Supply chain management

Acting Minister of Transport, Georgi Gvozdeikov, has taken the unprecedented step of canceling the tender for the supply of 35 single-deck motor trains, valued at a staggering BGN 1.1 billion, under the ambit of the Recovery Plan. This pivotal decision was officially announced by the Ministry of Transport, marking a significant departure from the initial procurement process.

Two out of three internet users in Greece made online purchases in 2023, with the penetration rate of e-commerce remaining steadily at high levels despite the full reopening of physical stores.

As Golden Cargo SA carries out its plans for Posidonia 2024, the company looks forward to engaging with industry peers, showcasing its innovative solutions, and charting new horizons in the world of maritime logistics.

Both online orders and sales at stores during the week when the Valentine's Day is celebrated, are expected to increase strongly, according to the representatives from the retail industry.

Antalya, Türkiye's famous holiday destination, led the increase in hotel prices last year, according to the data from the Hotel Association of Türkiye (TÜROB).

The average daily rate (ADR) was 172.1 euros in 2023 at Antalya's hotels, up 19.35 percent from the previous year. Revenue per available room (RevPAR) rose 8 percent to 96.8 euros.

The new version has been designed specifically for indoor commercial use in distribution, logistics and warehouse settings, to benefit workers who might notch up 30,000 steps in a day

The Council of Ministers, in its recent session, sanctioned supplementary spending on the 2023 Ministry of Defence budget, as reported by the Government Information Centre.

An additional BGN 10,088,800 has been greenlit for the procurement of ammunition and fuel, exclusively designated for combat training purposes.

More than 50% of internet users make online purchases, more than double the percentage of 10 years ago, pointing to the incredible momentum of e-commerce.

Online sales volume is expected to reach a whopping 400 billion Turkish Liras ($14 billion) in November due to discount campaigns and special occasions, according to Hakan Çevikoğlu, the president of the Association of E-Commerce Operators (ETİD).

Companies selling products online single out the commission fees marketplaces charge as the biggest problem they face, a study has found.

Shipping costs, excessive competition and logistics-related problems are other main issues companies complain about, according to a survey the Istanbul Chamber of Commerce (İTO) commissioned.