Romaniaʼs e-commerce market up 40% in 2020

Retail

Romaniaʼs e-commerce market will reach about EUR 6 billion in 2020, at least 40% more compared to 2019, according to estimates revealed in a study conducted by iSense Solutions for the GPeC summit, the annual event dedicated to the local e-commerce industry, reported business paper Ziarul Financiar as cited by news portal Romania-insider.

In the pandemic context, the number of Romanians shopping online increased by 13% this year compared to 2019, and the average value spent on online shopping went up by 41% compared to 2019.

The fastest evolution in terms of online sales was recorded by catering services (delivery of cooked food), with an increase of 124% compared to 2019.

Other categories of products recorded sales growth well above the 2019 average as well - such as books and magazines (+113%), pet shop goods (+113%), and FMCG (+110%). Fast delivery applications gained ground during this period, with almost half (45%) of survey respondents mentioning that they used a delivery application for online shopping or ordering at least once, and 27% of them used the applications at least once per week. 

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See... EU

EC Calls on Hungary to Comply With CJEU Ruling on Asylum See...

Special Effects Expands Portfolio With Acquisition of Creati... Deals

Special Effects Expands Portfolio With Acquisition of Creati...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.