Thursday, March 31, 2011

Romania Electricity Prices to Rise 4.5% From April

Romanian electricity prices will increase 4.5 percent from April 1, Ziarul Financiar reported, citing unidentified people from the Economy Ministry.

The price for 100 kilowatts of electricity will rise by 1.8 lei ($0.6) from the current 40 lei, the Bucharest-based newspaper said.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez in Prague atjagomez@bloomberg.net

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