In order to be protected against the wave of food price increases, one can apply simply buy shares in food producers. Since the beginning of the year, the shares of Argus Constanţa (vegetable oil) and … [Read more...]
Romanian Land Prices Down 16% In 1Q – imobiliare.ro
May 17, 2011 By Leave a Comment
According to portal imobiliare.ro portal, in the first quarter of the year owners of inner city land for residential project development in Romania continued to decrease prices, by up to 16%, under the … [Read more...]
Vodafone: 25% Of All Mobile Phone Sales Are Smartphones
May 10, 2011 By Leave a Comment
Andrei Oltei, terminal manager with Vodafone company says that sales of smartphones, mobile phones that allow users to surf the net, send emails, run games and listen to music, went up, currently making … [Read more...]
U.S.: Gasoline Imports From Europe Go Down. Prices Reduce Demand
April 27, 2011 By Leave a Comment
In April, gasoline shipments to the U.S. from Europe are poised to drop to the lowest in four months. This is just reinforcing speculation that a surge in pump prices is hurting consumption in the world’s … [Read more...]
Cruise Holidays Booked After Prices Fell: 7,000
April 26, 2011 By Leave a Comment
Last year, almost 7,000 Romanians went on a cruise holiday. At the same time, 17.5 million people worldwide choose to spend their holidays on cruising ships every year. According to one of the world's … [Read more...]
Oil Price Trading Near USD 123
April 21, 2011 By Leave a Comment
Brent oil prices are going up again. In Tuesday’s trading session price was nearing USD 123 a barrel, after the IEA stated that OPEC needs to raise its output around June to contain further oil prices. … [Read more...]
7 Or 8 Years From Now, Electricity Price Could Double
April 20, 2011 By Leave a Comment
The Association of Electricity Suppliers in Romania (AFEER) says that the price of electricity could double in 7 or 8 years’ time. The reason given is related to the costs of the support schemes for … [Read more...]
BNR To Raise Inflation Forecast In May
April 13, 2011 By Leave a Comment
Adrian Vasilescu, adviser to the central bank governor said that Romania’s central bank will revise upward its forecast for the year-end inflation at a quarterly report due May, prompted by surging global food … [Read more...]
How Did Milk Become A Luxury Product In Romania
April 6, 2011 By Leave a Comment
Milk became a luxury product for many Romanians after the price/ liter doubled in the last half of year, reaching a price of even Ron 5 in Supermarkets. The price increase has many reasons, most important … [Read more...]
