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Romanians Lost Over RON120M This Year Over Gold Price Decline
The abrupt 26% decline in the price of gold this year shaved over EUR120 million lei (EUR26.6 million) off the value of Romanians’ gold bars.
ANRE Official: Electricity Prices To Rise After Curtailing Support For Green Power Producers
The price of electricity will rise following Romanian authorities’ recent decision to limit state support for producers of renewable energy, Zoltan Nagy-Bege, member in the executive board o...
RA-APPS Lowers Asking Prices 20%, Plans New Auction In July
Romania’s state property authority RA-APPS has lowered prices for real estate it plans to auction off by 20%, despite experts warning the only solution for better prices would be a fund list...
Home Prices Might Fall Once Financing For 2013 First Home Program Is Exhausted
Over 70% of Romanians interested in buying a home want to make the acquisition through the state-guaranteed First Home program, as they are not eligible for other mortgage loans, therefore h...
Office Towers In Bucharest On Sale For EUR1,100-EUR3,800/Sqm
The prices of office buildings put up for sale in Bucharest range between EUR1,100 per square meter and EUR3,800/sqm, while in other large cities across Romania they vary between EUR400/sqm...
Barley Price 20% Lower Than Last Year
Farmers will harvest barley, which makes a EUR150 million to EUR200 million market a year, in just a few weeks and production estimates show the harvest should be somewhere around 1 million...
Carmolimp: Pork Prices To Rise 12-15% By Yearend
The price of pork will increase 12-15% by the end of the year due to higher animal feed costs, said packed meat producer and distributor Carmolimp.
Romania To Import More Natural Gas This Summer To Avoid Higher Bills In Winter
Romania will import more natural gas this summer, even if consumption may be covered from internal production, to avoid higher bills in winter, when natural gas imported from Russia is more...
Eurostat: Household Electricity Price Up 4.4% In Romania In 2H/2012
Household electricity prices rose 4.4% in Romania in the second half of 2012 to EUR10.8 per 100 kWh, while the price adjusted for purchasing power is double and exceeds the EU average, offic...