03.20.2012

The gradual removal of electricity price regulation will only involve one stage for this year, as the market is 15% deregulated for industrial consumers in September, according to Economy Minister more

03.20.2012

The bill on electricity and the organization and operation of the energy market watchdog, ANRE, approved by the government at the end of last week and sent to the Parliament, includes some new things more

03.16.2012

Romanian authorities plan to maintain the tariffs for the natural gas delivered to household clients unchanged until end-March 2013, according to a joint draft order from the energy watchdog ANRE, the more

03.08.2012

Land prices in Bucharest will remain at levels seen at the end of 2010, with the only areas to see declines in prices and demand being the ones in the outskirts and those without infrastructure, more

03.05.2012

The number of houses built last year on the local market fell by 9%, to 44,456 units, with the Bucharest-Ilfov area recording the biggest decline, of 23%. more

03.02.2012

Romania’s industrial producer price index inched up 0.7% in January from a month earlier, fueled by growth in most sectors, the country’s statistics institute INS said Friday. more

02.29.2012

The liberalization of gas prices, requested by the International Monetary Fund and the European Commission, will not result in a strong increase of fees, to import levels, since purchase power is low more

02.28.2012

Romania’s low tariffs for energy consumers are taking a toll on companies’ financial resources, limiting new investments, said Adrian Borotea, corporate affairs manager with Czech utility CEZ. more

02.28.2012

The government will express a point of view on the liberalization of electricity and gas prices by March 21, the date of the next board meeting held by the International Monetary Fund board, Tuesday more

02.24.2012

Bucharest and Kiev are the only Central and Eastern Europe capitals that saw new flat prices go up in the final quarter of 2011, with apartment prices in Bucharest going up 5% according to a survey by more

02.23.2012

One liter of diesel oil costs 6 lei (almost EUR1.4) at Petrom’s filling stations as of Thursday, a record high level, after the company raised the price by RON0.09 per liter. The gasoline liter is more

02.22.2012

Current gas prices in Romania create an unsustainable situation that could impact investment on this segment, including the activity of the thermal power producer built by OMV Petrom (SNP.RO) in more

02.20.2012

Companies holding bilateral contracts with Romanian state-owned hydropower producer Hidroelectrica accepted price increases and a 10% to 20% reduction of delivered quantities, as well as a shorter more

02.02.2012

Romanian industrial producer prices inched up 0.5% on the month in December, the highest increase in the European Union, official data showed Thursday. more

02.02.2012

Romania’s industrial producer price index inched up 0.4% in December from the previous month, backed by increases in most sectors, the country’s statistics institute INS said Thursday. more

01.29.2012

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. more

01.19.2012

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. more

01.18.2012

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 Militari, more

01.13.2012

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 company in the more

01.09.2012

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. more

01.04.2012

Romania’s industrial producer price index inched up 0.4% in November from a month earlier, backed by increases in most sectors, the country’s statistics institute INS said Wednesday. more

12.19.2011

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. more

12.08.2011

Romania’s gas market is not integrated into the EU market because of price disparities, Competition Council president Bogdan Chiritoiu said Thursday. more

12.07.2011

Romanian energy regulator ANRE Wednesday said natural gas tariffs for industrial consumers will grow by 5% as of January 1, due to costlier imports. more

12.07.2011

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. more