Online sales in Romania in H1 2024 were more than 9 percent higher compared to the same period of the previous year, according to a specialist survey released on Wednesday by local SaaS-based e-commerce platform MerchantPro.According to data centralized in the report, the positive dynamics is mainly due to developments in the second quarter, when online sales rose by over 12 percent. In terms of orders placed by customers in the first half of 2024, the growth pace is similar to 2023, at 6.71 percent."Automation and Artificial Intelligence, customer loyalty, the diversification of business models and increased competition are some of the main trends and challenges that characterize the local e-commerce market in the first half of the year. The market development prospects are backed by the real dynamics in the first part of of the year. Romania's eCommerce market continues to grow, fueled by access to digital technology and the increase in the income of the young population and digital natives, but electronic commerce has reached the age of maturity. Year-to-year growth is moderate and the competition is getting fiercer, especially from strong international competitors, both brands from the EU or, as in the last 12 months, non-EU players such as Shein or Temu, whose global rise is gaining momentum," experts estimate.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
