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Three-Room Apartment Prices Stable At EUR76,000 In H1
The average asking price of old three-room apartments in Bucharest reached some EUR76,250 in July, the same as in January this year, according to the real estate index compiled by ZF and rea...
MOL Paid EUR50M For Remaining Agip Gas Stations In Romania
The first half report of Hungary’s MOL shows it paid HUF15.5 billion (about EUR50 million) for the 42 Agip gas stations Italy’s ENI still had in Romania. The acquisition of the Agip gas stat...
Cheap Oil Hurts Grup Servicii Petroliere’s Business
Grup Servicii Petroliere (GSP), the offshore drilling company of Constanta businessman Gabriel Comanescu, expects revenue to drop by more than 20% this year mainly because of the abrupt decl...
Four Entrepreneurs Make RON180m From Low-Priced Apparel And Footwear
Four young Bucharest entrepreneurs bet on low-priced apparel and footwear retail eight years ago. The four of them now own a network of 161 stores in Romania and the Republic of Moldova, whi...
Value Of Food Products Available On Local Market Up 15% To EUR11.5B In 1H - Minister
The value of local food products available on the Romanian market rose 15% in the first six months, at EUR11.5 billion, from EUR10 billion in the same period a year before, agriculture minis...
SOCAR: Crude Oil Price Could Stay At $65-70 Per Barrel Next Year
Crude oil price, which halved in the last year, could stay at $65-70 per barrel next year as well, but hydrocarbon price will increase 3-4-fold in the next ten years, according to the estima...
Government Might OK Gas Price Hike For Household Consumers To RON60/MWH
The Romanian government might approve Wednesday the increase of the price for local natural gas for household consumers to RON60/MWh, Energy Minister Andrei Gerea stated.
VAT Cut Would Lead To 6-8% Drop In Fish Prices - Association
The VAT cut on fish proposed in the new Tax Code would increase the legitimate market by EUR20 million and would bring down prices on fish by 6-8%, according to the national association Romf...
Vonino: Price Matters Most On Local Phone And Tablet Market
Price is the main factor people in Romania consider when looking to buy a phone or tablet, with brand and features coming second.