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· Agricultural
· Business (Tobacco)
non-USA, by Country
· Moldova
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Jump to full article: moldova azi (md), 2004-04-02
Intro: To improve things in the tobacco sector, the plantation area should be not less than 15 thousand hectares. Such a task was set to responsible officials by Prime Minister Vasile Tarlev at the Thursday's special working meeting he convened to discuss situation in the sector. . . .
Mr. Mihai Machidon, Director General of the Moldova-Tutun agri-industrial department, indicated several essential reasons of the tough situation in the sector: lack of raw materials, enterprises' debts, shortage of circulating capitals with both farms and fermentation factories, high wear and tear of equipment, and lack of means that prevents re-equipment.
In order to improve the situation, the sector's flagship - Chisinau cigarette factory Tutun-CTC - will increase the volume of investment in crediting of tobacco farms.
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