Romanians trust online trade, the number of sales is going up and cumulated figures since the beginning of the year are over initial estimates, said Irina Pencea, general manager of eMAG Romania and senior VP eMAG Romania, Bulgaria and Hungary, present at Profit E-commerce Challenges of growth in markets with ever harsher competition - 5th edition. “In Romania we feel the people's confidence in e-commerce, we feel that people are buying more, we see that in present figures. We have more orders from the same customers and more customers who buy online from more product categories. Besides household appliances, we see more orders for the other categories of products like fashion, consumables, cleaning products, products for children, a.o”, said Pencea. In the case of eMAG, the biggest online retail dealer in Romania, Pencea says that in 2024 initial estimates have already been exceeded. She pointed to the fact that delivery time to the other markets where eMAG is present is affected by the fact that Romania is not part of Schengen. 'Practically, delivery time grows by one day because of the time spent by going through customs. If we were part of Shengen, delivery time would be shorter, customers would receive ordered products more quickly and sales would grow. The growing potential in the area is very high, we have confidence in the rising e-commerce in the area, and that is why we invested in the two markets – Hungary and Bulgaria. It is important to acclerate and be able to play in an area offering the same conditions to players in these countries, to be able to have more rapid access abroad, the same as in Hungary any European player can go to the neighbouring country without going through customs,” Pencea said.
Around 100 specialists will work around the clock, in three shifts, at the 1 Mai – Băneasa subway tunnel section, part of the line extending to Otopeni Airport, according to secretary-general of the Ministry of Transport, Mariana Ioniță. The first TBM machine, which will begin drilling the tunnel, is set to arrive on Monday, March […]
A new report from the Romanian branch of NGO Justice and Care shows that the scale of the child trafficking phenomenon is underestimated by the authorities and that sexual exploitation, particularly of girls, remains the primary form of trafficking. The study, based on field research and interviews with specialists from three counties, namely Dolj, Bacău, […]
The Romanian Embassy in Pakistan has opened an honorary consulate in Peshawar, covering the Khyber Pakhtunkhwa region. The country is a major source of workers, essential in filling Romania’s labor shortage. Dan Stoenescu, Romania's Ambassador to Pakistan, inaugurated the Honorary Consulate in a special ceremony attended by government officials, business leaders, and members of the […]
EVERGENT Investments, an investment company listed under the ticker EVER, reports a net result of RON 263.66 million for the year 2024, representing a 29% year-over-year increase, surpassing the budgeted level by 175%. The net result is the company’s main performance indicator and consists of net profit and net gains from the sale of financial […]
Sameday, one of the key players in the courier industry, acquired the 24.9% stake held by eMAG in local IT firm Zitec, entering the company's shareholding structure. The transaction is subject to regulatory approval. "Changes in the logistics and courier sectors require rapid adaptations and technological solutions to address the challenges. The growing demand for […]
Nexus, an 8-month silver British shorthair with blue eyes, was crowned Europe’s most beautiful tomcat at the European Feline Championship 2025, an event held in Warsaw, Poland. The tomcat, by his full name Nexus of Winter Foxes, is owned by Oana Pintilii and Alexandru Paraschiv, breeders who have dedicated seven years to this passion. Nexus’s […]
