EMAG
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eMag Head: We Can Afford The Luxury To Think Long-Term
Romania’s largest online retailer eMag can afford the “luxury” of thinking long-term and preparing its moves more carefully, after the deal closed this summer, chief executive Iulian Stanciu...
Naspers Buys 70% In Online Retailer eMag
South African multinational media group Naspers bought 70% in eMag, the largest online retailer in Romania, which registered about EUR150 million in sales last year.
Epilogue To A Failed Transaction: eMag’s Takeover By Investment Fund BAF
After having signed an agreement for a potential deal with eMag in 2008, investment fund Balkan Accession Fund (BAF) found out in April 2009 it had all been for nothing, as it the retailer h...
Iulian Stanciu And Sebastian Ghita Buy Another 30% Of eMag
Bogdan Vlad and Dan Teodosescu, two of the founders of eMag, the largest online retailer in Romania, sold all of their remaining shares, about 30%, to the majority shareholder, Asesoft Distr...
Romania’s First Black Friday Brings Over EUR15M In Sales
Romanian electronics and home appliances retailers sold more than EUR15 million worth of TV sets, cameras and laptops on Romania’s first Black Friday.
Romanian IT&C Companies Need To Start Expansion Abroad
The participants to the second day of the ZF Digital ‘11 forum agreed that the new challenge for the development of Romanian IT&C companies is expansion on international markets. eMag announ...
Online Retailer eMag 1H Sales Rise 52% To EUR62M
Romanian IT&C online retailer eMag Thursday reported a 52% increase in its first-half sales to EUR62 million, helped by new portfolio additions and an overall growth in the local online mark...
eMag Starts Selling DIY Products
eMag, the largest IT&C online retailer domestically, with EUR102 million in turnover in 2010, on Wednesday also introduced DIY items, such as power drills, trimmers and planers in its produc...
iStyle, eMag Have Sold Hundreds Of Ipad 2 Since Friday
The official Romanian launch of Apple’s iPad 2 tablet, which occurred Friday, June 24, in tens of Romanian stores, has gone unnoticed, considering that the gadget has already been available...