Of the total amount, EBRD funding covers EUR16 million.

Raiffeisen Bank and EBRD are the lead arrangers and Alpha Bank is the main lead arranger.

The loan is part of a wider EUR73.4 million package aimed at financing the retailer’s second logistical park.

eMAG has committed to abide by BREEAM Excellent green building certification standards.

Founded in 2000, eMAG is now Romania’s biggest online retailer and has extended operations to neighboring Bulgaria and Hungary.