The volume of turnover in retail trade (except for trade in motor vehicles and motorcycles) decreased in the first month of the current year compared to December 2024, as a gross series, by 19.4%, and as a series adjusted for the number of working days and seasonality it increased by 0.1%, according to data from the National Institute of Statistics (INS) released to the public on Thursday.The decline in the volume of turnover in retail trade (except for trade in motor vehicles and motorcycles), gross series, in January 2025, compared to the previous month, was determined by the decreases recorded in sales of food, beverages and tobacco (-21.3%), sales of non-food products (-20.5%) and in the retail trade of automotive fuels in specialized stores (-12%).On the other hand, the increase in turnover, as a series adjusted for the number of working days and seasonality, was due to the increases recorded in the retail trade of automotive fuels in specialized stores (+0.5%) and in the sales of food, beverages and tobacco (+0.2%). Sales of non-food products decreased by 0.7%.In January 2025, compared to January 2024, the volume of turnover in retail trade (except for trade in motor vehicles and motorcycles), gross series, registered an overall increase of 4.1%, due to the increase recorded in the retail trade of motor vehicle fuels in specialized stores (+7.3%) and in the sales of non-food products (+7%). Sales of food products, beverages and tobacco decreased by 0.9%.In the series adjusted for the number of working days and seasonality, the volume of turnover in retail trade increased, overall, by 3.2%, due to increases in sales of non-food products (+5.8%) and in retail trade of automotive fuels in specialized stores (+1.2%). Sales of food products, beverages and tobacco decreased by 0.2%.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
