Speaking at a conference, Stanciu said eMag.ro and Flanco reported sales of EUR27 million in 2012, which accounted for 39.5% of overall sales registered on the local computer and electronics market during the Black Friday sales campaign.
Stanciu said this year’s sales are expected to reach RON183 million, of which eMag.ro will contribute RON98 million.
According to Stanciu, eMag.ro registered 2.65 million unique visitors on the first day of the Black Friday sales campaign and Flanco registered over 400,000 visitors.
“Figures show the growth of the local computer and electronics market in 2012 was nearly 80% backed by the Black Friday camping. The market rose by EUR54 million to EUR1.25 billion on the year in 2012,” Stanciu added.
Flanco Retail, which currently has 80 stores, operates the business of former Flanco International. The retailer is owned by The Retail Network SRL, which in turn is 100% held by Iulian Stanciu.
eMag.ro ro is one of the largest online stores in Romania, launched in 2001 as an online vendor of computers and office supplies. The online store is owned by Dante International, which is 70% owned by Naspers, 21.6% held by Iulian Stanciu and 8.4% owned by Radu Apostolescu.