The Romanian government adopted a decree aimed at limiting the price of basic foodstuffs
In Romania, the government adopted an emergency decree on Friday in order to limit the prices of 17 staple foods.
The legislation limits the permissible margin applied by processors and retailers to 20 percent in the next three months, and wholesale distributors (regardless of the number of sales) can collectively charge a maximum profit margin of 5 percent.
The decree applies to white bread of specified composition and packaging, fresh cow’s milk, “telemea” (Romanian cheese), yogurt, wheat flour, cornmeal, eggs, sunflower oil, chicken, pork, fresh vegetables, fruit, potatoes and sugar.
Minister of Agriculture and Rural Development Florin Barbu emphasized in the government briefing that the legislation does not affect farmers in any way, they can set the price of the products they produce (food and raw materials for the food industry).
Related news
Danone moves part of yogurt drinks production to Romania
The Tetra Pak format of the YoPro drinks is now…
Read more >Shopping tourism may increase due to Romanian food price restrictions
The Romanian government is considering new measures to curb food…
Read more >German retailer Penny invests EUR 35 mln in its fifth warehouse in Romania
German discounter Penny has kicked off construction work on the…
Read more >Related news
Organic or non-organic? – Don’t be afraid to ask!
It is the joint effort of the Union and the…
Read more >The expansion of consumption has been unbroken for eight months, the growth of retail turnover accelerated to 4.1 percent in August
Based on the latest data from the Central Statistical Office…
Read more >Amazon launches climate label in Belgium and Sweden
Amazon is expanding its “Climate Pledge Friendly” to Belgium and…
Read more >