Category: FOCUS

TRUDA: Romanian ecommerce is growing this year, especially in the luxury area, where sales are 50% higher

TRUDA: Romanian ecommerce is growing this year, especially in the luxury area, where sales are 50% higher

In 2023, the ecommerce market is defined by a series of changes, including the fact that Romanians make purchase decisions more slowly, but buy more frequently and in larger quantities online, the luxury segment has spectacular sales, and online stores are changing their focus to promoting products that bring higher profits. Thus, this year, the ecommerce market will grow by […]

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Smart Metering to Generate $60 Billion in Revenue for Vendors Globally by 2027, According to Juniper Research

Smart Metering to Generate $60 Billion in Revenue for Vendors Globally by 2027, According to Juniper Research

A new study from Juniper Research, foremost experts in the sustainable technology market today, found that hardware, connectivity and service revenue from smart meter deployments, and in use, will exceed $60 billion in 2027; up from $41 billion in 2023. This 44% growth reflects how smart meters are becoming critical to increasing the efficiency of energy grids via analytics; central […]

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What job could ChatGPT take in Romanian companies

What job could ChatGPT take in Romanian companies

ChatGPT technology, which generates answers and texts with the help of artificial intelligence, could fulfill various tasks and roles, especially those involving repetitive work, in companies in Romania. Specifically, ChatGPT could be an assistant, archivist, data analyst, blog content creator, or junior copywriter, having a support role for Romanian employees. At the same time, ChatGPT relieves employees of certain tasks […]

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Limitless Agency: The gifting segment grew by 64% in March. The most expensive gift on Women’s Day was almost 10,000 euros

Limitless Agency: The gifting segment grew by 64% in March. The most expensive gift on Women’s Day was almost 10,000 euros

On International Women’s Day, the gift market increased by 64% between March 1-8, 2023 compared to the same period last year, according to an analysis by Limitless Agency, one of the largest digital marketing agencies. Thus, the most expensive product ordered from the Romanian online during this period, a luxury watch created by a French fashion house, cost 49,000 lei […]

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1 million Romanians go to the mall every day

1 million Romanians go to the mall every day

Romanians make more than 32 million visits to the mall every month, according to the latest data collected by Brand Management, the leader of the Romanian indoor communication market and the first profile company with national coverage. Of these, almost 30% are in Bucharest. “Going to the mall is a social behavior in our country. After the pandemic, people returned […]

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True People: The success rate of AI in recruitment exceeds 80%. Traditional job platforms, continuously declining in efficiency

True People: The success rate of AI in recruitment exceeds 80%. Traditional job platforms, continuously declining in efficiency

The success rate of AI-based tools in finding suitable candidates can reach 80%-100% in the hands of an experienced recruiter, according to data from True People, a technology-enabled headhunting company. At the same time, the performance of traditional job platforms and application tracking systems in finding candidates is continuously declining. “Technology has become an essential tool in the recruitment process […]

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Limitless Agency: The digital marketing market is making a spectacular comeback after last year’s inflation

Limitless Agency: The digital marketing market is making a spectacular comeback after last year’s inflation

Limitless Agency, one of the largest digital marketing agencies in Romania, market leader in marketing technology and PPC and SEO services, predicts that the digital marketing services market will recover spectacularly in 2023, after last year’s inflation. The company records an almost 100% increase in demand for PPC and SEO services at the beginning of 2023 compared to the first […]

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Dealmaking in CEE remained resilient in 2022 despite unprecedented regional and global headwinds

Dealmaking in CEE remained resilient in 2022 despite unprecedented regional and global headwinds

Mazars, the international audit, tax, and advisory firm, today releases a new report, in association with Mergermarket, which reveals that dealmakers in the CEE region have adapted rapidly to the tougher environment that emerged in 2022. The annual study, Investing in CEE: Inbound M&A report 2022/2023, offers an overview of M&A activity in the region in 2022 and looks ahead […]

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DSV Road Analysis – Forecasts in the transportation industry in 2023: The market continues to grow, and Romania becomes a key point on the map of international transport

DSV Road Analysis – Forecasts in the transportation industry in 2023: The market continues to grow, and Romania becomes a key point on the map of international transport

DSV Road, the third largest freight transport company in Romania and Europe, estimates that the freight transportation market in Romania will continue to grow in 2023, but not at the level of last year, Romania is becoming a key point on the map of international transport, and transportation services that help companies reduce their expenses will be the most sought […]

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TRUDA analysis: Online stores have losses of up to 30% because they promote the wrong products

TRUDA analysis: Online stores have losses of up to 30% because they promote the wrong products

Online stores lose the chance to increase their income by up to 30% monthly, and in over 70% of cases online advertising budgets are incorrectly allocated, in the absence of a precise analysis of products performance, shows an analysis carried out by TRUDA, the first Romanian machine learning business capable of analysing online performance in real time to promote the […]

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5G IoT Connections to Surpass 100 Million for First Time Globally by 2026; Achieving 1,100% Growth Over Three Years

5G IoT Connections to Surpass 100 Million for First Time Globally by 2026; Achieving 1,100% Growth Over Three Years

A new study from Juniper Research has found that 5G IoT (Internet of Things) connections will reach 116 million globally by 2026; rising from just 17 million in 2023. It predicts that the healthcare sector and smart city services will drive this 1,100% growth over the next three years. The comprehensive research examined 5G adoption across key sectors, such as […]

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Limitless Agency: Lower ecommerce growth, fewer impulse purchases, and more competition

Limitless Agency: Lower ecommerce growth, fewer impulse purchases, and more competition

2022 was an atypical year for the ecommerce market, with increases of 10%-15%, lower than in other years, Romanian consumers making fewer impulse purchases. Instead, competition has increased, and the number of advertisers is increasing, according to an analysis by Limitless Agency, one of the largest digital marketing agencies.    According to Limitless Agency representatives, among the reasons for the […]

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