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%.
Romania’s Cătălina Ponor is one of the four gymnastics legends to be honored at the 28th annual International Gymnastics Hall of Fame (IGHOF) induction ceremony on May 17, according to an official announcement. The event will be held at the Petroleum Club in Oklahoma City. The 2025 IGHOF inductees are Beth Tweddle, Andreas Wecker, and […]
Value vouchers contributed over RON 32 billion to Romania’s Gross Domestic Product in 2023, which represents more than 2% of the national GDP. According to a study conducted by the Bucharest University of Economic Studies (ASE), value vouchers, including meal vouchers, holiday vouchers, gift vouchers, and cultural vouchers, have played an essential role in supporting […]
The European Bank for Reconstruction and Development (EBRD) has committed EUR 15 million to Morphosis Capital Fund II, a private equity fund supporting small and medium-sized enterprises (SMEs) and lower mid-market companies in Romania and across Central and Eastern Europe (CEE). Managed by Morphosis Capital Partners, the fund aims to provide equity financing as an […]
Simtel Team (SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of the national leaders in renewable energy in Romania, aims to issue corporate bonds worth EUR 30 million. The company’s management has convened the Extraordinary General Meeting of Shareholders for April 24-25, to request approval […]
About 46% of Romanians believe that what they currently buy is only the bare minimum to ensure their daily living due to inflation. In the last month, Romanians spent the most on food products (89%), utilities (82%), personal hygiene products (73%), home care products (67%), and medicines or supplements (66%), according to a Reveal Marketing […]
The Bucharest office market recorded its lowest level of deliveries in two decades in 2024, with only one major project completed, according to the annual report published by Colliers. Total rental demand fell by 18% compared to the previous year, but new demand remained at a similar level to 2023. At the same time, more […]
