The Cereals Exchange in Corabia is an example of European objective funding, but it has never been operational

9.7.2019

Question for written answer E-002193-19
to the Commission
Rule 130
Daniel Buda (PPE)

Although it should have revolutionised the trade in a region where a lot of cereals are produced, the Cereals Exchange in Corabia, built with European funds in the county of Olt, has never been operational. In the almost five years since it was commissioned, no transaction has been made through the Exchange terminal, and, at present, the building hosts several local action groups and various private companies.

The value of the project for the Cereals Exchange in Corabia was LEI 5.8 million, of which LEI 1.9 million came from European funds. On 25 May 2019, the monitoring of the Cereals Exchange in Corabia ceased ex post. According to the representatives of ADR Sud-Vest Oltenia (South-West Agency for Regional Development), in compliance with the contractual provisions, the indicators undertaken by the beneficiary should have been achieved within two years from the project completion. In spite of the fact that the trade in cereals is flourishing in the area, agricultural producers avoid the Exchange and sign contracts for the delivery of cereals directly to silos.

What measures can the Commission take in order to achieve the indicators committed to by the beneficiary so that the Cereals Exchange can be used successfully?