04.28.2014

Romania’s largest online computer and electronics retailer eMAG targets at least 40% higher revenue this year, at EUR262 million, said Iulian Stanciu, the company’s general manager. more

01.21.2014

Dragos Sirbu will take over as Chief Executive Officer of Romanian electronics retailer Flanco Retail, starting February 2014. more

01.07.2014

Romania’s economy will most likely stagnate this year, but the online electro-IT market is poised for a significant growth, of more than 20%, according to Iulian Stanciu, general manager of eMag, more

12.02.2013

Romania’s largest online computer and electronics retailer eMag registered sales of EUR3.5 million during its first Black Friday sales campaign in Bulgaria, held on November 29, general manager more

11.26.2013

Romanian online computer and electronics retailers eMag.ro, cel.ro, PC Garage group, f64.ro and evomag.ro saw more than EUR31 million sales at this year’s Black Friday, higher than last year, more

11.25.2013

Online retailer eMag.ro registered sales of EUR23 million during its early Black Friday discount sales campaign, Dante International, owner of eMag, said Monday. more

11.25.2013

Romanians shook off their shopping gloom for the Black Friday three-day weekend and bought products of around EUR70 millions of euros from traditional and online IT &C retail, up from last year. more

11.22.2013

Romanian online retailer eMAG sold two Ford Focus, a Ford Kuga and a Dacia Logan in the first minutes of its early Black Friday discount sales campaign. more

11.22.2013

eMag, the largest IT&C retailer in Romania, which last year generated sales of EUR165 million, will be the command center of South African Naspers group’s expansion to other European markets on the more

11.19.2013

Online retailer eMag, the biggest online retailer of IT&C products on the Romanian market, has reached a 50% market share in neighboring Bulgaria on year after launch and expects to become market more

11.14.2013

Romanian electronics retailer Flanco and online computer and electronics retailer eMag.ro estimate sales of EUR41 million during the upcoming Black Friday sales campaign, Iulian Stanciu, general more

09.10.2013

After buying a 70% stake in Romania’s largest online computer and electronics retailer eMag last year, South Africa’s Naspers group imposed strict conditions for the sale of the remaining shares more

08.21.2013

Romania’s largest online computer and electronics retailer eMag has opened a computer programming hub in Craiova (southern Romania), for which it has already recruited seven people. more

08.14.2013

Romania’s largest online computer and electronics retailer eMag, controlled by South Africa’s Naspers, is looking for people to supervise its business in Hungary. The company started operations in more

06.26.2013

E-commerce accounted for only 2% of the overall Romanian retail market in 2012 compared with 6% in the Czech Republic and 4% in Poland. However, this shows a significant potential for growth, more

05.22.2013

Sales of Romanian online store eMAG.ro rose 13.8% last year to EUR165 million, Iulian Stanciu, general manager of site administrator Dante International, said Wednesday. more

11.28.2012

South-African internet giant Naspers paid around $80 million in October for a 70% stake in Romania's largest online retailer eMag. more

11.26.2012

eMag, the largest online IT&C retailer, recorded sales of over EUR15 million, similar to those of Altex--the largest electronics, home appliances and IT products retailer on the Romanian market--in more

11.16.2012

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 more

07.30.2012

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. more

02.29.2012

Romanian online store eMAG.ro Wednesday said its sales rose 42% on the year to EUR145 million in 2011, but the result was below forecasts of EUR150 million. more

01.19.2012

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 had been more

01.17.2012

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 Distribution, more

12.09.2011

Romanian online store eMAG.ro will start selling mandatory car insurance policies (RCA), following a partnership with insurance broker Netrisk, and wants to reach a 3-5% market share, the site’s more

11.28.2011

Romanian electronics and home appliances retailers sold more than EUR15 million worth of TV sets, cameras and laptops on Romania’s first Black Friday. more