Romania has registered, over the last ten years 733% more buyers online, seven times over the figures of Poland, the Czech Republic, Slovakia, Hungary and Bulgaria, show the data of a study published recently by a global consultancy company in management, present at local level as well since 2005. According to the data centralized by the Horvath report, during 2000, e-commerce sales in Romania had a growth of 71%, compared to the previous year, as a result of the pandemics, but in 2021 the increase was only 29%.The relaxation of the restrictions and the possibility to buy in person played an important role in this diminution of the growth rate.As regards the growth of the number of buyers, there is a more accelerated evolution in Romania, by comparison to the average of the analysed countries.Thus, between 2010 – 2021, Romania has registered a growth of 733% of the online buyers and the e-commerce sector is mainly concentrated in the urban environment.The Horvath report shows the fact that the discrepancy between urban and rural is very big (23% fewer buyers through e-commerce in the rural environment against the urban one).Horvath is one of the most important independent international companies, in the domain of consultancy in management, present on the market in Romania starting with 2005. The company was set up in Stuttgart, in 1981 and has over one thousand employees and offices open in Germany (Berlin, Dusseldorf, Frankfurt, Hamburg, Munich and Stuttgart), Austria, Romania, Switzerland, Hungary, Saudi Arabia and the United Arab Emirates.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
