prices

Romania’s Rompetrol Hikes Pump Prices By Up To RON0.06/Liter

Romania’s second-largest oil company Rompetrol Group NV hiked Tuesday its pump prices by up to 0.06 lei (EUR1=RON 3.5934) per liter and RON0.04 per liter, for gas and diesel oil, respectively, the company said in a statement.

Romania’s Petrom Hikes Gas, Diesel Oil Pump Prices By RON0.07, RON0.06 Per Liter

Romania’s largest oil company Petrom SA (SNP.RO) hiked Thursday gasoline and diesel oil pump prices by 0.07 lei (EUR1=RON 3.6365), and RON0.06 per liter, respectively, the company said in a statement.

Romanian Producers, Retailers Sign Good Practices Guide

Romanian producers and retailers signed Wednesday the Guide of Good Practices regulating trade with agri-food products, which will come into force once it receives approval from the Competition Council.

Intl Oil, Food Prices Rise To Add 0.6 Pp To Romania’s Curr Acct Def To 13.6% Of GDP

The combined rise in prices for oil and food products is seen adding 0.6 percentage points to Romania’s 2008 current account deficit, which is seen at 13.6% of gross domestic product, the IMF said in a report Tuesday.

Romanian Distrigaz Sud To Ask For 20% Gas Price Hike Oct 1

Gas distributor Distrigaz Sud, majority-owned by French utility Gaz de France, will ask Romanian energy watchdog ANRE to hike gas prices by some 20% on October 1, given that imported natural gas price will continue to increase by yearend, Distrigaz Sud general manager, Bernard Arnaud, said Tuesday.

Romania Food Prices Seen Rising Following Utility Price Hikes

Food prices in Romania will increase following the hike in electricity and natural gas prices come July 1, Sorin Minea, head of the employers’ federation in the food industry Romalimenta, said Thursday.

Romania’s Natural Gas Prices Up By Avg 12.5% As Of Jul 1 -ANRE

The gas prices delivered to population will be up by an average 12.5% as of July 1, on the costs increase in purchasing natural gas during January to June period, as well as in order to partially recover the price differences reported during that period, Romania’s Energy Authority ANRE said.

Romanian Cigarette Prices To Climb Come July 1

The retail price for one pack of cigarettes will increase by an average RON0.4, starting with July 1, when the total excise will be increased to EUR50 /1,000 cigarettes, compared to the current excise of EUR41.5, sources within the Ministry of Economy and Finance told MEDIAFAX.

Used Apartment Prices In Bucharest Saw Decrease In May – Colliers

Prices for used flats in Bucharest dropped in May, compared to April, this being the second decrease in the prices for flats this year, after the one registered in February, according to the latest Colliers index for apartment prices.

Romanian Gas Bills To Be Invoiced In MWh, As Of July 1

The natural gas household bills will be invoiced in megawatts hour as of July 1, replacing the current bills expressed in cubic meters, Romania’s Energy Watchdog ANRE said Thursday.

Wirom Romania Calls For 25% Consumer Gas Price Hike In ’08

Romania should increase natural gas prices by 25% this year, as they are too low and bring losses to gas suppliers, but the authorities are not willing to take this step because this is an electoral year, Wirom Gas Romania said Tuesday.

Romania’s Rompetrol Cuts Pump Prices By Up To RON0.02/Liter

Romania’s second-largest oil company Rompetrol Group NV cut Friday its pump prices by up to 0.02 lei (EUR1= RON3.6198) per liter, the company said in a statement.

Bucharest Apartment Prices Saw First Decrease In Feb ‘08

Apartment prices in Romania’s capital city Bucharest have increased three times since January 1, 2005, but lowered this year in February, for the first time, according to the real estate index computed by global real estate services company Colliers International.

Romania’s Rompetrol Ups Pump Prices By RON0.04/Liter

Romania’s second-largest oil company Rompetrol Group NV hiked its fuel pump prices by 0.04 lei (EUR1= RON3.6731) per liter between May 23 and May 25, the tariffs remaining unchanged at least until June 1, the company said Tuesday.

Romanian Oil Co Petrom Fuel Prices Could Be Dn 10%, Pft Not Impacted -Econ Min

Romania’s largest vertically integrated oil company Petrom (SNP.RO) could decrease fuel prices between 5% or 10% without affecting the company’s net profit, which might also trigger lower fuel prices from the other oil companies, minister of economy and finance Varujan Vosganian said Friday.

Romanian Mar Indus Output Prices +15.6% On Year

Romanian industrial output prices rose 15.6% on the year in March, driven by higher prices in the mining and manufacturing sectors, the National Statistical Institute said Monday.

Shelf Prices In Romania 15% More Expensive On Distribution Costs

Shelf prices for products sold in Romania are nearly 15% higher than in other European states, due to high distribution costs on the local market, said Wednesday Gerard F.A. Kuijs, CEO of the Dutch logistics consultancy company Archicom.

Romania’s Booming Property Prices May Steady In ‘09 – FinMin

Romania’s booming real estate prices are likely to remain steady starting with 2009 on rising supply and a strong growth pace in the construction sector, Romanian Economy and Finance Minister Varujan Vosganian said Monday.

Romanian Health Min Says Drugs Could Cost Less

Romanian health minister Eugen Nicolaescu said that despite the conduct of medicine distributors, the prices for medicine might be lowered, because there are ways to hide profit in prices.

Romania Realty Mkt Prices Scary If Real – Ctrl Bker

Romania’s central bank is talking to notaries public to get a real picture of the country’s real estate market, but if prices are real, that is reason for great concern, central bank governor Mugur Isarescu said Thursday.

Romanian Utility Prices To Stay Put Despite Distributor Claims

Romania doesn’t plan to raise natural gas or electricity household bills until July 1, as repeatedly requested by Romanian gas distributors who cited higher gas import costs, Romanian Finance and Economy Minister Varujan Vosganian said Thursday.

Petrom Ups Diesel Oil Price By RON0.09 Per Liter

Petrom will hike Tuesday prices for diesel oil by RON0.09 per liter, due to higher international oil prices, the company said Monday.

Romania Ranks 5th In EU Based On Retail Banking Price Discrepancy -Report

Romania ranks fifth in the EU-27 bloc based on differences between national banks’ prices, according to the 2008 World Retail Banking Report released by the World Bank, Capgemini, ING and the European Financial Management and Marketing Association (EFMA) on Monday.

Romania Energy Watchdog To Hike Gas Price After NATO Summit -Sources

Romania’s Energy Watchdog, or ANRE will most probably hike the natural gas prices after NATO summit held during April 2 and 4, fueled by price hike requests from the country’s major gas distributors, sources with ANRE said Monday.

Romania Energy Watchdog To Decide On Gas Price Hikes

Romania’s energy watchdog, or ANRE will decide in a couple of days on whether to increase the natural gas prices, fueled by price hike requests from the country’s major gas distributors, ANRE president Olosz Gergely said Thursday.

Cement Prices In Romania Up 6-8% This Year

Cement prices in Romania increased 6-8% since the beginning of the year and further developments depend on potential hikes in production costs, said Wednesday Markus Wirth, general manager of cement maker Holcim Romania.

Romanian Execs Ask Govt To Shed Light On ‘08 Utility Price Hikes

Romanian businessmen Monday asked the Romanian government and energy watchdog to make public a timetable with electricity and gas price increases projected for 2008.

Distrigaz Sud: Natural Gas Prices Should Rise In 2Q

Distrigaz Sud said that the tariff for imported natural gas should grow in the second quarter to $420 per 1,000 cubic meters, from the current $370.

Bread Prices In Romania Might Hike Starting May

Bread prices might increase starting May this year as higher wheat prices worldwide have driven Romanian producers into exporting, while the quantities sold will be brought back to the country at a higher price, said the head of the industry’s employers’ association Rompan.

Romania Pledged To Adjust Gas Prices To EU Levels By ’07- ANRE

Romania pledged to hike the natural gas prices every year, so that they should have reached the European levels by 2007, the president of Romania’s energy watchdog, Olosz Gergely, said Tuesday.

Romanian Health Min Holds Ground On Drug Price Freeze

Romanian hospital managers that accept, through additional document, the hike of medicine prices over the values mentioned in the national catalogue will pay the difference on their own, health minister Eugen Nicolaescu told MEDIAFAX.

Romania’s Rompetrol Hikes Diesel Oil, Keeps Gas Prices

Romania’s second-largest oil company, Rompetrol Group NV hikes this week the diesel oil pump prices by 0.02 lei/liter (EUR1-RON 3.7694), and maintains the gas prices, the company said in a statement Monday.

Romania’s Rompetrol Hikes Gas, Keeps Diesel Oil Prices

Romania’s second-largest oil company, Rompetrol Group NV hikes during January 22 and 27 the gasoline pump prices by 0.01 lei/liter (EUR1-RON 3.6972), and maintains the diesel oil prices, the company said in a statement Monday.

EU Says Romanian Gas Should Be 70% More Expensive

The European Commission asked Romania to hike by almost 70% the price for natural gas. This would represent alignment of the prices for locally produced gas with the price on the European market, www.gandul.info reported.

Romania To Hike Pwr, Diesel Oil, Gas Prices In ’08 On Higher Excise

Prices of electric power, diesel oil, fuel oil and natural gas used as heating fuel will hike in 2008 due to higher excises.

E.ON Gaz Romania Sees Household Gas Prices Up 30% In 2008

E.ON Gaz Romania sees the country’s household gas prices rising 10% in January 2008 and estimates prices will grow by 30% at the end of next year, the Romanian unit of Germany’s giant E.ON said Monday.

Romania’s Natural Gas Prices To Grow In Single-Digit Jan 1 – Econ Min

Romania’s natural gas prices in 2008 will see a single-digit rise on January 1, 2008, Economy and Finance Minister Varujan Vosganian said Friday, adding the increase would have an anti-inflationary effect.

Romania’s Oil Co Petrom Hikes Gas, Diesel Oil Prices

Romania’s largest vertically integrated oil company Petrom (SNP.RO) will hike Saturday the prices for gas by 0.08 lei (EUR1-RON 3.5484) per liter, and for diesel oil by RON0.04 per liter, fueled by the increase in international quotations adjusted, the company said in a statement Friday.

Romanian Imported Gas Prices To Go Up 15%-16% In Jan – Sources

The prices of the natural gas imported by Romania to cover nearly 40% of its annual domestic consumption will increase by 15%-16% starting with January 1, 2008, and are likely to hike household gas bills, people close to the matter said Wednesday.

Romania To See Cheaper International Calls

Romania’s postal company Posta Romana and telecom services supplier Media Sat lowered to 7.02 euro cents the prices for international calls through Suncard pre-paid cards toward the main hard lines in Europe, United States and Canada, the two companies said Tuesday.