For 2024, evoMAG expects the growth pace to maintain, with the company mentioning it will direct a significant part of investments to boosting the international segment as part of its external growth strategy.
“In the second half of the year we will also enter Greece and consider other international market to identify those with the highest demand for our products. (…) Moreover, we aim to also expand to Germany, Poland and France via various sales channels in the next 1-2 years,” said Mihai Patrascu, evoMAG CEO.
At present, evoMAG sells products in Hungary and Germany, both via marketplace and other sales channels and plans to expand its international footprint in the coming months.
In early 2024, the company’s representatives stated they budgeted investments of around EUR0.5 million for the current year, flat from 2023.
(English version by Catalina Apostoiu)