The European Council has approved the increase, for one year, of the export quotas for several Moldovan farming products, the Economics Ministry reports. “The producers from the agricultural sector of Moldova will be able to export to the European Union’s market, during one year, substantially larger quantities of farming goods, without the payment of customs…
The largest vertical farm in Europe is currently being developed in Lithuania. The business has already attracted 6 million euros in investment, and more is expected over the summer. According to Valentinas Civinskas, CEO of Leafood, the developer of the vertical farm, this technology will allow Lithuanians to enjoy fresh quality produce all year round.…
Over the past two months, the price of the raw material used to produce rapeseed oil has decreased by nearly EUR 200 per ton, or up to one third. Rapeseed oil prices on store shelves, however, won’t be following suit. According to Talis Raak, head of purchasing at Rimi, the retail price of cooking oil…
The export of sweet cherries and cherries from Moldova has recorded an increase of more 2-fold this year. According to the Customs Service (SV), the export of sweet cherries grew by 117% and of cherries – by 99%. Thus, economic agents exported more than 12,000 tons of sweet cherries (about 640 trucks) and over 3,000…
In April-June, food product prices increased in all three Baltic States. Food products are more expensive in supermarkets in Riga when compared to neighbouring countries, according to data from the head of Agricultural Market Promotion Department of the Institute of Agro-Resource and Economics Inguna Gulbe. “Baltic States are no exception, similarly to the rest of…
A new blueberry storage and processing enterprise, with a total investment of GEL 2.3 million ($798,361 or EUR 787,383), has been launched in the western Georgian town of Khobi with the support of the Rural Development Agency. The agency announced on July 12 the facility had the capacity to store and process 600 tons of…
According to the State Customs Service of Ukraine, since the start of 2022-2023 MY (July 1) and as of July 11, Ukraine has exported 402 thousand tons of grains and pulses. The total included 71 thousand tons of wheat (210 thousand tons as of the same date last year), 17 thousand tons of barley (18…