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.
The lack of real digitization and transparent communication from state institutions throughout 2024 only demotivated taxpayers to invest their financial resources.
57% of Romanian consumers buy banking products online, nearly double that of 2020 (30%).
Seven out of ten companies in Romania expect an increase in impact of circular economy regulations from moderate to high and very high in the next five years.
Improving access to safe drinking water, sanitation, irrigation and enhanced flood protection will support the Sustainable Development Goals.
The first building of the Stellaris residential project in western Bucharest is 95% sold, and the works on the second one are progressing according to schedule.