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%.
CTP, a leading developer, owner, and manager of industrial and logistics properties, said that it delivered a new 65,000 sqm e-commerce fulfilment centre for LPP Logistics in CTPark Bucharest West. Construction of the building in the Bolintin-Deal area began in March 2025 and was completed in about half a year. According to CTP, “it stands […]
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]
The European Commission announced earlier this week that it has selected four electrification projects developed by Romanian companies to receive funding of EUR 29.33 million from the Connecting Europe Facility fund. The CEF funding round involves a total of over EUR 600 million in EU grants, which will support...
Romania has won the international competition for a judge position at the UN Dispute Tribunal (or UNDT), with judge Adina Elvira-Ghiţă set to take over a seven-year term, according to the Ministry of Foreign Affairs (MAE). Romania secured 109 votes in the UN General Assembly during the international competition for filling a judge position at […]
The Defense Ministry said early Wednesday, November 19, that its Air Force detected a drone entering national airspace overnight, prompting the scramble of German and Romanian fighter jets amid ongoing Russian attacks near Romania’s border with Ukraine. Two German Eurofighter Typhoon jets stationed at the Mihail Kogălniceanu Air Base took off at 00:25 on November […]
The government will radically amend the legislation on foreign labour and repeal the current law, said Ciprian Văcaru, state secretary at the Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS), as reported by Economedia.ro...
