Florentina Cernat

Competition Council launches food price monitor, meant to help increasing competition and cheapening products

The Competition Council on Tuesday launched the platform "Food Price Monitor," which allows the comparison of more than 30,000 products from 1,700 stores from all over the country, meant to help strengthening competition on this market and cheapening foodstuffs at the most expensive stores.

Romania's natural gas market, electricity market to be fully liberalised in 2021, including for household consumers

Romania's natural gas market will be completely liberalised on April 1, 2021, and that of electricity on July 1, 2021, with regulated prices to be eliminated even for household consumers in order to boost market competition, Vice-President of the National Energy Regulatory Authority (ANRE) Zoltan Nagy-Bege said Monday.

Vasilescu (BNR): Inflation strikes without taking into acccount what Gov't says

Romania is facing an inflation twice as high as the level considered optimal for this indicator, and this does not depend on the authorities' statements, Adrian Vasilescu, strategy consultant with the National Bank of Romania (BNR) told a profile conference on Wednesday. "Inflation strikes without taking into account what the Government says, what the companies say, what the population wants.

Official Minzatu: Romania has an European funds absorption rate of 32 pct, below EU average

Romania has an European funds absorption rate of 32 per cent, for the 2014-2020 programming period, which is below the European average, Minister of European Funds Roxana Minzatu told a press conference on major infrastructure projects on Wednesday .

71 percent of entrepreneurs do not support reintroduction of criminal liability for non-payment of taxes

Nearly three-quarters of Romanian entrepreneurs argue that they are against reintroducing criminal liability for the non-payment of taxes and contributions, according to a survey conducted by The National Council for Small and Medium-sized Private Enterprises in Romania (CNIPMMR), released on Tuesday.

Romanian participation for the first time in FachPack international fair in Nuremberg

Romanian companies in the packaging and packaging solutions industry present their products, along with the largest players in the packaging market in Europe, in front of an estimated 45,000 visitors of the FachPack trade fair in Germany, that is being held 24-26 September, according to a release of the Ministry for Business Milieu, Trade and Entrepreneurship sent to AGERPRES on Tuesday.

Busteni, Sovata and Sighisoara, cheapest autumn tourist destinations

Busteni, Sovata and Sighisoara are the localities with the cheapest accommodation options in Romania, the price per night in a 3-star hotel during the autumn months amounting on average to 27 euros, 29 euros, 34 euros, respectively, according to a press release of the search engine momondo.ro sent to AGERPRES on Thursday.

Spot electricity price nears record highs in Romania as imports exceed 1,000 MW

Electricity prices on the spot stock market has reached a high of 655 lei per MWh on Monday, very close to the absolute record high, with imports of around 1,200 MW, according to an AGERPRES analysis of data with OPCOM and Transelectrica. Thus, the average price of electricity delivered on Monday is 505 lei per MWh, while the highest is 655 lei per MWh, with a peak-hour average of 622 lei.

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