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Romania Will Try To Postpone Energy Market Liberalization – President
Romania will try to negotiate with the International Monetary Fund a later date to liberalize its energy market, President Traian Basescu told a news conference Sunday.
Alro Reconsiders Costs On High Energy Prices, Layoffs Are Last Resort
Romanian aluminum producer Alro Slatina (ALR.RO) Thursday said it is reconsidering all its investments and expenditure, because of the cheap energy deficit, which increased electricity costs...
New Apartment Prices In Bucharest Fell By Up To 17% Last Year
Apartment developers have a few thousand homes unsold in Bucharest almost four years since the start of the decline in real estate, with starting prices of EUR30,000 plus VAT for a studio in...
Oil Companies Start Year With Consecutive Fuel Price Hikes
Since the beginning of the year, namely in less than two weeks, gasoline and diesel fuel prices have grown by 3%, with the latest increase operated by OMV Petrom (SNP.RO), the largest compan...
Gasoline Price Up 84% In Three Years Of Crisis
The end of last week came with another increase in the pump price by 0.8 lei of both gas and diesel operated by Petrom. This is the second hike this year.
Bucharest Apartment Prices Down 3%-5% In 2011 - Survey
Apartment prices in Bucharest dropped by 3% to 5% on the year in 2011, compared to a decline of 16% in 2010, according to a report by realty portal imopedia.ro.
Competition Council Head: Pricing Gaps Mean Romania’s Gas Market Is Out Of Sync With EU
Romania’s gas market is not integrated into the EU market because of price disparities, Competition Council president Bogdan Chiritoiu said Thursday.
Romania To Hike Gas Prices For Companies By 5% Come Jan 2012
The price of natural gas for industrial consumers will grow by another 5% starting January 2012, under an agreement concluded between the Government and the International Monetary Fund.
Energy Prices To Rise In Bid To Cover Efficiency Costs - ANRE
Electricity and gas prices will rise once regulator ANRE asks energy distributors to approach clients with efficiency solutions, whose costs will be covered through the adjustment of deliver...