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Real Estate

Bucharest Owners Sell Plots For Up To EUR8,000 Per Sqm - Colliers

Bucharest plot owners sell at prices of up to EUR8,000 per sqm, while prices have nearly halved over the past three years, to 2004-2005 levels, according to realty advisors Colliers.

Andrei Cîrchelan · 25.07.2011 · 12:31 · 1 min
New Apartment Asking Price Drops Below EUR1,000/Sqm
Real Estate

New Apartment Asking Price Drops Below EUR1,000/Sqm

The stock of new homes available in Bucharest has started dwindling as a result of the low number of apartments delivered in the past two years and the falling prices. In seven out of nine B...

Cristi Moga · 21.07.2011 · 00:00 · 1 min
Bucharest Apartment Prices Stay Frozen In First Summer Month
Real Estate

Bucharest Apartment Prices Stay Frozen In First Summer Month

The average price of old three-room apartments in Bucharest dropped by 1% month-on-month in June, from EUR81,400 to EUR80,600, according to the real estate index drawn up by ZF together with...

Cristi Moga · 20.07.2011 · 00:00 · 1 min
Real Estate

Home Prices Down 12% On Year In 1Q - INS

Romanian home prices dropped 12% in the first quarter of the year, compared to the same interval of 2010, according to the national statistics office INS data.

Andrei Cîrchelan · 11.07.2011 · 17:45 · 1 min
Real Estate

Vacation Home Prices In Romania Dropped By 52% Since 2008 – Survey

Prices of vacation homes in Romania have dropped by as much as 52% since the beginning of 2008, at a similar rate as the entire property market, according to a survey of Romanian property we...

Gavrila Oana · 30.06.2011 · 11:39 · 1 min
Romanians Pay More Than Most EU Citizens For Gas, Electricity
Energy

Romanians Pay More Than Most EU Citizens For Gas, Electricity

Household consumers in Romania pay twice more than their French counterparts for electricity, calculated on their purchase power, while the price of gas is nearing the EU average, using the...

Andrei Cîrchelan · 29.06.2011 · 15:42 · 3 min
Retail&Consumer

Airport Restaurants Apply 50%-100% Price Hikes Compared To City

Prices in restaurants on the Otopeni Airport are 50% to 100% higher than in the city, according to a ZF analysis, with airport restaurants making twice as much revenue as a city restaurant.

Cristina Roșca · 29.06.2011 · 00:00 · 2 min
Retail&Consumer

Romanians Pay Near EU Average For Clothing, Less For Food

The prices of clothing, consumer electronics and personal transport equipment in Romania are close to the European Union average, but Romanians pay less for food, drink, tobacco, restaurant...

Radu Bostan · 28.06.2011 · 17:04 · 1 min
Corporate Customers To Pay 10% More For Natural Gas Come Jul 1
Energy

Corporate Customers To Pay 10% More For Natural Gas Come Jul 1

The price of natural gas paid by Romanian households and thermal power producers will remain unchanged until July 1, 2012, but industrial consumers will pay 10% more starting July 1, 2011, e...

Andrei Cîrchelan · 24.06.2011 · 16:49 · 1 min