04.21.2017

Local banks sold non-performing corporate loans at an average price of 9% of the nominal value of the loan, while the average price of retail loans was 12%, first deputy governor of Romania’s more

04.07.2017

The price increase of crude oil and oil products, after the recent chemical attack in Syria, could jeopardize Romania’s economic growth, as a fuel price hike would trigger a chain reaction in the more

04.04.2017

The shares of Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) traded at RON7.09 on Tuesday morning, up 1.4% compared with the previous session, reaching the highest price since more

03.20.2017

Romania house price index rose 7.8% in the fourth quarter of 2016, compared with the year-earlier period, according to Knight Frank Global House Index study. more

03.14.2017

The shares of 47 companies of the 86 in the main section of the Bucharest Stock Exchange have seen rises since the beginning of the year and 21 of them even posted double digit growth, driving the more

03.02.2017

Average prices of apartments put up for sale across Romania rose 1.5% on the month in February, to EUR1,080 per sqm, and also increased 6.4% compared with EUR1,015 per sqm in February 2016, according more

02.28.2017

The major international pharmaceutical companies, whose revenue in Romania is in the range of hundreds of millions of euros, have been withdrawing thousands of drugs from the market, including more

02.27.2017

Romania ranks 11th among the states in the European Union by house price, registering a 2.9% price increase in 2015 compared with 2010, according to Eurostat data. more

02.20.2017

Competition Council started, at the beginning of February, a sectoral investigation on the Romanian fuel market, verifying the fuel price increase above the EU average. more

12.21.2016

The price of new apartments and the volume of real estate loans are estimated to increase by 5-6% in 2017, said Dana Demetrian, ‎ BCR Retail&Private Banking Executive Vice President. more

10.27.2016

The tax-exclusive fuel prices in Romania were higher than the European average this summer. more

09.20.2016

Romanian consumers focus on both price and quality when choosing the products they use and the products made by Farmec are adapted to each market on which the company operates, in terms of both more

09.19.2016

If the reference auto liability insurance (RCA) price is not high enough, any scenario (about Allianz-Tiriac’s presence on this segment i.e.) is possible, says the new chief executive officer of the more

09.12.2016

Some 1,500 hectares of farmland were sold at an average price of about EUR4,340 per hectare or a total of more than EUR8 million from January through early September, according to the data on the more

07.28.2016

French-held Lactalis is offering 342 million lei (EUR73 million) for all the Albalact (ALBZ.RO) shares after almost six months of talks and analysis and will therefore become the local dairy market more

06.02.2016

Prices of new and old apartments put up for sale across Romania fell by 1.4% on the month in May, to EUR1,002 per square meter, from EUR1,016 per sqm in April, according to real estate website more

06.02.2016

Prices of food and non-alcoholic beverages rose by about 3.6% in the online stores of Carrefour and Cora in the first year of 9% VAT, which means about one third of the about 13% drop in prices that more

05.23.2016

In one year, state-run Nuclearelectrica (SNN.RO) and Romgaz (SNG.RO) stock prices dropped 33% and 38%, which means the Energy Ministry’s stakes are worth about 4.3 billion lei (about EUR1 billion) more

05.12.2016

The talks related to the law on debt discharge stimulated the apartment demand and implicitly the price increase trend in April, according to real estate website imobiliare.ro. more

04.27.2016

Romania’s energy regulator ANRE on Wednesday said natural gas prices for household consumers included in the consumption category B, accounting for 94% of overall clients, will be cut by an average more

01.27.2016

The oil price dropped to less than $30 last week, something that did not happen even when Lehman Brothers collapsed in the fall of 2008. more

12.18.2015

IKEA Romania decided to cut prices by an average 2.3% for the entire range of products, which includes 9,415 items, while for 344 best-selling items, prices will be cut by an average 15.5% in order to more

12.07.2015

The highest price increases for apartments put up for sale in Romania in 2015 were registered in Cluj-Napoca and Timisoara cities, of 12.2% and 11.8%, respectively, while prices rose 3% in Bucharest, more

11.26.2015

Electricity prices for Romanian households will fall by 5-6% as of January 1, 2016, following the reduction of the distribution tariffs by 8-10% and the decrease of the cogeneration tax, Niculae more

10.08.2015

In 2004-2005 Romania went through its most important wave of privatizations in the energy sector, when it opened one of the most powerful sectors of its economy to foreign investors. more