The volume of turnover in retail trade (except for trade in motor vehicles and motorcycles) decreased in the first month of the current year compared to December 2024, as a gross series, by 19.4%, and as a series adjusted for the number of working days and seasonality it increased by 0.1%, according to data from the National Institute of Statistics (INS) released to the public on Thursday.The decline in the volume of turnover in retail trade (except for trade in motor vehicles and motorcycles), gross series, in January 2025, compared to the previous month, was determined by the decreases recorded in sales of food, beverages and tobacco (-21.3%), sales of non-food products (-20.5%) and in the retail trade of automotive fuels in specialized stores (-12%).On the other hand, the increase in turnover, as a series adjusted for the number of working days and seasonality, was due to the increases recorded in the retail trade of automotive fuels in specialized stores (+0.5%) and in the sales of food, beverages and tobacco (+0.2%). Sales of non-food products decreased by 0.7%.In January 2025, compared to January 2024, the volume of turnover in retail trade (except for trade in motor vehicles and motorcycles), gross series, registered an overall increase of 4.1%, due to the increase recorded in the retail trade of motor vehicle fuels in specialized stores (+7.3%) and in the sales of non-food products (+7%). Sales of food products, beverages and tobacco decreased by 0.9%.In the series adjusted for the number of working days and seasonality, the volume of turnover in retail trade increased, overall, by 3.2%, due to increases in sales of non-food products (+5.8%) and in retail trade of automotive fuels in specialized stores (+1.2%). Sales of food products, beverages and tobacco decreased by 0.2%.
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Romanian Marius Barbu as Chief Operating Officer (COO) with effect from April 1, 2026. He will succeed Marek Noetzel, current COO and CEO-designate. Barbu has also been nominated as a Board Director and will stand for election at the […]
Alexandru Bologa, Paralympic champion and world leader in the J1 –70 kg category, won the gold medal at the 2025 IBSA Judo Grand Prix for the visually impaired, held in Brazil’s São Paulo. This year, Bologa became world champion, European champion, and winner of several IBSA Grand Prix events. Arriving in Brazil as the world […]
