Romanians trust online trade, the number of sales is going up and cumulated figures since the beginning of the year are over initial estimates, said Irina Pencea, general manager of eMAG Romania and senior VP eMAG Romania, Bulgaria and Hungary, present at Profit E-commerce Challenges of growth in markets with ever harsher competition - 5th edition. “In Romania we feel the people's confidence in e-commerce, we feel that people are buying more, we see that in present figures. We have more orders from the same customers and more customers who buy online from more product categories. Besides household appliances, we see more orders for the other categories of products like fashion, consumables, cleaning products, products for children, a.o”, said Pencea. In the case of eMAG, the biggest online retail dealer in Romania, Pencea says that in 2024 initial estimates have already been exceeded. She pointed to the fact that delivery time to the other markets where eMAG is present is affected by the fact that Romania is not part of Schengen. 'Practically, delivery time grows by one day because of the time spent by going through customs. If we were part of Shengen, delivery time would be shorter, customers would receive ordered products more quickly and sales would grow. The growing potential in the area is very high, we have confidence in the rising e-commerce in the area, and that is why we invested in the two markets – Hungary and Bulgaria. It is important to acclerate and be able to play in an area offering the same conditions to players in these countries, to be able to have more rapid access abroad, the same as in Hungary any European player can go to the neighbouring country without going through customs,” Pencea said.
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
