The bankrupted company, Agrokor changed its name to Fortenova Group. It means that the creditors’ claims will be transferred to the new group.
Statistical data show that in recent years there has been no change in the degree to which Poland lags behind the United States in terms of economic development, measured as the share of employment in agriculture.
Serbia's gross domestic product will accelerate to 4 per cent in 2018 but if Serbia wants to catch up with other countries in the region and Europe, a constant growth of 5% and more is needed.
The increase in the average temperature in the world, mainly as a result of climate change, will reduce the yields of cereals and other crops in the future, writes OECD in its report.
The average price per hectare of arable land in the European Union varies from as little as EUR 1,165 to as much as EUR108,000. Land is the cheapest in Bulgaria, in south of Sofia, and the most expensive is near Genoa, Italy.
The price of Polish pork is determined on the German commodity exchange, Polish grain prices depend on the exchanges in France and the USA, and the global dairy market is controlled by a company from New Zealand.
In recent years, protectionism is steadily growing in the EU food market. For Poland, a major exporter of agricultural food products, it is a worrying phenomenon.
The International Monetary Fund is demanding that Ukraine abolish the moratorium on agricultural land trade which has been in force since 2002.
Polish farms should be bigger and operate like companies, says Justyna Góral, PhD, who studies farmers’ income and the effectiveness of the Common Agricultural Policy instruments.
Agrokor is not only a business venture. It is, as many companies in the Central and Southeast Europe, also a political issue. To understand the business part we have to look at the political relations.