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

Deal #4947 Version #70224

Romania

Created at

2016-01-26

Last update

2021-09-24

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 three intermediaries (Elena Bosca, Bardeau Holding and Kamparo Investment), 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

Comment on nature of the deal

According to the media reports, the company first bought the land and then leased it to "skilled tenants"

Negotiation status

[2005, current] Concluded (Contract signed)

Comment on negotiation status

several agreements over land that was ourchased from three intermediaries since 2005: between 2005 and 2014, Rabobank's subsidiary Kamparo Investment bought land from villagers - land, which according to its owners was never sold. Moreover, Kamparo bought land from a company called Retail Development (owned by two Liberian companies: Vane Investment Corporation and Tegor Holdings). Since 2011 Rabobank also bought land from Bardeau Holding (see #4556) and a physical person (see comment above) who had bought it from subsistence farmers - allegedly in an unlawful way.

Implementation status

[2008] Startup phase (no production)
[2009, current] In operation (production)

Contract farming

Yes

On leased / purchased

Yes