prices
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Rompetrol: Fuel consumption and prices could drop, but funding will be stricter
Rompetrol group officials believe that the decline in the value of oil prices on international markets, due to the current financial crisis, is a trend that could continue over a longer peri...
Unit-linked policy holders see 45% losses
Unit-linked insurance has registered declines of as high as 45% since the start of the year, mainly in the wake of financial turmoil.
Prista Oil posts lower turnover due to oil prices
Bulgarian manufacturer Prista Oil, one of the top lubricant importers on the local market, estimates its sales rate in Romania will go up 50% in the second half of the year, to 9 million eur...
Immoeast will not sell at undervalued prices
Representatives of the Austrian investment fund Immoeast, the most active buyer of real estate property on the local market, with a portfolio of 3.3 billion euros, say they will not sell pro...
Holcim: We raised prices by 10-12% this year
Holcim Romania, part of the Swiss Holcim group, has upped its cement prices by 10-12% since the beginning of the year, said the company's general manager Markus Wirth. He added the sale pric...
Rising oil prices add 40% to top four players' turnover
Petrom, Lukoil, Rompetrol and MOL Romania, the top four players on the Romanian market, whose sales account for over 90% of all petrol and diesel oil sold domestically, posted record figures...
Rising oil prices add 34% to Lukoil turnover
However, procurement expenses also increased and had a negative impact on the company's net income, after Lukoil Romania lost 33% of the net gains worth $17.6m (13.2 million euros), generate...
MOL: Fuel sales up 10%, despite higher pump prices
Volumes of petrol and diesel oil sold are up 10% since the beginning of the year against last year, despite the unprecedented rise in pump prices, after oil prices repeatedly hit record high...
High fuel prices cause certain distributors' to change strategies
Possible acquisitions of electrical machinery, cutbacks in transport and the optimisation of shipping routes have become key in the strategy adopted by distributors of drugs, construction ma...