Economic Conditions
Property prices
Today, the price of good farmland is 2 500-4 000 €/ha, including all expenses.
Prices are expected to rise to 6 500-10 000 €/ha (comparable to Poland) within a couple of years.
Property prices in Romanian have risen by a factor of ten since 1995.
Tenancy fee
Farm tenancy fees are in the area of 50-200 €/ha/year.
Subsidies
- Investments
Several development funds subsidise investments in machines, buildings and breeding stock.
Subsidies of up to 50% can be achieved. - Area payment scheme etc.
The EU has given Romania the conditions for subsidies as other East European countries.
In general agricultural aid in the EU is 300 €/ha.
In 2007, Romania is eligible to receive 25% of this amount (75 €/ha), rising to 30% (90 €/ha) in 2008.
This will rise by 10 points per year until 2015, when Romania will receive equal status with other EU member countries.
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