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Cold Cuts Producers See A 10% Price Increase By Christmas
Retail&Consumer

Cold Cuts Producers See A 10% Price Increase By Christmas

Cold cuts producers aim to increase prices by 10% until Christmas, as a result of more expensive raw materials, utilities and fuels, the president of Romanian Meat Association ARC, Radu Timi...

Manuela Panescu · 01.11.2012 · 14:30 · 1 min
Bucharest Old Apartment Prices Inch Higher In October
Real Estate

Bucharest Old Apartment Prices Inch Higher In October

Prices of old apartment in Romania's capital city Bucharest have increased by up to 6.5% in October compared with a month before, except for the four-room units that faced a 2% decrease, acc...

Manuela Panescu · 31.10.2012 · 12:53 · 1 min
Willbrook International Cuts By Up To 35% Prices Of Oxford Gardens Compound Villas
Real Estate

Willbrook International Cuts By Up To 35% Prices Of Oxford Gardens Compound Villas

Realty developer Willbrook International on Monday announced it aims to put up for sale the villas from Oxford Gardens compound at prices by up to 35% lower.

Manuela Panescu · 29.10.2012 · 15:38 · 1 min
Bucharest Land Prices Fell By Up To 80% Since 2008 - Survey
Real Estate

Bucharest Land Prices Fell By Up To 80% Since 2008 - Survey

Land prices in Bucharest and in nearby areas have dropped by as much as 80% since 2008, according to realty ad portal imopedia.ro.

Ioana Tudor · 29.10.2012 · 11:51 · 1 min
Orange Romania CEO Sees No Growth In Telecom Prices
Technology &Telecoms

Orange Romania CEO Sees No Growth In Telecom Prices

The prices on the Romanian telecommunications market will not grow as companies are struggling to keep clients who don’t longer spend as much as prior to the burst of the financial crisis, O...

Manuela Panescu · 16.10.2012 · 14:16 · 1 min
Insurers Cut Prices To Get As Big A Slice Of Home Insurance As Possible
Banks-Insurance

Insurers Cut Prices To Get As Big A Slice Of Home Insurance As Possible

Sales of optional home insurance amounted to 602 million lei (EUR132 million) in June 2011-June 2012, up 32% on the previous year, after insurers promoted such products aggressively motivate...

Oana Gavrila · 10.10.2012 · 22:00 · 2 min
ZF Real Estate Index Down Again
Real Estate

ZF Real Estate Index Down Again

The average asking price for old three-room apartments in Bucharest reached EUR76,350, more than EUR1,700 less than at the end of last year, according to the real estate index calculated by...

Oana Gavrila · 03.09.2012 · 00:00 · 1 min
Lidl And Penny, The Only Two Retailers Left To Fight Price Battle
Retail&Consumer

Lidl And Penny, The Only Two Retailers Left To Fight Price Battle

Lidl and Penny Market, the only two companies left on the local discount retail market, will have over 300 stores by yearend, 45 more than at the beginning of 2012. The two networks, which o...

Radu Bostan · 30.08.2012 · 00:00 · 2 min
IMF: Romanian Households To Pay 5% More For Natural Gas As Of September
Energy

IMF: Romanian Households To Pay 5% More For Natural Gas As Of September

Romanian natural gas prices will increase by 5% for household consumers and by 10% for non-residential clients as of September, an official of the International Monetary Fund said Tuesday.

Florentina Dragu · 14.08.2012 · 11:38 · 1 min