In 2021, evoMag turnover followed an upward trend, but not as steep as in 2022, when the e-commerce market boomed amid the pandemic.
“2020, when we posted a 46% annual increase, the highest of recent years, was different from all points of view. Since the pandemic onset, in the past two years, we’ve had a 25% average increase per annum. By comparison, 2021 was a year with a lot of investments and challenged,” Mihai Patrascu, evoMAG CEO, told ZF.
For 2022, the online retailer plans to continue implementing its action plan along the strategic lines envisaging boosting the number of products available in its portfolio and selling them on several sales channels, as well as bolstering logistic efficiency.
The company has earmarked around EUR200,000 for investments, a sum to be covered from funding via classical methods. However, the retailer also weighs an investment budget for an action plan together with a partners.
As regards headcount, evoMAG wants to add at least 15 persons to its team by yearend, thus reaching over 100 employees.
(English version by Catalina Apostoiu)