Category: Uncategorized
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Yuriy Bykoriz, Managing Director CEE, Kormotech Global: “The Romanian pet food market is steadily expanding, and our aim is to capture over 10% of the market share”
“The Romanian pet food market is larger than our domestic market in Ukraine. It shows significant potential and is growing steadily, with an average annual growth rate (CAGR) of 7%,” states Yuriy Bykoriz, Managing Director CEE, Kormotech Global. Kormotech, a family-owned global pet food company with Ukrainian roots, has been producing food for cats and…
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E-commerce reaches 3.32% of Romania’s GDP in 2024, still below EU average
Romania’s e-commerce sector accounted for 3.32% of the country’s GDP in 2024, showing steady growth but still trailing behind the European average of around 5%, according to data from the Bulgarian eCommerce Association. In Central and Eastern Europe, Greece leads the region with e-commerce contributing 7.87% to its GDP, while Bulgaria lags behind with just…
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BRINGO: Over 1.6 million orders In 2024. 4 out of 5 Bringo orders contain discounted products
Promotional products were twice as present in shopping carts in 2024. Healthier choices: Nearly half of Bringo orders included organic products. Less sugar: +20% increase in sugar-free products in Bringo carts. Bringo, the first rapid online grocery delivery service in Romania using personal shoppers, has analyzed key trends shaping eGroceries consumption habits in 2024. The…
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In 2024, One United Properties sold and pre-sold units worth EUR 227.8 mln, leased 20,000 sqm of commercial spaces
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and pre-sales of EUR 227.8 million in 2024, corresponding to the surface of 83,958 sqm of residential and commercial spaces sold and pre-sold. This includes 850 apartments and commercial units, as well as 1,270 parking spaces…
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Romania listed among top trending spa destinations in 2025
As part of their annual Spa Trends Report 2025, online booking site SpaSeekers.com has revealed the top trending spa destinations worldwide based on increases in Google search data. Albania and Romania tie in third place, each with an 83% increase in searches, after Vietnam and Morocco. Known for its beautiful beaches and tropical jungles, Vietnam is…
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Untold festival brings Post Malone, Becky Hill, Rag’n’Bone Man & more to Cluj-Napoca this summer
American superstar Post Malone will come to Romania for the first time this summer to perform at the anniversary edition of Untold festival in Cluj-Napoca. This year’s lineup also includes Becky Hill, Rag’n’bone Man, Martin Garrix, Armin Van Buuren, Fisher, Tiesto, Steve Angello, Hugel, Alok, Don Diablo, Black Coffee, Marco Carola, Dom Dolla, and Adriatique,…
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Sibiu county invests EUR 2.1 mln to boost tourism in Cindrel, Lotru and Făgăraș Mountains
Romania’s Sibiu County Council said it is investing RON 10.4 million (some EUR 2.1 million) in tourism development across the Cindrel, Lotru, and Făgăraș Mountains. The project has been approved for funding through the Center Region Program 2021-2027. The project includes the rehabilitation, modernization, and equipping of the Salvamont Base at Bâlea Lake, the construction…
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Weekend calendar: West Meets East, Beatles Symphonic concerts, Transylvania Mountain Festival retrospective, exhibitions
The public in Bucharest has several options for concerts and exhibitions, while those in Timișoara can attend a retrospective of mountaineering films and more. In Bucharest: Brâncuși Month Until February 28 The event brings to the fore the creations of 110 contemporary Romanian sculptors, whose sculptures and drawings will be exhibited in at Palatele Brâncovenești…
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Romania seeks consultant to migrate online public services to cloud under EUR 174 mln contract
The Romanian Digitalization Authority (ADR) has launched a tender to pick a consultant for the migration of its online services to the private government cloud, Profit.ro announced, quoting the tender published by ADR. The services will include cybersecurity assessment services as well. The contract has an estimated value of RON 867 million (EUR 174 million),…
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Erste Research says more fiscal corrections are needed in Romania, but downgrade can be avoided
To meet the 2025 deficit target of 7% of GDP, Romania has to achieve additional fiscal adjustment of 0.8–1.0% of GDP on top of the 1.85% already envisaged under the first fiscal corrective package, according to a research report by Erste Group. Delays increase the size of the adjustment, the financial group warns. Despite the…