Foreign farmland ownership rises over ten per cent
Around one million hectares of Romania’s farmland are in foreign hands, and the interest in investing in agricultural plots is growing. Report by Nicoleta Banila and Michael Bird March 2011 - From the Print Edition
Multinationals and investment funds are prowling around Romania intent on investing in Romania’s arable estate.
Pieces of Romania are now owned by companies from European countries, while funds from the Middle and Far East are turning on to opportunities in southeast Europe.
According to Ministry estimates, Romania is rapidly approaching nearly a million hectares of arable land bought by non-Romanians – around 12 per cent of the country’s farming estate.
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