Romanian farmers are building onion storage facilities to reduce dependence on imports

Published 2024년 4월 15일

Tridge summary

The Romanian agricultural cooperative Argedava Novaci is set to invest 8 million euros in the development of onion storage and drying facilities. This strategic move aims to leverage the price fluctuations between periods of overproduction and scarcity, particularly in spring when Romania heavily relies on onion imports, mainly from the Netherlands. Despite Romania's substantial annual onion production of over 300 thousand tons, the country still imports more than 80 thousand tons due to inadequate storage infrastructure. This results in a significant amount of the local produce not reaching the market. Argedava Novaci's investment seeks to mitigate this issue by enhancing domestic storage capabilities, thereby reducing the country's dependency on imported onions.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Romanian agricultural cooperative Argedava Novaci, which cultivates a total of 800 hectares of land in several districts around Bucharest, plans to invest 8 million euros in onion storage and drying facilities to benefit from the price difference between the period of overproduction and the spring, when Romania imports onions from Netherlands. This was reported by AgroTimes with reference to Romania-Insider. “Currently Romania produces 30 to 40% of its onion consumption. The biggest problem is that we do not have drying and storage capacity because this vegetable needs several ventilation chambers for storage. However, these cameras are expensive,” explained Jonuc Vocin, president of the cooperative and chief executive of Oxigen Agro Product Company, part of Argedava Novaci. Read also: Onion 5G: new technologies guarantee excellent quality, high shelf life and savings on pesticides According to the latest data, Romania imports more than 80 thousand tons of onions annually from the ...

Source: Eastfruit