price

Transport Minister Says Sibiu-Pitesti Highway Costs More Due to Expropriations

Romanian transport minister Razvan Cuc explained Friday the total cost to build the 123 km highway linking Sibiu to Pitesti is EUR2.6 billion plus VAT, higher than in the transport master plan, due to expropriations.

Romanian Car Repair Shops Might Double Prices Following Authorization Tax Hike

The Romanian Association of Independent Car Repair Shops (ASSAI) said Thursday service garages might have to raise repair prices following a decision by the Romanian Auto Registry (RAR) to increase annual repair shop authorization taxes.

Romania May Keep Some Energy Price Regulation Beyond 2015

Romanian energy regulator ANRE may keep applying current pricing regulations for electricity and gas beyond 2015, for certain categories of clients, despite deregulation agreements concluded between the government and the International Monetary Fund.

Romania Imported Gas Price Rises At 2-Yr High In Jan

Romania imported in January natural gas at $399 per thousand cubic meters, the highest price since March 2009, according to data published by energy regulator ANRE.

Vegetable Oil Price In Romania Might Hike About 30% In March-April

The price of vegetable oil in Romania might increase by about 30% in April or March, due to a lack of raw materials on the local market, Foodstuff Industry Union Federation president Dragos Frumosu told MEDIAFAX.

Bread Price In Romania To Hike Over 15% In February

The price of bread in Romania will increase by over 15% as of February, after a 10% hike over the past four months, driven by wheat imports, Aurel Popescu, head of the Rompan employers association in the bread industry, told MEDIAFAX Friday.

Wind Energy May Raise Romania’s Electricity Prices By 2% In 2011

The renewable energy production might raise Romania’s electricity price by 2% in 2011, according to Ion Lungu, head of the association of electricity suppliers in Romania AFEER

Bread Price Could Rise 30% In Fall, Says Industry Union Leader

The price of bread in Romania could increase by as much as 30% in fall this year on higher wheat prices, said Thursday Niculae Stefan, head of the National Federation of Unions in Agriculture, Agrostar.

Romania 2H 2009 Household Gas Tariffs At EUR7.5/GJ, Lowest In EU

Romania household gas prices fell 8.2% on the year to EUR7.5 per gigajoule in the second half of 2009, the lowest tariff in the European Union, official data showed Friday.

Vouchers For Romanian Clunkers Program Traded For RON1700

Vouchers worth 3,800 lei (EUR1=RON4.0923) issued for scrapping cars in the Romanian clunkers program are being traded for around RON1,700, two weeks since the program started.

Avg Price Per Km Of Hwy In Romania Is EUR3.5M – EUR8.5M – Trans Min Document

The average price for one km of highway in Romania is between EUR3.5 million and EUR8.5 million, depending on the project’s complexity, according to a Transports Ministry document signed by Minister Radu Berceanu and acquired by MEDIAFAX.

Cigarettes In Romania To Cost RON0.4 More Per Pack As Of April 1

Cigarette prices in Romania will increase by 0.4 lei (EUR1=RON4.2723) per pack as of April 1, as the Romanian Government decided to increase excise duties on tobacco products as of April 1, to EUR57 per 1,000 cigarettes from EUR50.

Heroin Prices In Romania Doubled

Drug consumers will have to pay twice as much for a dose of heroin, with the price now at 70-80 lei (EUR1=RON4.3096) on the Bucharest drug market. They will also put their life in jeopardy, because although there is less heroin in a shot, the concentration of chemicals is higher.

KazMunaiGaz Paid $1.6B For 75% In Romanian Rompetrol Vs. $2.7 Pvs Valued

Kazakhstan's state energy company KazMunaiGaz, or KMG, paid $1.6 billion for a 75% stake in Netherlands-registered Rompetrol Group NV, founded by Romanian oil tycoon Dinu Patriciu, according to KMG's annual financial report, below the amount previously estimated at $2.7 million.

Import Gas Price To Hike In Romania In 4Q ’08 – E.ON Gaz

The import gas prices will hike in the last quarter of 2008, Frank Hajdinjak, president of the managing board of gas distributor E.ON Gaz Romania, the local unit of Germany's giant E.ON, said Wednesday in the central Romanian city of Targu Mures.

Romanian Political Parties, Pres Talk Price Hikes

The representatives of Romanian parliament parties who attended consultations with president Traian Basescu on the price hikes for foods and fuel, presented media with the conclusions of the reunion.

Romania’s Natural Gas Prices May Hike Again As Of Oct 1 – ANRE

Price of household natural gas will not hike in the third quarter of 2008, but it might be up on October 1, if Romania’s Energy Authority ANRE receives justified price rise requests from gas distributors.

Romania’s Rompetrol Cuts Pump Prices By RON0.05/Liter

Romania’s second-largest oil company Rompetrol Group NV cut Wednesday its pump prices by 0.05 lei (EUR1= RON3.6284) per liter, the company said in a statement.

Bread Prices In Romania To Hike Again By Easter

Bread prices in Romania will increase again by Easter, as wheat prices have continued to rise in the past week, said Tuesday Aurel Popescu, head of the Rompan owners’ association in the industry.

NATO Summit Mercedes Light Limos To Be Sold In Romania

The Mercedes-Benz S 500M L luxury non-armored cars used in the NATO summit will be sold in Romania, with a price cut depending on the mileage, while armored cars of the same brand will be returned to Germany, as they are rented.

Romanian Transp Ministry To Reinstate One-Day Road Toll

Romania’s Transports Ministry plans to reinstate the one-day road toll for most types of vehicles, except freight transport vehicles weighing up to 3.5 tons, and prices are to be set by government decision.

Bread Prices In Romania To Hike By Yearend

The price of bread in Romania will continue to grow, as producers that haven’t raised prices yet, will do so, said Wednesday Aurel Popescu, head of the Rompan milling and bakery employers’ association.

Land Prices Near Bucharest Seen Hiking Up To 200% Over Next Five Yrs

Prices of land near Romania’s capital city of Bucharest are seen growing 50% up to 200% over the next five years, especially in the south-east and north-eastern areas, according to realty services company Neoland Invest.