Top 50 agricultural companies manage 1bn euros" worth of land

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Culita Tarata, Adrian Porumboiu, Mihai Anghel, Ioan Niculae, Stefan Poienaru, along with many foreign-held companies own the biggest farming businesses, reveals the ranking of the top 50 farming businesses released by Agentia de Plati si Interventii in Agricultura (Agency for Payments and Interventions in Agriculture-APIA).

They own and work land that, amid skyrocketing prices in recent years, is worth almost 1bn euros.Out of a total of 9.4 million hectares, Romania"s arable land, almost...

Read the whole story in: Ziarul Financiar