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Apartment Prices Continue To Go Down And Are Now EUR3,000 Cheaper Than In Summer
Prices of three-room apartments in Bucharest old blocks continued to decline in November and are now 0.6% lower from October and 4% lower compared with May. This is what the real estate inde...
Romania’s Real Estate Market Will Only Recover If Costs Drop
The Romanian real estate market’s recovery depends on decreasing the costs of land, taxes and infrastructure, so that the construction price nears a level that buyers can afford, Thursday sa...
Hidroelectrica Asks Regulator For 50% Hike In Electricity Price
Romanian hydropower producer Hidroelectrica asked energy regulator ANRE to allow a price increase of up to 50%, starting January 1, on the electricity it delivers, since costs have increased...
Bucharest New Apartment Prices May Continue To Drop – Report
The prices of new homes may continued to decrease in Bucharest, given the reduced sales seen this year and the probability for demand to remain low in the near future as well, according to a...
Romania Needs Energy Price Deregulation For Companies To Invest
Energy and gas prices need to be aligned with European ones between 2013 and 2015, or it will not secure necessary investment, worth EUR35 billion by 2020, especially on the energy segment,...
Apartment Prices Drop 2.4% In October, to EUR1,023 Per Sqm
The average asking price for apartments declined 2.4% on the month in October, according to data published Tuesday by realty ads website imobiliare.ro.
Home Prices To Continue Decline
The overall decline trend of the real estate market will “most likely be higher than a single digit over the next sixteen months, will translate into a less and less active market, a decline...
GDF Suez Romania: For Energy Prices The Only Way Is Up
The only trend seen by energy prices is upwards, but mechanisms need to be found to protect vulnerable consumers, Eric Stab, country manager for Romania within GDF Suez, said Wednesday.
Petrom: Diesel Fuel Prices Grow Because Demand Is High
The increase in diesel fuel prices comes from increased demand for this product, as Romania produces less of this fuel than it consumes, Wednesday said Mariana Gheorghe, chief executive offi...