The competition in the online food trade, a market of EUR 200-250 mln in Romania, is rising - according to Ziarul Financiar daily summing up the latest developments. eMAG, Rohlik, a player from the Czech Republic, and Grovy, an ultra-fast delivery platform, are the latest players. The first to develop the market were the hypermarkets and supermarkets chains, which wanted to capture the growing demand. Online commerce came to Romania last year to hold a market share of about 1% of total sales of food and other consumer goods after consumers migrated to this distribution channel forced by mobility restrictions or simply by caution. In a market of about EUR 20 bln, the online sales can be estimated at about EUR 200 mln in 2020, 3-4 times higher than in the last year before the pandemic, according to ZF calculations based on market information. The upward trend continued in 2021.
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]
Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland. The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...
Monarc Development announces the acquisition, from a private investor with a strong reputation in premium real estate developments, of the strategic management and sales operations for a major urban project in Sector 1, valued at €27.5 million. The project is now being repositioned under the new identity Monarc Grivița 166, a contemporary serviced-residences concept with […]
Inter Computer Romania, part of Inter Computer Group (ICG), one of the largest IBM Platinum partners in Central and Eastern Europe, announces reaching €5 million in signed projects for 2025, an indicator of the accelerating demand for digitalization, data security, and AI-ready infrastructure initiatives. The company continues the development strategy announced at the beginning of […]
Former MEP Vlad Gheorghe has withdrawn from the race for the Bucharest City Hall and urged people to support the candidate of the National Liberal Party (PNL), district 6 mayor Ciprian Ciucu. The announcement was made in a press conference on Tuesday, December 2, alongside the latter. To motivate his decision, Gheorghe pointed at the […]
IT Genetics, a Romanian technology company specialized in digital automation and operational efficiency solutions for businesses, announced this week its intention to list on the AeRO market of the Bucharest Stock Exchange in Q1 2026. Upon admission to trading, the company’s shares are expected to be listed on the AeRO market under the ticker “ITG”. […]
