eMAG Romania invests EUR 180 mln and expects 15% higher turnover this year
<p>Romanian online retail group eMAG (Dante International) completed in March the RON 3.2 billion (EUR 640 million) three-year investment plan initiated in 2021 and intends to invest another RON 900 million (EUR 180 million), expecting to result in 15% higher turnover in the next financial year that begun in April, according to company’s representatives quoted by <a href="https://www.profit.ro/stiri/manea-emag-vom-investi-900-milioane-de-lei-afacerile-vor-creste-cu-pana-la-15-negociem-preluarea-unor-companii-cumparam-curierul-sprinter-din-ungaria-21624371" rel="noopener" target="_blank">Profit.ro</a>.</p>

<p>The number of orders placed by the group’s customers increased 2.6 times after the three-year investment plan, the company announced.</p>

<p>Dante International, the company that includes eMAG Romania (the operator of eMAG.ro and eMAG.hu), Fashion Days Romania and makes sales for eMAG Bulgaria and eMAG Hungary, recorded a turnover of RON 7.8 billion (EUR 1.56 billion) in the financial year 2023 that ended in March, an increase of 8.3% compared to 2022.</p>

<p>During the last three years, the number of active sellers on the eMAG marketplace has doubled, reaching 56,000.</p>

<p>Also, the number of Romanian traders who export through the eMAG marketplace in Hungary and Bulgaria has doubled to over 12,000 in the last year.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com/" rel="noopener" target="_blank">Lenutaidi/Dreamstime.com</a>)</em></p>