Economy | 11 October, 2024 at 12:03 PM
Romanian e-commerce ranks 3rd in Central and Eastern Europe
In 2023, Romanian e-commerce of goods and services reached €10.6 billion, representing 3.32% of GDP.
In 2023, Romanian e-commerce of goods and services reached €10.6 billion, representing 3.32% of GDP.
Investment of more than €100 million to increase shipping capacity in the fourth quarter of 2024.
E-commerce expansion is fueled by access to digitalization and the rising incomes of the young population and digital natives, but also by the evolution of technology.
66% of consumers find private label just as good as branded alternatives, with 38% having no plans to switch back to branded goods.
Western European shoppers spend an average of €85 per transaction, while Eastern European consumers spend €55.
PP's total footprint at the Park to around 90,000 sqm with the new facility comprising 40,000 sqm with the remainder of the building being used as an LPP distribution centre.
A Romanian team of young tech geeks designed five AI-based robots which can tirelessly work as brand manager, sales agent, data engineer and influencer.
Fulfill.ro, the e-commerce logistics division of Mediapost Hit Mail, the largest integrator of direct marketing services in Romania, has reached a 37% increase in turnover in 2023.
PayU GPO Romania, the leader of the local online payment market, estimates that the value of the e-Commerce market will be around €11.5 billion in 2024.
With 138 deal announcements in 2024, Romania has seen a 6% increase in deal volume from the previous year.
MOL Group's profit before tax (PBT) down by 23% year on year almost entirely due to external environmental impacts,
The company currently has a market share of between 7% and 15% in certain product segments, with a target of 3% growth over the next two years.
Romania, the main strategic partner of the Republic of Moldova – Reconfirmation by the visit of Prime Minister Dorin Recean to Terra Impex in the Vulcănești Free Economic Zone.
The transaction is financed through the NextGenerationEU program, with the financial support of the Government of Romania and the Government of Bulgaria, through the PNRR.