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Romania’s Farmland 25 Times More Expensive Than A Decade Ago
Farmland in Romania has risen in price by 25 times in 2002-2012 to an average level of EUR4,600/hectare, close to the price in France, Poland and Brazil, but higher than in Hungary and Austr...
One Month’s Salary Enough To Buy 15 Staple Food Baskets In Romania
The average net wage in Romania is enough to buy 15 staple food baskets per month, while in Poland and Germany it can buy 25 and 50 food baskets, respectively.
Natural Gas Price For Household Consumers Up By 2% As Of April 1 - ANRE Head
Nicolae Havrilet, head of the country’s energy watchdog ANRE said Thursday that natural gas price will hike by 2% for household consumers and by 5% for industrial consumers on the regulated...
Major Power Consumers Pay 50% More For 2013 Green Certificates
The biggest electricity consumers in Romania, aluminum smelter Alro Slatina and steel plant ArcelorMittal Galati, will have to spend 177 million lei (EUR39 million) to comply with the green...
April 1 Brings Additional Fuel Excise Duty And Natural Gas Price Hike
The Romanian industry will get a double blow on April 1 with the introduction of the additional EUR0.07 excise duty per liter of fuel devised by Ponta Government to boost budget revenue and...
Cigarette Prices In Romania To Rise By Up To RON0.5 Per Pack As Of April 1
Cigarette prices in Romania are estimated to increase by RON0.3-0.5 per pack as of April 1, as the total excise duty rises from EUR81.78/1,000 cigarettes to EUR84.37 and the excise on fuel w...
Apartment Prices In Main Romanian Cities Up For 2nd Straight Month
The average apartment prices in the five main Romanian cities rose in February by 1.8% on the month to EUR919/sqm, increasing for the second month in a row, according to imobiliare.ro websit...
Industry: It’s Absurd To Pay International Prices In A Country That Has Its Own Resources
Romania’s largest industrial companies say there is no use for the country to have natural gas resources if they cannot be used for competitive production.
Pork Prices In Romania May Fall Due To Lower VAT On Pork In Hungary
Rising imports of pork from Hungary, which lowered its sales tax on pork from 27% to 5% starting January 1, 2014, might trigger lower pork prices in Romania in upcoming months, Ioan Ladosi,...