In October 2021, the seasonally adjusted volume of retail trade increased by 0.2% in the euro area and by 0.3% in the EU, compared with September 2021, according to estimates from Eurostat, the statistical office of the European Union. In September 2021, the retail trade volume decreased by 0.4% in the euro area and by 0.3% in the EU. In October 2021 compared with October 2020, the calendar adjusted retail sales index increased by 1.4% in the euro area and by 2.3% in the EU. In Romania, retail sales fell by 0.4% month-on-month. Monthly comparison by retail sector and by Member State In the euro area in October 2021, compared with September 2021, the volume of retail trade increased by 1.3% for automotive fuels and by 0.4% non-food products, while it fell for food, drinks and tobacco by 0.1%. In the EU, the volume of retail trade increased by 1.3% for automotive fuels, by 0.6% for non-food products and by 0.2% for food, drinks and tobacco. Among Member States for which data are available, the highest monthly increases in the total retail trade volume were registered in Slovenia (+13.0%), Portugal (+2.3%) and Denmark (+2.2%). The largest decreases were observed in Latvia (-5.4%), Austria (-2.8%) and Estonia (-2.6%). Annual comparison by retail sector and by Member State In the euro area in October 2021, compared with October 2020, the volume of retail trade increased by 8.5% for automotive fuels and by 2.5% non-food products, while it fell for food, drinks and tobacco by 1.2%. In the EU, the retail trade volume increased by 9.0% for automotive fuels and by 3.8% non-food products, while it fell for food, drinks and tobacco by 0.8%. Among Member States for which data are available, the highest yearly increases in the total retail trade volume were registered in Slovenia (+34.3%), Poland (+12.4%) and Estonia (+11.0%). The largest decreases were observed in Germany (-2.8%), Latvia (-2.3%) and Ireland (-1.9%).
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
