09.23.2015

The decline in drug prices, the constant increase in the clawback tax and the lack of transparency about how it is managed are affecting the pharmaceutical market in Romania. more

09.17.2015

Romania will cut natural gas prices by up to 10% as of July 1, 2016, due to the international evolution of the tariffs, Niculae Havrilet, head of Romania’s energy regulator ANRE, told Mediafax Talks more

09.14.2015

The difference between asking prices of apartments in Bucharest premium and average zones and asking prices for apartments in the city outskirts rose by over 20% in the last 12 months, according to a more

09.08.2015

Apartments in Cluj Napoca became the most expensive in Romania in August, outranking Bucharest apartments, after an 11% annual increase of the asking price, according to a study of real estate website more

08.12.2015

The average asking price of old three-room apartments in Bucharest reached some EUR76,250 in July, the same as in January this year, according to the real estate index compiled by ZF and real estate more

08.06.2015

The first half report of Hungary’s MOL shows it paid HUF15.5 billion (about EUR50 million) for the 42 Agip gas stations Italy’s ENI still had in Romania. The acquisition of the Agip gas stations more

08.05.2015

Grup Servicii Petroliere (GSP), the offshore drilling company of Constanta businessman Gabriel Comanescu, expects revenue to drop by more than 20% this year mainly because of the abrupt decline in oil more

08.04.2015

Drought has seriously damaged this year’s crops and caused EUR2 billion losses to producers, which represent unrecoverable investments, thus, prices of Romanian products will increase in the more

07.30.2015

Four young Bucharest entrepreneurs bet on low-priced apparel and footwear retail eight years ago. The four of them now own a network of 161 stores in Romania and the Republic of Moldova, which more

07.14.2015

The value of local food products available on the Romanian market rose 15% in the first six months, at EUR11.5 billion, from EUR10 billion in the same period a year before, agriculture minister Daniel more

06.26.2015

Crude oil price, which halved in the last year, could stay at $65-70 per barrel next year as well, but hydrocarbon price will increase 3-4-fold in the next ten years, according to the estimations of more

06.25.2015

The Romanian government will discuss the new gas price liberalization calendar on Tuesday, after Competition Council asked for including data regarding the aid granted to heating producers in the more

06.10.2015

The Romanian government might approve Wednesday the increase of the price for local natural gas for household consumers to RON60/MWh, Energy Minister Andrei Gerea stated. more

05.27.2015

Romanians pay one of the highest energy prices in EU in relation to the purchasing power, outranked by Germany, Portugal Cyprus, and Spain, while Finland, Latvia, and Luxembourg pay the lowest prices, more

04.23.2015

The final price of natural gas paid by household consumers will increase by 5-8% as of July 1, energy regulatory agency president Niculae Havrilet said Thursday. more

02.20.2015

The VAT cut on fish proposed in the new Tax Code would increase the legitimate market by EUR20 million and would bring down prices on fish by 6-8%, according to the national association Romfish. more

02.05.2015

Price is the main factor people in Romania consider when looking to buy a phone or tablet, with brand and features coming second. more

01.28.2015

Retail pharmacy chain Sensiblu, the second-largest in Romania, has launched a new brand, Farmacia Punkt, which it will take to the crowded districts of Bucharest. more

01.07.2015

The price of local natural gas for household consumers and thermal power producers supplying heating services to household consumers will remain unchanged at RON53.3/MWh until June 30, 2015, according more

12.03.2014

The price of natural gas produced domestically and delivered to household consumers will not be raised until July 1, 2015, the Department for Energy said in a press release Wednesday. more

11.27.2014

Niculae Havrilet, head of the country’s energy watchdog ANRE, Thursday stated that ANRE does not anticipate a "huge increase" of natural gas price for small and medium-sized enterprises (SMEs) in more

10.24.2014

Major companies in the energy generation business say they can barely cope now due the decline in power prices and the failure to sign long-term contracts. more

10.21.2014

Crude oil decline to some $80 a barrel puts pressure on investments and authorities must be very careful when it comes to levying taxes in the oil industry, said Gabriel Selischi, responsible for more

10.21.2014

Five farmland owners in Botosani, Constanta, Olt, Alba and Satu Mare Counties are expecting to get EUR850,000 together for the sale of 25 to 52 hectare lots each or a total of 190 hectares. more

10.13.2014

The price of land in Bucharest currently stands at about EUR70/square meter for large plots in areas like Soseaua Alexandriei or behind the plots bordering the boulevard in the Pallady area and may more