Features of E-Commerce in Romania

Constandache Mihaela (), Nenciu Daniela Simona () and Stanciu Anca - Cristina ()
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Constandache Mihaela: „Dimitrie Cantemir” Christian University of Bucharest, Faculty of Tourism and Commercial Management Constanta
Nenciu Daniela Simona: „Dimitrie Cantemir” Christian University of Bucharest, Faculty of Tourism and Commercial Management Constanta
Stanciu Anca - Cristina: „Ovidius”University of Constanta, Faculty of Economic Sciences

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 158-162

Abstract: Rapid expansion of electronic transactions is a major opportunity for trade and development; companies can achieve new levels of international competitiveness and participate actively in the global information economy. The rate of Romanian e-commerce increased from year to year and thus in 2013 registered an absolute value of 600 million euro representing 2% of total retail. The value of transactions by card processed in the 3D Secure system by RomCard was of approximately 220 million euro in 2013 registering an increase of 73.23% of the total volume of transactions by means of a card processed in the 3D Secure system in the year 2013 compared to the year 2010. The increase registered in all segments of activity proves a more and more powerful and stable industry. Romania has a fantastic potential of growth of this sector, being on the list of priorities of the investors in the field.

Keywords: e-commerce; online transactions; online buyers; competitiveness (search for similar items in EconPapers)
JEL-codes: M21 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:158-162

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