​Israeli company Tnuva will halt its cowshed activity in Romania, with representatives of the milk producer saying the decision was made on financial considerations, according to ynetnews.com. Tnuva has some 1,2 milk cows in Romania, covering 25% of the local production of the company.

Ynetnews quotes Tnuva CEO Arik Schor who says the cooperative has enough milk from external sources to cover the needs. Schor pointed out that cow breeding was not part of Tnuva's core business and that the decision was thoroughly examined.

The Tnuva farm is located 20 km outside capital city Bucharest, close to the company dairy factory.