prices

Constanta, Fourth City In Romania With Home Prices Above EUR1,000/Sqm

Constanta becomes the fourth large city in Romania where home prices exceed the threshold of EUR1,000 per square meter, with the Imobiliare.ro index registering an increase of 2.1% in April, to EUR1,013 per sqm, from EUR992 per sqm, according to a statement released on Monday.

ANRE: Romania To Raise Household Gas Prices By 2% As Of April 1

Romania’s energy watchdog ANRE approved Thursday the regulated prices for the 38 natural gas suppliers operating on the local market, while natural gas prices for household consumers will increase by 2% as of April 1.

Scandal Facebook: Reţeaua de socializare este asaltată cu procese după ce acţiunile au scăzut cu 18%

Facebook, banca de investiţii Morgan Stanley şi operatorul bursier Nasdaq OMX sunt ţintele mai multor anchete şi procese iniţiate de autorităţile financiare din SUA şi de investitori referitor la modul în care s-a derulat oferta publică iniţială a reţelei de socializare.

Romanian Diesel Fuel Prices Grow Because Demand Is High – OMV Petrom

The increase in diesel fuel prices comes from increased demand for this product, as Romania produces less of this fuel than it consumes, Wednesday said Mariana Gheorghe, chief executive officer of oil company OMV Petrom (SNP.RO).

Romanian Railway Co CFR Raises Ticket Prices 18% As Of Sunday

Romania’s state-owned passenger railway company CFR Calatori raised train ticket prices by 18% starting Sunday, citing high costs for fuel, energy and maintenance.

Romanians Pay Near EU Average For Clothing, Less For Food

The prices of clothing, consumer electronics and personal transport equipment in Romania are close to the European Union average, but Romanians pay less for food, drink, tobacco, restaurant meals or hotel stays.

Romanian Companies To Pay 10% More For Natural Gas Come Jul 1

The price of natural gas paid by Romanian households and thermal power producers will remain unchanged until July 1, 2012, but industrial consumers will pay 10% more starting July 1, 2011, Friday said energy regulator ANRE.

Romanian Union Agrostar Says Food Prices Will Rise 3-5%

Food prices in Romania will rise 3-5% in the following period because of adverse weather conditions and the international context, officials of the Agrostar food industry union federation said Friday during a seminar.

Romanian Federation Of Agricultural Producers Warns Food Prices To Go Up

The National Federation of Romanian Agricultural Producers (FNPAR) warned that the unfavorable weather conditions and lack of agricultural strategies will force up food prices in the upcoming period.

Rompetrol Cuts RON0.12/Liter Off Diesel Prices, Raises Gas Price By RON0.09/Liter

Rompetrol Downstream, the fuel distribution unit of oil group Rompetrol, Tuesday increased pump prices for gasoline by 0.9 lei (EUR0.22) per liter and decreased diesel pump prices by RON0.12 per liter.

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.

Romanian Processed Food Prices Seen Up 10-12% In Next 2-3 Months – Producers

The prices of processed food products will increase by up to 10-12% in the next 2-3 months, Sorin Minea, president of Romanian food producers' association Romalimenta, said Sunday on ProTV.

Complete Liberalization Of Romanian Energy, Gas Markets To Wait Until 2015 – President

Romanian President Traian Basescu said Saturday, after a meeting with the International Monetary Fund delegation, that the deregulation of gas and electricity prices for households should be put on hold until 2015.

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.

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.

Property Websites Differ On Bucharest Apartment Price Trend

Apartment prices in Bucharest registered a significant decrease in the first quarter of 2011 compared to the year-earlier period, but real estate websites disagree on the month-on-month evolution.

Petrom: Romania Should Free Gas Market For Companies First, Protect Households

Romanian oil company OMV Petrom (SNP.RO) proposes the allocation of only locally made natural gas to household consumers, coupled with the liberalization of gas prices for industrial consumers.

Romanian Econ Min: No Reason For Immediate Gas Price Hikes

Romanian household prices for natural gas should not increase in the near future, since they have no reason to do so, the Economy Ministry said in a statement Wednesday.

Foreigners Prefer To Buy Properties In Romania, Rather Than Rent Them – Survey

Foreigners have started buying luxury residential properties in Romania rather than rent them, as real estate prices have gone down over the past two years, according to real estate agency Vission House.

EXCLUSIVE: Romanian Energy Prices Adjusted To Market Rates Shortly

Romanian government has pledged to adjust to market rates the energy and natural gas prices of existing contracts signed by state-owned companies as soon as possible, according to the country’s draft letter of intent agreed with the International Monetary Fund.

Romanian Ctrl Bank Says Consumer Prices Exposed To Outside Pressure

Romanian consumer prices are exposed to upward pressure from international food and oil prices, central bank governor Mugur Isarescu said Monday.

IMF Asks Romania To Liberalize Gas, Pwr Production Prices

The International Monetary Fund asked Romania to discard regulated prices for the production of electricity and natural gas and to draw up a new calculation formula in this respect.

Bucharest Apartment Sale Price Falls Up To 20% YY In Jan

The average sale price of apartments in Romania’s capital city Bucharest dropped by 12% to 20% in January compared with the same period of 2010, with the highest fall recorded for 4-room flats, according to a survey of AnunturiParticulari.ro real estate website.

Romanian Apartment Prices Rise On Early Optimism

Romanian used apartment prices rose by as much as 8% since the beginning of the year, but representatives of realty ads platform imobiliare.ro expect owner ambitions to “deflate” in the near future.

Romanian Transporters Blame Govt For Fuel Price Hike

Romanian transporters blame the Government for the increase in fuel prices due to the value added tax and excise hike, as well as the leu's depreciation against the euro and the dollar.

Bucharest Old Apartment Prices Down 20% YY In 4Q – Survey

Prices of old apartments in Romania’s capital city Bucharest dropped by an average 20% year-on-year in the last quarter of 2010, according to a survey of property website MagazinulDeCase.ro.

House, Villa Prices In Romania Dropped 42% Since 2008 – Survey

The asking prices for new houses and villas in Romania were down by more than 42% compared to 2008, with the greatest declines registered in Bucharest and Constanta county, according to website imobiliare.ro.

Romanian Mandatory Car Insurance Cheaper Next Yr Compared To ‘10

Romanian mandatory civil liability car insurance RCA will be cheaper in 2011 in most cases, compared to this year, according to the tariffs reported by seven insurers.

Bucharest Apartment Prices Fall 15% In 2010 – Survey

The sale prices of apartments in Romania’s capital city Bucharest dropped 15% in average in 2010, and will continue to fall next year, according to a survey conducted by real estate website imopedia.ro.

Bucharest Flat Prices Fell 12% In 10 Months – Survey

Asking prices for flats in Bucharest dropped by an average 11.8% in the first ten months of the year, to some EUR1,315 per square meter, according to data provided by real estate website imobiliare.ro.

Romanian Gas Prices Should Not Go Up This Winter – Econ Min

Romanian Economy Minister Ion Ariton told a press conference Tuesday that, in his opinion, natural gas prices should not grow this winter, on any consumer segment.

Romania Agric Min: Food Prices Can Go Down If Processors Reduce Profits, Retailers Lower Fees

Romanian Agriculture Minister Valeriu Tabara said food prices could go down if food processors and stores forego part of their profit and retail chains lower their fees.

Romanian Food Prices Might Climb 10% To 25% – Producers

Food prices in Romania will rise by 10-25% in the following months, said Viorel Matei, president of the National Federation of Romanian Agricultural Producers (FNPAR).

Bucharest Apartment Prices Decline Continues In Sept – Survey

Prices of new dwellings in Romania’s capital Bucharest dropped by up to 7% on the month in September, while old apartments’ prices saw a maximum 4.2% decrease, according to a survey of property website imobiliare.ro.

Car Prices Fell 10% In Romania In 2009 – EC Report

Car prices fell by more than 10% in Romania last year, one of the most significant reductions in the European Union, behind Slovenia, Lithuania and Slovakia, where prices dropped by as much as 13.4%, according to a European Commission report.

Over 68% Of Retailers In Romania Up Prices Following VAT Hike – Survey

Over 68% of retailers in Romania have decided to increase prices following the Government’s decision to raise the value added tax to 24% from 19%, while only 31.71% said they are keeping prices unchanged, according to a survey released Tuesday.

Romanian Housing Prices Fall 5.3% During 1H – Survey

Asking prices for housing in Romania’s largest cities dropped by an average 5.3% in the first half of this year compared to the end of 2009, according to data from property website imobiliare.ro.

Romania’s Petrom Hikes Pump Prices By Up To RON0.22/Liter

Romania’s largest oil company OMV Petrom (SNP.RO) will raise Thursday its gasoline and diesel oil pump prices by 0.18-0.22 lei (EUR1=RON4.3688) per liter, following the value added tax increase to 24%.

Wind Farms Seen Having No Impact On Romania Power Prices In ’10

The start of several wind farms in Romania will not trigger an increase of electricity prices in 2010, according to Transelectrica's (TEL.RO) planning director Dan Preotescu.

Romanian Coal Prices To Rise With Investments – Official

Investment in Romanian coal-based energy production will lead to a higher price for coal, but the sector still needs to be restructured, Economy Ministry secretary of state Tudor Serban said Thursday.