Deal #4732

Location #1

Spatial accuracy level
Exact location
Location
3840 Boynitsa, Bulgaria

Latitude
43.9575807
Longitude
22.53251249999994
Target country
Bulgaria

Land area

Intended size (in ha)
10000
Size under contract (leased or purchased area, in ha)
[2014] 2000

Intention of investment

Intention of investment
Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[2011] Concluded (Contract signed)

Implementation status

Implementation status
[2014] In operation (production)

Leasing fees

Annual leasing fee
10000000
Annual leasing fee currency
Euro (€)
Annual leasing fee type
for specified area

Operating company

Comment on investment chain
the company sub-contracted a Bulgarian agricultural business to farm the land

 

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Data source #1

Data source type
Media report
File
Date
2011-11-17

Data source #2

Data source type
Media report
File
Date
2014-11-13

Data source #3

Data source type
Media report
File
Date
2014-11-15

Data source #4

Data source type
Company sources
File
Date
2015-01-01
Comment on data source
website of another company; see "other investors"

Data source #5

Data source type
Research Paper / Policy Report
File
Date
2014-03-01

Data source #6

Data source type
Research Paper / Policy Report
File
Date
2013-04-17

Data source #7

Data source type
Research Paper / Policy Report
File
Date
2015-05-01

Consultation of local community

Community consultation
Not consulted

How did the community react?

Community reaction
Rejection

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)
Comment on former land owner
the investor leased the land from "a major Arendatori" (= a large Bulgarian investor) who, according to the people in the village, had bought the land very cheaply in the early 1990s and consolidated it

Detailed crop, animal and mineral information

Crops area
Alfalfa, Corn (Maize), Sun Flower

Use of produce

Has export
Yes
Export
100
Country 1
China

Jan. 4, 2016, 5:37 p.m.

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July 29, 2015, 5:13 p.m.

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