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Features of E-Commerce in Romania

Author

Listed:
  • 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)

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.

Suggested Citation

  • Constandache Mihaela & Nenciu Daniela Simona & Stanciu Anca - Cristina, 2014. "Features of E-Commerce in Romania," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 158-162, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:158-162
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/ANALE%20vol%2014%20issue_2_2014.pdf
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    More about this item

    Keywords

    e-commerce; online transactions; online buyers; competitiveness;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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