The rapid development of online commerce in recent years has transformed locker networks from an alternative delivery solution into an essential component of Romania's logistics infrastructure, according to representatives of Keba Romania, a provider of infrastructure and technology solutions for logistics, banking services and electric mobility.
eMAG Group announces investments of €300 million for the next fiscal year and accelerates online commerce development through AI.
Romania continues to record the lowest uptake of e-government services in the European Union.
While the EU discusses applying handling fees for parcels worth less than €150 from non-EU countries, Romania and Italy have decided to implement it this year.
LPP Logistics has opened an automated e-commerce warehouse near Bucharest with a surface area of 65,000 sqm. The facility's fleet of nearly 1,100 robots will enable processing of over 80,000 orders per day, strengthening LPP Group's logistics infrastructure in Southeast Europe. The centre has been operational since late October and will prepare online orders for Romania, Bulgaria, Serbia, Bosnia and Herzegovina, Greece, and Hungary.
AI-powered solutions transform the shopping experience and integrate changing consumer needs,
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.
AI is creating two distinct directions in the global labour market, according to PwC research, based on an analysis of over one billion job listings across six continents.
FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.
Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.
Romania has reached 31 da Vinci robotic surgery programs nationwide, of which 8 are in the public healthcare system. The most recent system, installed at Fundeni Clinical Institute, marks the expansion of robotic surgery in Romanian public hospitals and the regional milestone of 100 da Vinci systems across the SOFMEDICA region: Romania, Greece, Bulgaria, Hungary, Cyprus, Croatia and Slovenia.
OMV Petrom, an integrated energy producer in Southeast Europe, has made the final investment decision for Gabare, an integrated solar energy and battery storage project in Bulgaria.