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.
Several civic organisations held a protest last week targeting the leadership of Romania’s judiciary, after accusing senior magistrates of overstepping their institutional roles, Epochtimes-romania.com reported. The groups - Iniţiativa România, Corupţia ucide,...
The ruling coalition will no longer negotiate with the Superior Council of Magistracy (CSM) and the High Court (ICCJ) on the magistrates’ pensions law but instead will come up with a revised version of the bill by November 18, inviting magistrates’ associations to demonstrate their loyalty by issuing the necessary consultative opinion timely, such to […]
Along with the American investment fund Carlyle, which is said to want Lukoil's assets under a global deal and is already active in Romania through the Black Sea Oil and Gas company as the third largest gas producer in Romania (10%), there are at least two other companies interested, according to Romanian minister of energy […]
Subscriptions under the November 2025 issue under the Fidelis government bond scheme were the weakest in the last six months, signalling a moderation in investor appetite for this form of savings. The state raised only RON 1.3 billion (EUR 260 million), of which approximately two-thirds came from tranches denominated in euros,
The International Monetary Fund (IMF), under its annual Article IV Consultations with Romania, said that the country’s general government budget deficit may drop to 5.8% of GDP in 2026 and suggested further steps for further fiscal consolidation. The Fund’s proposed plan focuses on personal income taxation, which would generate 0.9% of GDP higher revenues by […]
Romania’s current account (CA) deficit widened by 7.5% y/y to EUR 8.8 billion in Q3, despite a slight improvement in the balance of trade in goods (the country’s main source of external deficit), according to data published by the National Bank (BNR). The deficit of the trade in goods contracted by 7.8% y/y (by EUR […]
