Gabriel’s story: Giving agricultural waste a new life

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Rongo Design works with different kinds of waste from industrial partners and local farmers, combined with and a range of fungus species, to create 100% organic acoustic panels for interior design. These panels are then used in ecological building across Romania, giving waste a second life. Thanks to a loan under the EAFRD risk-sharing financial instrument, Rongo Design’s Founder, Gabriel Barta, was able to buy the proper equipment and start to scale up his business.

Small and medium-sized farms in Romania often have strained economic performance. This video case study shows how the EAFRD Risk Sharing Loan financial instrument plays a key role to facilitate access to finance for farmers in Romania, stimulating growth and job creation in the sector.

 

Valentin’s story: An essential loan for premium raspberries

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Raspberry farmer, Valentin Verzea, focuses on local production and boasts the freshest supermarket raspberries in Romania. Valentin’s successful transition from bank manager to farmer was made possible thanks to a EUR 500 000 loan under the EAFRD risk-sharing financial instrument. Thanks to this financing, Mr. Verzea was able to buy new equipment, expand his irrigation network and upgrade the refrigerating facility. The loan also helped him transition from soil production to pots and substrate, doubling production and improving quality.  

Small and medium-sized farms in Romania often have strained economic performance. This video case study shows how the EAFRD Risk Sharing Loan financial instrument plays a key role to facilitate access to finance for farmers in Romania, stimulating growth and job creation in the sector.

 

FI Campus 2023 – Highlights

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Explore highlights from FI Campus 2023, where the European Commission and the European Investment Bank convened experts and practitioners to delve into the evolving landscape of financial instruments for EU shared management funds. Key topics such as green transition financing, urban development, equity investments, and the Common Provisions Regulation were discussed alongside interactive sessions focusing on audit, microfinance, worker buyouts, social impact investing, and sustainable fisheries and aquaculture support.