evoMag
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Online Retailer evoMAG Expects Sales to Companies and Public Institutions to Rise 20% in 2024
Online retailer evoMAG estimates a 20% increase in sales to companies and public institutions for 2024, with this segment set to generate a quarter of overall sales at end-2024.
Online Retailer evoMAG Budgets EUR0.5M Investment, Up To 20% Turnover Growth for 2024
Online retailer evoMAG, controlled by entrepreneur Mihai Patrascu, has budgeted investments worth around EUR0.5 million for the current year, flat from 2023, with a focus on boosting logisti...
evoMAG No Longer Buying Elefant Online
Online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange, notified its shareholders on Monday evening that it dropped plans to sell 68.4% to Evolution Prest Systems SR...
evoMAG: Electric Scooter Sales Up Nearly 10% Over Last Year; Romanians Buy Some 50,000 New Units/Year
Sales of electric scooters have grown almost 10% over the past year, with Romanians buying some 50,000 new units annually, as per data from online retailer evoMAG.
Elefant.ro Unveils New Shareholding Structure After Being Acquired By evoMAG
Online retailer Elefant.ro on Friday (May 12) announced its new shareholding after evoMAG, with the help of Catalyst Romania Fund II, became the majority shareholder of Elefant Online, after...
evoMAG’s CEO Mihai Patrascu Buys Into Elefant
Elefant Online, one of the largest online retailers in Romania and owner of elefant.ro, on Thursday evening announced on the Bucharest Stock Exchange, where it has a bond issue listed, that...
Online Retailer evoMAG Earmarks EUR500,000 Investments for 2023
Online retailer evoMAG, controlled by entrepreneur Mihai Patrascu, has budgeted EUR500,000 in 2023, more than double the 2022 level.
RTPR Advised Catalyst Romania On Acquisition Of Minority Stake In Evolution Prest Systems
Law firm RTPR has assisted Catalyst Romania Fund II in relation to the acquisition of a minority stake in Evolution Prest Systems S.R.L., the company that owns the e-commerce website www.evo...
evoMAG Raises EUR2M Funding From Investment Fund Catalyst Romania
Online retailer evoMAG, held by entrepreneur Mihai Patrascu, has attracted an investment of EUR2 million from Catalyst Romania, one of the most important technology-focused venture capital f...