The wholesale trade turnover in Romania grew by 3.4% in the first nine months of 2015 compared to the same period in 2014, according to data from the National Statistics Institute (INS).

The increase was mainly supported by the wholesale trade with IT and telecom equipment, which went up by 15.7%, unspecialized wholesale trade – up by 12.4%, and wholesale trade with agricultural products and livestock – up by 12%. The wholesale trade with food, beverages and tobacco also went up by 5.8%.

On the other hand, the wholesale trade with other machinery, equipment, and furniture went down by 6.6% in the first 11 months of last year compared to the same period of 2014.

Over 51,600 companies and about 308,000 employees operate in the local wholesale trade. These companies generate an annual turnover of almost EUR 53 billion, which stands for about a fifth of the total turnover in Romania’s economy.

editor@romania-insider.com