about us | newsletter | contact | archive | members area
Gabriel Pantelimon, Xerox
Romania has also become known for its high quality human resources»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Romania has significant potential in agriculture, but low productivity, says PwC Romania

Romania is one of the European countries with the highest potential in agriculture with the sixth biggest agricultural use area in the EU, but it has a low productivity due to several factors, according to an analysis by professional services firm PwC Romania

2017-04-03 00:47:41 - From the Print Edition

Romania registered in 2013 a used agricultural surface of 13.9 million hectares, behind France (28 million ha), Spain (29 million ha), UK (17.3 million ha), Germany (16.7 million ha) and Poland (14.4 million ha), but bigger than Italy (13.1 million ha), Hungary (5.3 million ha) or Bulgaria (5.1 million ha).

Out of the Romanian available area (8.2 million ha), 60 per cent represents arable area, out of which around two thirds are used for cereals, making Romania one of the ten biggest cereals exporters worldwide (ninth place in wheat export and sixth place in corn export).

The share of agriculture in Romania's GDP dropped constantly over the last 20 years, from 22.6 in 1993 to under five per cent of the GDP in 2015, due to the structural transformation of the Romanian economy, from an industrial-agricultural economy to one based on services.
Approximately 85 per cent of the total workforce in agriculture is unpaid, working on their own agricultural areas for subsistence, compared with the average share of unpaid workers from agricultural sectors in the EU, where it is 72 per cent.

"All this data leads to the fundamental issue that confronts Romania within the agriculture sector; the relative low efficiency of agricultural production. There are many things to be improved in the Romanian agricultural field. There are several factors that affect this low efficiency, such as the fragmentation of the agricultural areas, as almost 75 per cent of the farms from Romania contain under two hectares, and the level of training of the farmers, as 94 per cent of the Romanian farmers said they gained their knowledge in agriculture by practicing it," said Bogdan Belciu, partner in consultancy services for management at PwC Romania and coordinator of the study.
"This is why we thought of optimizing the agricultural areas by registering the properties in the national system of cadastre and improving the manner of grant offerings for the small areas, as well as the increase in the level of professional preparation of the farmers by promoting vocational and agricultural technical schools, " added Belciu.

However, Romania still has the highest share of the agricultural sector in GDP out of all the EU countries, three times higher compared to the European average. Moreover, in 2014 27.3 per cent of the Romanian active population was hired in the agricultural sector, six times higher than the European average of 4.4 per cent of the active population.

Romania is in the last position regarding the gross added value per hectare, around 600 Euro/ha in 2013, compared with the Western Europe countries where the gross added value exceeds 1,000 Euro/ha. The gross added value on every sector from the economy leads to the formation of the GDP calculation.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  6979 Views
Daily Info
President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, in ...

Vodafone to lay off 1,700 service center employees in Romania, India and Egypt

Vodafone, one of the biggest telecom groups in the world, will lay off 1,700 employees from its service centers in Romania, India and Egypt, in this financial year, the group'...

European Property Federation elects Liviu Tudor as new President

The European Property Federation Managing Committee elected Liviu Tudor, CEO of Genesis Property and President of the Romanian Association of Building Owners, as President of ...

Commisioner Cretu: Romania has a high level of women representation in the digital sector

Romania is one of the countries of the European Union with a high level of representation of women in the digital sector, said European Commissioner for Regional Policy, Corin...

Romania gets 450 million Euro loan from EIB for rural development programme

The European Investment Bank (EIB) is lending 450 million Euro to Romania to finance its national contribution to the implementation of the Romanian Rural Development Programm...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
President Iohannis: Interconnection projects revealed at Three Seas Initiative summit are a top level political signal

The list of priority interconnection projects presented within the Summit of the Three Seas Initiative is "a top level political signal", on Tuesday stated Klaus Iohannis, ...

President Iohannis to hold CSAT meeting on September 4 for budget revision

Romanian president Klaus Iohannis has summoned on September 4 the members of the Supreme Council of National Defence (CSAT) to approve the budget revisions for institutions...

1 Comment

Anca Jurma named interim chief prosecutor of Romanian anti-corruption agency

Prosecutor Anca Jurma has been named the interim chief prosecutor of the Romanian anti-corruption agency (DNA) following an order by the General Prosecutor Augustin Lazar. ...

1 Comment

New Government reshuffle in Romania to take place in October

A new reshuffle of the Government is supposed to take place in early October, according to the Socialist-Democrat Party (PSD) Liviu Dragnea. He said that, together with the...

Ambassador Klemm: Women are directly affected by digital exclusion

Women are directly affected by digital exclusion, US Ambassador to Bucharest Hans Klemm said Monday at the opening of the Digital Romania International Forum.

TransferGo receives electronic money license

TransferGo, the international fast online transfer company, has been granted its e-Money license from the Bank of Lithuania. The license allows electronic money storage & t...

1 Comment

Romania could remove special excise on fuels

Romania's Finance Ministry could remove the special excise on fuel, according to the minister Eugen Teodorovici, cited by Mediafax.