Trademagazin > News and articles > Market News > VAT on organic food was reduced to five percent in Romania
VAT on organic food was reduced to five percent in Romania
In Romania, the minimum VAT rate on food products classified as traditional products and organic foods and on traditional non-alcoholic beverages is reduced to 5 percent.
According to Prime Minister Viorica Dancila, the measure aims to make the “high quality, healthy food” more popular for Romanian consumers, encouraging them to eat healthy. (Baranyi László, MTI)
Related news
In March, annual inflation slowed to 6.6 percent in Romania
Annual inflation in Romania slowed to 6.6 percent in March…
Read more >Serviced counters help local proximity supermarkets rise in Central & Southeast Europe
Local proximity supermarkets increase their market share in Central &…
Read more >In February, the annual inflation in Romania was 7.2 percent
In February, the annual inflation rate in Romania was 7.2…
Read more >
More related news >
Related news
The latest issue of Trade magazin is out now!
The digital version is available with more content once again…
Read more >FAO: global food prices increased for the second month in April on a monthly basis
In April, global food prices rose for the second month…
Read more >Beauty care travels at breakneck speed
Beauty care is one of the fastest growing markets in…
Read more >