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Sunday, 11.12.2016, 15:51
Estonia's Minister of Rural Affairs Martin Repinski handed his letter of resignation to Prime Minister Juri Ratas on Tuesday, less than two weeks after the new government was sworn in on Nov. 23, reports LETA/BNS,
Keyword tags: Agriculture, Estonia, EU – Baltic States, Markets and Companies, Society
Agricultural output in the EU stood at €411.2 billion in 2015, down by 1.8% compared with 2014. In 2015, about 60% of the value of agricultural output generated was spent on intermediate consumption (input goods and services), while gross value added (i.e. the value of output minus the value of intermediate consumption) was at the level of 40% (or €164.6 bn).
Klasmann-Deilmann, Germany's peat extraction and substrate production company, is expanding operations in the field of renewable energy, consequently five of the companies it operates in Lithuania, including the country's biggest peat substrate producer Klasmann-Deilmann Silute, will also will step up the focus on the area, Verslo Zinios daily information cites LETA/BNS.
While a lot of attention is being paid in Estonia to modern fields of technology, the dairy sector, which continues to have potential to make a contribution to economic growth, must not be allowed to fall into oblivion, Jaanus Murakas, deputy chairman of the supervisory board of the Estonian Chamber of Agriculture and Trade, says citing LETA/BNS.
The weekly Eesti Ekspress writes in its Wednesday edition that goat's cheese sold by the company of Martin Repinski, who is set to take over as the new Estonian minister of agriculture, has been imported and is not an organic product, and that as business owner Repinski has manipulated with taxes and left wages unpaid, cites LETA/BNS.
Lithuania's agricultural product processing company Kauno Grudai (Kaunas Grain) has established a subsidiary in Estonia and is looking to start processing grain in that country, the LETA/BNS recorded according to Verslo Zinios information.