Retail sales in Romania surged by 8.6% y/y in 2024 in volume terms, driven by the double-digit (+14.8% y/y) rise in non-food sales, according to data published by the statistics office INS.
The private consumption was driven up by the 7.6% y/y rise in the real net wage and the unusually sharp rise in the volume of “new consumption loans”: +73% y/y to RON 47.0 billion (EUR 9.5 billion) in 2024, counting only the local currency denominated lending. The “new consumption loans,” although...
Sarom Packaging, a leading local and regional glass packaging manufacturer, has invested over EUR 3 million in launching a new collection of wine bottles destined for premium brands. This marks the first initiative of its kind in the European market from a domestic glass packaging manufacturer, the company said. Sarom Packaging's CEO Jacques-Edouard Săvoiu said […]
Bucharest will add 22 more non-polluting trolleybuses to its public transport fleet, using European funds allocated through the National Recovery and Resilience Plan (PNRR), mayor Nicușor Dan announced. The total estimated cost of the project is RON 71.5 million. The procurement contract has already been published on the national electronic procurement platform (SEAP) and includes […]
Harghita County in central Romania has been awarded the title of European Region of Gastronomy for 2027 by the International Institute of Gastronomy, Culture, Arts, and Tourism (IGCAT) during a festive event held Thursday evening, February 6, in Miercurea-Ciuc. Harghita County Council president Biro Barna Botond noted that the title represents an opportunity for Harghita […]
Carrefour Romania announced a temporary price reduction campaign on a selection of products amid calls for a supermarket boycott by isolationist politicians, following the model seen in Croatia, where consumer protests led to sales declines of up to 50%.. The retailer will apply discounts of 5% to 25% on 1,500 products from February 7 to […]
Former National Liberal Party (PNL) leader and prime minister Nicolae Ciucă is under consideration for the role of director of the Romanian Intelligence Service (SRI) or the Foreign Intelligence Service (SIE), according to political sources cited by
Romania's Competition Council will clear the sale of Telekom Romania Mobile to Vodafone and Digi most likely in the first half of the year, but conditions will be imposed on the two buyers related to the degree of coverage and signal quality, the president of the Competition Council, Bogdan Chiriţoiu, said on February 6 quoted […]
