Orders placed in 2021 with the regional SaaS e-commerce platform MerchantPro were 72 percent up in volume and 48 percent higher in number, shows a release issued on Monday.December 2021 also saw a significant rise in the average basket size, which was almost 30 percent higher compared to the previous year, while the annualised increase was 18 percent."December marked the end of a year of steady growth in the Romanian online business, as the stores created on the MerchantPro platform registered an advance almost as spectacular as in 2020. According to MerchantPro data, whereas in December 2020 the y-o-y increase in the value of orders was 99 percent, in December 2021, growth from the year-ago period was 75 percent," the release states.By value, the largest order placed in December was over 60,000 euros, for the purchase of specialized hospitality equipment. By product numbers, the most diversified order had 300 items and was placed in the food & beverages segment. The busiest day in terms of orders was Monday, December 13, with more than 15,000 orders placed.Apart from Bucharest which is on the first spot, the most dynamic cities by the number of orders placed were Constanta, Cluj-Napoca, Iasi and Timisoara, and most orders were placed for IT & electronics (+214 percent). Fashion, sporting and home & deco shopping was also uptick.More than 5,000 online stores have used the MerchantPro regional platform over the past 10 years. MerchantPro is a project by software company ShopMania Net, which provides Romanian and European e-commerce entrepreneurs competitive trading features, professional support services and customized solutions tailored to specific development needs. The number of active online stores using the MerchantPro SaaS e-commerce platform is in excess of 1,500.
A recent investigation conducted by Romanian journalists at Recorder claims to show that Vlad Oprea, the mayor of Sinaia, a popular mountain town roughly 120 km north of Bucharest, has an impressive fortune hidden from public view. He allegedly owns several properties, including a castle in France, which was bought under the name of one of his […]
Retail investors subscribed over 23.3 million shares in the first three days of the initial public offering carried out by energy group Premier Energy (PE). There were over 10,000 orders placed by retail investors, amounting to over RON 500 million (100 mln), as of Friday, May 10, at 15:15. The Premier Energy IPO is the […]
Romania ranked second in the region in terms of industrial & logistics spaces leased in the first quarter of 2024, after Poland, the uncontested leader in Central and Eastern Europe, according to a recent report by real estate consultancy company Cushman & Wakefield Echinox. The local demand surpassed that in Czechia, Slovakia, and Hungary. Companies leased […]
The organizers of Romania’s seaside festival Neversea unveiled the first artists for this year's edition. Maluma, Nick Carter, Bebe Rexha, G-Eazy, Mahmut Orhan, Don Diablo, and others are on the 2024 lineup. Maluma, the Colombian reggaeton and Latin-pop superstar known for his chart-topping hits and collaborations with artists like Shakira, Jennifer Lopez, The Weeknd, J […]
Digital nomad publication Freaking Nomads created an index of the best cities for digital nomads worldwide, and Bucharest took the ninth spot in the ranking. Coming out on top was Hoi An, Vietnam, with a score of 73.94 out of 100. The research looked at criteria influencing the appeal of cities for digital nomads, such […]
The electoral campaign for the June 9 local and European elections in Romania officially began on Friday, May 10, and will end on June 8. The Central Electoral Bureau urged all candidates and parties to maintain balanced and honest discourse and avoid distorting or manipulating information. The audiovisual electoral campaign will conclude on June 7 […]
