People living in cities will allocate an average budget of 310 lei for gifts to be offered for St Nicholas day, while 90% of respondents announced they would purchase different products, according to a study made by Mednet Marketing Research Center. 93.2% of respondents from towns with less than 100,000 inhabitants announced they would purchase gifts, while in big towns only 87.7% will do it. Last year less than 80% of people from big cities expressed their intention to buy gifts for St Nicholas day. The gifts will be diversified but sweets will dominate, over 80% of townspeople saying they intended to buy them for their loved ones. Toys are in the top of preferences, next to clothes/footwear, cosmetics/ perfumes and fruit. Over 12% of townspeople intend to offer smart phones or tablets. The study was made on a representative sample of 800 persons at urban level (small towns under 30,000 inhabitants, medium size towns 30,000-100,000 inhabitants, large towns over 100,000 inhabitants) over November 26-December 2, 2015. The margin of error is +/- 3.46%.
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 […]
