Orders placed in 2021 with the regional SaaS e-commerce platform MerchantPro were 72 percent up in volume and 48 percent higher in number, shows a release issued on Monday.December 2021 also saw a significant rise in the average basket size, which was almost 30 percent higher compared to the previous year, while the annualised increase was 18 percent."December marked the end of a year of steady growth in the Romanian online business, as the stores created on the MerchantPro platform registered an advance almost as spectacular as in 2020. According to MerchantPro data, whereas in December 2020 the y-o-y increase in the value of orders was 99 percent, in December 2021, growth from the year-ago period was 75 percent," the release states.By value, the largest order placed in December was over 60,000 euros, for the purchase of specialized hospitality equipment. By product numbers, the most diversified order had 300 items and was placed in the food & beverages segment. The busiest day in terms of orders was Monday, December 13, with more than 15,000 orders placed.Apart from Bucharest which is on the first spot, the most dynamic cities by the number of orders placed were Constanta, Cluj-Napoca, Iasi and Timisoara, and most orders were placed for IT & electronics (+214 percent). Fashion, sporting and home & deco shopping was also uptick.More than 5,000 online stores have used the MerchantPro regional platform over the past 10 years. MerchantPro is a project by software company ShopMania Net, which provides Romanian and European e-commerce entrepreneurs competitive trading features, professional support services and customized solutions tailored to specific development needs. The number of active online stores using the MerchantPro SaaS e-commerce platform is in excess of 1,500.
The corporate branch in Romania of PKO Bank Polski, the leader of the Polish banking system, will begin its operational activity on the local market in 2025, according to Ziarul Financiar. The Romanian daily announced in October 2023 that PKO Bank, the largest bank in Poland, with assets equivalent to 70%...
The Romanian Ministry of Energy announced that it notified the Foreign Direct Investment Review Commission (CEISD) regarding the transaction through which Hungary's state-owned energy group MVM intends to acquire the gas and electricity supply division of E.ON Energie Romania,...
At the monetary policy meeting of January 15, Romania’s central bank (BNR) maintained the monetary policy interest rate at 6.5%, which was in line with expectations. Amid persistent inflation risks and with no budget plan drafted by the government, the monetary authority thus prioritized a cautious stance over the need to encourage economic growth. “We […]
Ford Transit & Tourneo Courier, Ford Puma, and the new Dacia Duster led Romanian car production to a record volume of over 560,000 cars, according to calculations by Ziarul Financiar based on information from the car market and Ford Otosan's stock exchange report. The volume thus brings a 10% increase...
Romania's industrial output in the 12 months to November 2024 contracted by 2% y/y, according to data published by the statistics office INS. The contraction was slightly softer (-1.6% y/y) in the core manufacturing sector, with the segment of utilities (-4.4% y/y) dragging down the overall performance. Most likely, the industrial output in Romania ended […]
A film festival presenting films awarded by ecumenical juries of international festivals and an exhibition centering on the book as an art object are among the options on the Bucharest agenda. In Bucharest: Filmikon January 18 – January 24 The second edition of the event screens a selection of films awarded over the years by […]
