-2020; ~50% grant) •Non-organised primary sector
•Strong need for modernisation (reluctance to cooperate)
•Consumer market with growth •Lack of (co-)financing
potential •Fiscal & legal/regulatory instability
•VAT for agri-food recently •Bureaucracy
reduced from 24% to 9%

9 Emar Gemmeke | Landbouwraad voor Romenië en Bulgarije
16-03-2016