Romania: Dairy and Products Annual

  |   Attaché Report (GAIN)

Romania’s dairy sector remains dominated by small-size farms. Despite unfavorable market conditions commercial farms are committed to develop further. Deliveries to dairies are projected to decline by 10 percent in 2015 as a result of strong foreign competition. The fiscal measure of reducing the Value Added Tax (VAT) from 24 percent to 9 percent supported an increase in consumer demand for dairy products, partially covered by imports.

Romania: Dairy and Products Annual

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