prices

Survey Shows Flat Prices Per Sqm Higher Than Villa Prices In S Bucharest

The price of villas, calculated per square meter, in the western part of Romania’s capital city Bucharest, is similar with the price of apartments in the same area, while apartments have grown more expensive than villas in the city's southern region, according to a survey of Imopedia.ro.

Romanian Romgaz Asks For 5% Higher Gas Storage Tariffs

Romania’s largest gas producer Romgaz Medias asked the country’s energy regulatory authority ANRE to raise gas storage tariffs by around 5% for the 2010-2011 winter, the company’s deputy general manager Lucian Stancu said Monday.

Romanian Econ Min Says „Wise Guys” Pay More For Energy

The "wise guys" on the Romanian energy market are now paying 50% more for power, Economy Minister Adriean Videanu said Thursday.

Romanian Power Prices May Soar After ’13 – Econ Min Official

Environment investment costs will cause energy prices to soar after 2013, Romanian Economy Ministry official Alexandru Sandulescu said Thursday.

Romania Medicine Prices Up To 6% Higher As Of April 1

Romania will increase medicine prices by up to 6% as of April 1, in ratio with the exchange rate used in drafting the 2010 budget for all medicines, which was set at 4.25 lei for one euro, compared to 4.00 lei per euro in 2009.

Romanian Tourism Min Pleads For Complete Privatization Of Tourism, Better Services

Romanian Regional Development and Tourism Minister Elena Udrea said Friday that hotels on the Romanian coastline apply prices similar to those in Greece, but the quality of services is not at the same level, while Bulgaria offer smaller prices.

E.ON Romania Could Fire 1,700 Staff Over Low Energy Prices

Gas and energy supplier E.ON Romania on Friday said it might have to let go approximately 1,700 staff in 2010 unless the energy regulator allows it to increase tariffs.

Romanian Hotel Prices High; Only Low Demand Can Slash Prices – Tourism Min

Romania’s Tourism and Regional Development Minister Elena Udrea said the prices charged by hotel owners on the Black Sea Coast are pretty high compared to the conditions they offer, adding only a low demand, like that in the summer of 2009, can trigger lower prices.

Romania Energy Prices Unchanged In ’10; Gas Prices Could Rise – Regulator

Romania's energy prices will remain at their current levels until January 2011, but natural gas prices might be adjusted for the 2009 inflation sometime this year, the country’s energy regulator ANRE said Tuesday.

Medicine Prices Might Rise By About 6.25% As Of April 1 – Romanian Health Min

Romanian health minister’s adviser Sipos Emse said Wednesday the price of medicine might rise by about 6.25% starting April, after modifying medicine prices according to the exchange rate used in setting the 2010 budget.

Romanian Subway Co Metrorex Might Up Ticket Prices 5-7% This Year

Romania’s state-owned subway company Metrorex could increase subway pass prices by 5-7% this year if inflation tops 5% for the interval May 2009- May 2010, company general manager Gheorghe Udriste said Wednesday.

Romanians To Pay At Least 20% More On Jan ’10 Utility Bills – Homeowners Assoc Head

Romanians will pay at least 20% more on January's utility bills, compared with December 2009, due to extremely low temperatures and higher heating prices, Radu Opaina, head of Homeowners Association in Romania, said Friday.

Half Of Romanians Say Prices Of Food, Non-Food Products Went Up During Crisis – Poll

Nearly half of Romanians believe prices of food and non-food products went up during the economic crisis, over 40% of Romanians believe prices remained unchanged, while 46% of them said they noticed a wider range of consumer sales promotions, according to market research agency Mercury Research.

Medicine Prices In Romania To Grow Come Apr 1 Due To Exchange Rate Shift

The prices for medicine will grow in Romania starting with April 1, since the state budget law uses an exchange rate of EUR1=RON4.25, as opposed to the RON4 for EUR1 exchange rate used in the 2009 state budget, said Health Minister Cseke Attila.

Romanian Transelectrica Hikes Pwr Transport Tariff By 5.4%

Romania’s state-owned power grid operator Transelectrica (TEL.RO) raised, on January 1, the average tariff for electric power transport service by 5.4%, from 16.13 lei (EUR1=RON4.2265) per MWh to RON17/MWh, the company said Monday.

Romanian Energy Watchdog To Keep Gas Prices Unchanged Jan 1

Romania’s energy regulatory authority ANRE will keep unchanged household and industrial gas prices as of January 1, 2010, and may change the electricity prices according to inflation rate, ANRE’s president Petru Lificiu said Wednesday.

E.ON Asks Romania’s Energy Watchdog For Gas, Electricity Price Hikes

Germany’s E.ON, which activates on the Romanian natural gas and power distribution market, asked the country's energy regulatory authority ANRE to increase gas and electricity prices in 2010 by 15% and 12% respectively, but does not anticipate a favorable answer.

Romanian Rompetrol To Cut Pump Prices By RON0.03/Liter

Romania’s second-largest oil group Rompetrol, owned by Kazakhstan's KazMunayGaz, will cut Tuesday its gasoline and diesel oil prices by 0.03 lei (EUR1= RON4.2738) per liter, after reducing Monday only the gasoline prices.

Bucharest Apartment Prices Dn 45% On Year In Nov – Survey

Bucharest apartment prices fell by an average 45% between November 2008 and November 2009, with the biggest fall registered by newly-built three-room apartments, according to a national index launched Wednesday by imobiliare.ro website.

Rompetrol Sees Romanian Fuel Pump Prices Up By 7% In ‘10

Romanian fuel pump prices are likely to grow by 5% to 7% on the year to an average of 4.2 lei (EUR1=RON4.2778) per liter in 2010, on earmarked excise duty increases and potential higher crude oil prices, Rompetrol Downstream said Thursday.

Winter Holidays Tourist Packages Cost 15% Less In Romania This Year, 25% Less Abroad

Tourist packages for the winter season including New Year’s cost an average 15% less this year than in 2008 for destinations in Romania and 20-25% less for destinations abroad, according to Romania’s tour operators’ association ANAT.

Romania To Freeze Prices Of Existing Medical Drugs – Drug Makers Association

The Romanian Association of International Drug Producers said prices of medical drugs on the Romanian market will not go up, but warned the sub-financing of the country’s healthcare system might hinder patients’ access to short-term treatment.

Romanian Insurer Allianz-Tiriac To Raise Auto Civil Liability Policy Prices By 20% In 2010

Romanian insurer Allianz-Tiriac Asigurari will increase price for auto civil liability policy RCA by at least 20% for contracts starting January 1, 2010, and in some cases prices will double compared to the beginning of 2009, the insurer’s general manager Cristian Constantinescu said Monday.

Romanian Petrom To Hike Fuel Prices By RON0.6 Per Liter

Romania’s largest oil company Petrom SA (SNP.RO) will increase Tuesday the gasoline and diesel oil prices by 0.6 lei (EUR1=RON4.2877) per liter, the company said.

Unirii Area Has Bucharest’s Most Expensive Old Flats – MagazinulDeCase.ro

The most expensive old flats in Romania’s capital city Bucharest, according to the average trading price per square meter, are located in Unirea, Cotroceni and Victoria areas, according to a survey by MagazinulDeCase.ro which did not include Herastrau, Primaverii, Casin and Ferentari neighborhoods.

Bucharest 1, 2-Room Flat Prices Up 15% In Sept Over “First Home” Program – Colliers

The prices of studio flats and two-room apartments rose 15% in September compared with the period prior to enforcing the “First Home” program, while the prices of three-room apartments were up by 5%-10%, according to real estate consultancy company Colliers International.

Romania May Keep Unchanged Gas, Electricity Prices Until Apr 1

Romania's Energy Regulatory Authority ANRE will not change household gas and electricity prices on October 1, and plans to keep them at the current level until April 1, 2010, the watchdog's president Petre Lificiu told MEDIAFAX Friday.

Romanian “First Home” Program Sparked Old Flat Price Hikes – Agency

The prices set by old apartment owners in Bucharest grew in the past several months, especially for studios and two-room apartments, due to the introduction of the “First Home” program, and this evolution could continue because of the low supply, according to real estate agency Real Time.

Cheapest Cigarette Pack In Romania To Cost RON7.1 Next Year, From Current RON6.4

The cheapest cigarette pack in Romania will cost 7.1 lei (EUR1=RON4.2618) next year, when excises increase, compared with the current price of RON6.4, and will reach RON12.4 in 2016, said Wednesday Philip Gambaccini, fiscal affairs manager of cigarette producer Philip Morris International.

Romania’s Rompetrol Cuts Fuel Prices By RON0.04/Liter

Romania’s second-largest oil group Rompetrol, owned by Kazakhstan's KazMunayGaz, will cut Tuesday its gasoline and diesel oil pump prices by 0.04 lei (EUR1-RON4.2747) per liter.

Romania’s Petrom Cuts Fuel Prices By RON0.03/Liter

Romania’s largest oil company Petrom (SNP.RO) Monday cut its gasoline and diesel oil pump prices by 0.03 lei (EUR1=RON4.2552) per liter.

Romanian Rompetrol To Cut Fuel Prices By Up To RON0.05/Liter

Romania’s second-largest oil group Rompetrol, owned by Kazakhstan's KazMunayGaz, will cut Wednesday its gasoline prices by 0.05 lei (EUR1=RON4.2382) per liter, and the diesel oil prices by RON0.03 per liter.

Romania’s Petrom Cuts Pump Prices By RON0.03/Liter

Romania’s largest oil company Petrom (SNP.RO) Monday cut its gasoline and diesel oil pump prices by 0.03 lei (EUR1=RON4.2434) per liter, the company said.

Romanian Rompetrol To Cut Gas Pump Prices By RON0.03/ Liter

Romania’s second-largest oil group Rompetrol, owned by Kazakhstan's KazMunayGaz, will cut Friday its gasoline pump prices by 0.03 lei (EUR1=RON4.2240), keeping the diesel oil prices unchanged.

Romania’s Cap City New Apartment Prices Dn Up To 40% Y-Y In 1H – Survey

The prices in euro currency of the new dwellings from Romania’s capital city Bucharest dropped by 15-40% in average in the first semester compared with the same period a year ago, touching 2005‘s prices, according to a survey conducted by real estate consultancy firm CB Richard Ellis (CBRE).

Romania’s Petrom Hikes Fuel Prices By Up To RON0.07/Liter

Romania’s dominant oil company Petrom (SNP.RO) Monday increased its gasoline and diesel oil pump prices by 0.07 lei (EUR1=RON4.2051) and RON0.06 per liter, respectively.

Colliers: „First House” Program Ups 2-Room Flat Prices In Bucharest By 15%

The price of old two-room apartments in Romania’s capital city Bucharest rose 10%-15% after the government launched the "First House" program, according to real estate consultancy firm Colliers.

Romania’s Interior Min Asks Energy Watchdog To Cut Public Lighting Tariff

Romania’s Minister of Administration and Interior Dan Nica Monday asked the energy regulatory authority ANRE to find a solution to cut the electricity tariff for the public lighting system.

Romania’s Petrom Cuts Gas, Diesel Oil Pump Prices

Romania’s largest oil company Petrom (SNP.RO) will cut Thursday its unleaded gasoline and euro 5 diesel pump prices by 0.03 lei (EUR1=RON4.2170) and RON0.02 per liter, respectively.

Colliers: „First Home” Program Had No Significant Influence On Residential Prices

The Romanian Government's intention to launch the “First Home” program led to a slight increase in residential prices, especially for two-room apartments, but this trend was not registered by the entire real estate market, according to real estate consultancy company Colliers International.