Farmed fields in Bucovina

Location Romania

Why Romania?

Growth potential

  • Strong increase of GDP since 2002 in comparison to Western Europe

Infrastructure

  • Continuous improvement of road and railroad networks

Political support for agriculture

  • High share of agriculture and agribusiness in GDP ensures political support
  • Lower legal regulatory level compared to most Western European countries

Land market

  • Acquisition of freehold land by foreign investors possible without limitations
  • Strong positive development of Romanian arable land values in the last decade. This proofs the increasing appeal for investments in this area
  • Land prices are currently still significantly lower than in other Central European countries

Workforce

  • Excellent ratio of productivity and wage levels
  • Reasonably good level of qualification of skilled workers, in comparison to other Central and Eastern European countries

Legal

  • Stable legal environment through EU membership
  • Reduced VAT rate for agricultural products and services
  • Comparably low, flat income tax rate

Region Bucovina

The farms of ACS Landwirtschafts AG are located in north-eastern Romania in the counties of Suceava and Botosani. Climate and soils in the region Bucovina allow for growing a wide range of different crops.

Characteristics of the location Bucovina (Romania)

  • Altitude: 250-400 m above sea level
  • Soils: Middle to heavy soils, good water holding capacity
  • Access to water for irrigation
Location of ACS, Bucovina region, Romania
Climate in Bucovina region, Romania

Climate of Bucovina region (Romania)

  • Continental climate with significant alterations between summer and winter
  • More than 550 mm of annual precipitation with suitable rainfalls during vegetation period
  • Average temperature: 8,7 °C
  • Advantageous climate for growing a wide range of crops