agriculture romania

Digital Due Diligence (DD) and Pre-DD performed on farm land in Romania

After selling large plots of agricultural land during 2003-2007 we shifted from sales to due diligence and used our expertise to evaluate farms and agricultural land in Romania. Since then we performed a due diligence almost every year in a classical way. We also used our expertise for share deals with factories that were bought by investors as we active in Romania since 2003.

Buying a farm in Romania

Additional Regulatory Hurdles for agriculture in Romania

Beyond the preemption rights framework, new legislation like Law 17/2014 has introduced several other regulations that potential buyers must consider:

  • Restrictions on the agricultural use of fertile land

  • Mandatory soil quality certificates

  • Penalties for non-compliance

  • Temporary interdiction to sell certain agricultural land outside buildable areas

New law from 13 October 2020 in place in Romania for foreigners on buying agricultural land.

New provisions on the sale of farmland located outside of the buildable areas is installed as per 13 October 2020.

As per 13 October, the foreigners can still buy agricultural land if they buy a company via a share deal. Other transactions are not possible any more for foreigners. Romania has put as single European country a limit for European citizens and other foreigners. Not very correct towards the citizens of Europe in my opinion.