Please note: you are viewing an old version of this deal. The current version can be found here: Deal #4947

Deal #4947 Version #70221

Romania

Created at

2016-01-26

Last update

2016-03-07

Last full update

2021-09-24

Land area

Size under contract (leased or purchased area)

[2015, current] 21000.0 ha

Comment on land area

through two intermediaries (Elena Bosca and Bardeau Holding), the company purchased 17000 ha in Dobromir, 140 ha in Zarand and "tens of thousands more" in 50 other Romanian villages (https://decorrespondent.nl/3772/Farmers-in-what-may-be-the-poorest-village-in-Romania-pressured-into-selling-their-land-to-Rabobank/831126666920-19635dd6 ; https://decorrespondent.nl/3585/Think-land-grabbing-is-a-thing-of-the-past-Think-again/789922879350-90f224d3 )

Intention of investment

[current] Food crops

Nature of the deal

Outright purchase

Negotiation status

[2011, current] Concluded (Contract signed)

Comment on negotiation status

several agreements since 2011 The investor bought land from two intermediaries (a Bulgarian company and a physical person; see comment above) who had bought it from 100 subsistence farmers - allegedly in an unlawful way

Implementation status

[2009] Startup phase (no production)
[current] In operation (production)

Contract farming

Yes

On leased / purchased

Yes