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Government drops price control in mining industry

Vineri, 12 mai 2006, 0:00

The Romanian government has decided to drop the price control for products and services in the mining sector, leaving the sector open to a more market-oriented, more economicly efficient management. The prices for mining products and services will from now on be established in competition to other domestic and foreign providers.

The government opted to drop an ordinance regulating the prices in its May 10 session, according to a press release.

The current structure of the sector shows there is a significant number of economic agents to eliminate the issue of a monopoly in this field.

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