Romania's retail turnover (except for motor vehicles and motorcycles) saw an increase of 8.7%, as gross series, in the first ten months of this year, compared to the corresponding period in 2023, according to data published on Thursday by the National Institute of Statistics (INS).According to the same source, compared to the reference interval, increases were recorded in sales of non-food products (+14.8%), foodstuffs, beverages and tobacco (+4.3%) and automotive fuels in specialized stores (+3.6%).Also, the retail business increased by 8% overall, as series adjusted depending on the number of business days and seasonality, due to sales of non-food products (+13.9%), sales of foodstuffs, beverages and tobacco (+3.8%) and of automotive fuels in specialized stores (+3.3%).Official data also reveal that, in October 2024 vs. October 2023, the retail turnover (except for motor vehicles and motorcycles), went up 11.1%, as gross series, due to the sales of non-food products (+19.4%), sales of foodstuffs, beverages and tobacco (+5.8%) and sales of motor fuel in specialized stores (+2.9%).According to the INS, in October this year compared to the previous month, the retail businesses (except for trade in motor vehicles and motorcycles) increased both as gross series (+2.3%) and as adjusted series (+0.9%).
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
