PRICES
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Household Gas Prices Rise By RON7/MWh As Of July
Gas prices for household consumers and thermal power producers will rise to RON60/MWh from RON53.3/MWh as of July 1 and will continue to rise by RON6 a year in 2016 and 2017, under the dereg...
Romania, EC Agree On New Gas Price Calendar For Household Consumers
The Romanian government and the European Commission have agreed on a new gas price deregulation calendar for household consumers, which stipulates annual price hikes instead of the current q...
Competition Council Fears Retailers May Collude To Keep VAT Cut In Their Profits
Romania’s Competition Council fears that stores, retail chains and producers might collude to keep in their profits the planned cut to 9% in the sales tax on food items starting June 1, watc...
Romalimenta: Food Prices To Fall 15% As Of June, Following Planned Cut In VAT For Food
Food prices in Romania will go down by 15% starting June, following the planned cut in the value added tax rate for all food products, to 9% from 24% currently, Sorin Minea, head of the food...
Bucharest Apartment Prices Up In March, Down In 1Q
The prices of new apartments in Bucharest rose 3.4% on the month in March, but in the first quarter of 2015, apartment prices were 2% lower compared with the same period a year earlier, acco...
Household Gas Bills To Drop 3.9% On Average In April
Prices for natural gas delivered to household consumers will decrease by an average 3.9% as of April 1, due to lower acquisition prices and distribution tariffs for gas supplied on the regul...
Natural Gas Bills Could Be 1-3% Lower Starting April
Natural gas bills could drop be 1-3% lower as of April, with the elimination of Russian imports, but the price of domestically produced gas could grow by 6-7% as of July, depending on the re...
CEO Flanco: U.S. Dollar Appreciation To Trigger Higher Prices For IT Products End-April
Electronics and IT retailer Flanco expects an increase in shelf prices of IT products toward the end of April, due to the recent appreciation of the U.S. dollar.
New Apartment Prices In Bucharest Dropped 8.4% In Past Year
Bucharest is the only large city where apartment prices continued to drop this year, especially after a 8.4% drop in asking prices in new residential compounds, while the old apartment marke...