Studies on the Current Stage of the Investments Made for the Development of Storage Capacities of Field Crops Production, Through the Sub-Measure 4.2 of the "National Program for Rural Development 2014-2020", in the South-West Region Oltenia

Abstract

The National Rural Development Program is a program coordinated by the Ministry of Agriculture and Rural Development, in consultation with the representatives of the organizations, organizations and social partners that have activity in this field and approved after mediations with the European Commission, being structured in measures aimed at supporting and developing rural area in Romania. Sub-measure 4.2. - "Support for investment in the processing / marketing and / or development of agricultural products", falls within measure 4 - Investments in physical assets. This sub-measure aims to improve the competitiveness of primary producers by better integrating them into the agri-food chain through quality schemes, increasing the added value of agricultural products, promoting local markets, short supply circuits, producer groups and interprofessional organizations, facilitating diversification, setting up small businesses, and creating jobs. This study aims to analyse the absorption of European funds in order to modernize the storage capacities, field crops production in the S-W Oltenia Region, in the period 2015-2017, their impact on the local economy. In this paper, it is proposed to follow the dynamics of the financing of projects for the modernization of grain storage capacity by sub-measure 4.2, at the level of the South-West Oltenia Region, which have an eligible value of 8,521,062 €, and the public value is of 4,260,529 €, in relation to nationally funded projects with an eligible value of 105,057,929 €, and the public value of 55,435,303 €.