Wednesday, September 26, 2007

Spain plans investing EUR 50 mln. to strawberry production in Romania

According to information provided by Ebronisze.pl with the reference to Romanian mass media, Spanish investors plan investing around EUR 50 mln. to the development of strawberry production in Romania. There is preliminary information saying that modern strawberry plantations will be established in the central regions of Romania.

To the opinion of the source, one of the main reasons of the increased interest of EU investors to Romania is a low land cost in this country, and relatively low labor cost if compared to the other EU countries. The analysts of "Agrooglyad: Vegetables and Fruits" weekly also point out the favorable weather conditions of Romania for strawberry production, and also good opportunities for strawberry sales on the inner market where the competition among the producers remains relatively low.

"Agrooglyad: Vegetables and Fruits" informs, strawberry is one of the most attractive crops to invest into in Ukraine; the production growth rates confirm this fact. Strawberry production has been growing for the fourth year; it has increased 55-65% during this period.

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