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Power Price On OPCOM Close To 2009 Low
The price of electricity traded on the spot market of the OPCOM energy exchange in the first nine months reached an average of some EUR34/MWh, a 30% decline on the year-ago period.
Small Gas Station Owners Hold 10% Of $5.5B Fuel Market
Independent gas stations hold 10% of Romania’s gasoline and diesel oil market, estimated by ZF at $5.5 billion (EUR4.5 billion) last year.
Fuel Demand Down 10%, Price Up 60% In Romania in 2008-2012
Romania has lost about 10% of its fuel demand in five years of crisis (2008-2012), one of the most serious declines in Europe out of nine members countries analyzed by ZF based on Euromonito...
Food 24% More Expensive In Romania In Five Years Of Crisis
The price of the ten main food products in the consumer basket went up by 24% during the five years of crisis, with the biggest rises being recorded for pasta (over 50%), chicken (48%) and s...
How Nuclearelectrica Share Price May Change After Trading Starts
Most analysts estimate the Nuclearelectrica offering will close at a price near the minimum of the subscription interval (11.2-15 lei per share), but analysts’ estimates differ as to the evo...
Higher Excise Rates On Alcohol To Increase Alcoholic Drink Prices By Up To 40% - Association
Raising excise duties on alcohol will increase alcoholic drink prices by 25% to 40% and tax evasion will skyrocket to 90% from about 70% currently, according to Romulus Dascalu, president of...
Bankrupt Armonia Braila Mall Sale Price Lowered By 30% Again, To EUR10M
Creditors of Bankrupt shopping center Armonia Mall in Braila, eastern Romania, have lowered the mall’s sale price by another 30%, to EUR10 million, net of VAT, and expect bids by August 20.
Energy Minister Seeks Solutions To Lower Electricity Bills
Romanian Minister-delegate for Energy Constantin Nita said Thursday he plans to lower cogeneration fees and energy transport tariffs and find additional solutions to support both industrial...
Apartment Prices Fell 4.5% In Romania In 1H
Apartment prices in Romania fell 4.5% in the first half of 2013 from EUR978 per square meter in January to EUR934/sqm at the end of June, according to real estate portal imobiliare.ro.