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168 new news items in the last 24 hours
20 October 19:00

The Minister of Agriculture, Florin Barbu, announced the approval of over 110 projects under the Investalim program, with allocations of over 1 billion euros for irrigation and financial support for farmers.

Raluca Ioana Draghici
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Within the Investalim program, the Minister of Agriculture, Florin Barbu, announced the approval of over 110 projects, including meat, milk, and traditional product factories. The amount allocated for the National Irrigation Program exceeds one billion euros, with 51 facilities in operation and 1.6 million irrigable hectares. Additionally, 234 water user organizations received 400 million euros for irrigation infrastructure, and the irrigable area will increase by 670,000 hectares. Farmers benefit from financial support for 50% of the electricity costs used for irrigation, and state aid for agricultural diesel has exceeded 530 million lei. Barbu emphasized the implementation of an energy scheme for farms, funded by the Modernization Fund, which supports the energy transition. Support of 1.5 billion lei has been granted to livestock breeders, and Romania has obtained exemptions from the European Commission for GAEC regulations. Additionally, licenses for imports from Ukraine have been established, and farmers have received compensation for drought. The INVESTALIM program, carried out over four years, aims to reduce the trade balance deficit and encourage local production, with a possible doubling of the initial amount of 600 million euros.

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Profit.ro
ANUNȚ Aproape 600 milioane euro pentru construcția de fabrici de procesare românești
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Economica
Fabrici noi de mâncare în România – se alocă 600 de milioane de euro
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Agerpres
Circa 590 milioane euro vor fi alocate pentru construcția de fabrici de procesare românești, prin programul Investalim (ministru)
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Financial Intelligence
Circa 590 milioane euro vor fi alocate pentru construcţia de fabrici de procesare româneşti, prin programul Investalim (ministru)
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WE INVEST farmers agriculture Florin Barbu Financial support Modernization Fund

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