Articolele autorului Andrei Cîrchelan
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Requests To Hike Gas Prices Are Justifiable - Romanian Energy Watchdog
Natural gas suppliers operating in Romania are entitled to request the increase of regulated prices and the use of reserves for several industrial consumers, according to a document of the local energy regulator ANRE. citeşte tot
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IMF: Romania To Free Gas Prices Gradually By 2015
Romania will free the natural gas market in stages by 2013 for companies and between 2013 and 2015 for household consumers, Monday said Jeffrey Franks, the head of the IMF delegation to Romania. citeşte tot
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Romania, EU To Discuss Local Fuel Market Probe Results, Measures
Romania will most likely complete its fuel market probe and conclusions in the second half of this year, after talks with the European Commission, people close to the matter told MEDIAFAX. citeşte tot
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Nabucco Construction Start Delayed To 2013
The consortium building the Nabucco gas pipeline postponed construction start by one year, until 2013, while the date of first deliveries was pushed back to 2017. citeşte tot
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Romania’s March Net Salary Up 5.6% M-M, To RON1,493
Romania’s net average salary in February was at 1,493 lei (EUR363), up 5.6% compared with the previous month, Romania’s statistics institute said Friday. citeşte tot
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Romania’s Construction Market Needs Infrastructure Works To Revive
Recovery for Romania’s nearly-flatlined construction segment depends on investment, project selection and improved legislation, as the market is “running out of companies to go bankrupt”, Thursday said Cristian Erbasu, president of construction employers' association PSC. citeşte tot
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Romanians Still Can’t Afford New Apartments - JLL
New apartment prices are still too high for Romanians, while developers are getting signals that they can no longer count on government support, real estate consultancy firm Jones Lang LaSalle, or JLL, said in a report Tuesday. citeşte tot
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Asking Prices For Bucharest Apartments Down 13% On The Year
The average asking prices for apartments in Bucharest dropped 13% on the year in April, realty ads portal anunturiparticulari.ro said Monday. citeşte tot
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Rompetrol Adds RON0.07 To Gasoline Pump Prices, Cuts RON0.03 Off Diesel Prices
Romanian fuel distributor Rompetrol Downstream on Friday increased pump prices for gasoline by 0.07 lei (EUR0.017) per liter, but decreased diesel fuel prices by RON0.03 per liter. citeşte tot
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Sterling Resources Deplores Romania’s Opaque Drilling Permission System
Canadian oil and gas company Sterling Resources on Thursday said it cannot operate in its Black Sea perimeters at the present time, since local authorities are unable or unwilling to issue the required permits. citeşte tot
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MP Drafts Law Banning Romania’s Would-Be Natural Gas Exports
Romanian leftist MP Iulian Iancu told an energy conference Tuesday that he has submitted a draft law banning natural gas exports, even though Romania is physically unable to unfold such exports at the moment. citeşte tot
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CBRE: Retailers Still Maintain High Interest For Romanian Market
Romania ranks third of 73 countries in the world by the number of retail brand entries in 2010, in a survey of real estate consultancy firm CB Richard Ellis. citeşte tot
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PwC: Romania Needs Friendlier Laws to Become Major Trade Route
Romania could become a major trade route, through the Constanta harbor on the Black Sea coast, but first it needs measures such as postponing the payment of value added tax for all importing companies, regardless of volumes, audit and consultancy firm PricewaterhouseCoopers said Monday. citeşte tot
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Romanian Court Allows Rompetrol Rafinare Delisting, Appeal Pending
The Bucharest Court of Appeals decided securities regulator CNVM should pay oil company Rompetrol 1 million lei (EUR1=RON4.0966) in moral damages after the blocked delisting of Rompetrol Rafinare (RRC.RO), according to a Rompetrol report issued Friday. citeşte tot
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Romania Posts Highest Annual Inflation In EU For 8th Straight Month
Romania maintained the highest inflation in the European Union for the eighth month in a row in March, while the EU's average rate was stable at 2.7%, statistics office Eurostat said Friday. citeşte tot
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Romania's Energy Strategy Still Relies On Coal - Economy Adviser
Romania’s energy strategy will continue to rely on coal for electricity production, Thursday said Tudor Serban, adviser to the economy minister. citeşte tot
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Romanian Competition Auth To Complete Fuel Mkt Probe By Midyear
The Romanian Competition Council’s investigation of the local fuel market should be complete in the first half of the year, and the results will be sent to the European Commission, the authority's president Bogdan Chiritoiu said Tuesday. citeşte tot
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Franklin Templeton Says Romania Could Attract EUR3.5B By Listing Nuke, Hydropower Plants
Romanian state-owned power producers Hidroelectrica and Nuclearelectrica could draw funds worth a total EUR3.5 billion when floating stock on the bourse, Monday said Greg Konieczny, manager of investment fund Fondul Proprietatea (FP.RO), which holds minority stock in the two companies. citeşte tot
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Romanian Govt Talks To Petrom On Refinery Reopening - Sources
The Romanian Government launched discussions with oil company OMV Petrom (SNP.RO) in a bid to reopen the Arpechim refinery, which Petrom shut down recently, people close to the matter told MEDIAFAX. citeşte tot
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Lukoil Romania Follows Fuel Price Moves With RON0.06/Liter Hike
Oil company Lukoil Romania on Friday raised its pump prices by 0.06 lei (EUR1=RON4.1146) per liter, after competitors OMV Petrom (SNP.RO) and Rompetrol announced price increases by RON0.09 per liter earlier the same day. citeşte tot
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Romanian Petrom Sets Tone For New Fuel Price Hikes With RON0.09 Raise
Romania’s largest oil company OMV Petrom (SNP.RO) Friday raised its gasoline and diesel oil pump prices by 0.09 lei (EUR1=RON4.2065) per liter, which could trigger similar increases from other local fuel sellers. citeşte tot
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Romania Still Plans To Create Energy Champions - Official
Romania has not yet given up the idea of creating two national energy champions, and it is currently evaluating alternative solutions to this end, an Economy Ministry official said Thursday. citeşte tot
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Romanian Modern Retail Rose By 100 Units In 2010
Some 100 stores were opened last year in Romanian modern retail (supermarkets, hypermarkets, discount stores), amounting to a total 642 units at the end of the year, according to research company Nielsen. citeşte tot
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Fondul Proprietatea Requests WTC Bucharest Insolvency
Romanian investment fund Fondul Proprietatea (FP.RO) has asked the Bucharest Court to start insolvency procedures against the World Trade Center in Bucharest. citeşte tot
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Over Half Of Romanian Mall Retailers Saw Higher Sales In ‘10
Over half of retailers active in Romanian malls posted sales increases of up to 30% in 2010, compared to 2009, according to a survey published Tuesday by real estate consultants Colliers. citeşte tot