Sales of the online shop evomag reached 50 million euro in 2024 and for 2025 the company estimates a plus of 20% of the business. The online shop announces investments of 500,000 euro to make operations more efficient, to extend to international marketplaces and to develop services. "evomag is maintaining the pace of investment and is announcing investments of 500,000 euros this year as part of its development strategy. The funds will be directed towards expanding its presence on international marketplaces, automating logistical processes, developing existing services and introducing a new service targeting mobile phone repairs," the company announces. evomag will place particular emphasis this year on the development of the corporate segment, strengthening the department dedicated to sales to companies and public institutions. "2025 is the year of rationalisation for evomag. We are focusing on optimising logistics operations by automating warehouse processes and increasing storage capacity. These measures will enable us to significantly improve the speed and reliability of deliveries, thereby strengthening the trust of our customers. At the same time, our international expansion through marketplaces offers us opportunities for growth in new markets", says Mihai Patrascu, CEO of evomag. In addition, the company will continue to develop its value-added services area, such as air-conditioning fitting, household appliances, TVs, computer assembly and maintenance, and GSM services, including mobile phone repairs. A strategic objective for 2025 is drawing financial partners who will support the plans for expansion and to contribute to reaching the turnover of 100 million euro in the years to come. For evomag, 2024 meant an increase in turnover of around 20% compared to 2023, to around €50 million, supported by high demand for products in the core categories. In addition, services offered by the company, such as air conditioning fitting, computer assembly and mobile phone repairs, doubled in volume and value. For 2025, evomag estimates a plus of 20% of the business, an acceleration of the increase of online trade, with a general advance of the market of approximately 10-15% while the offline retail will record a more modest increase. evomag is one of the biggest companies in the electronic commerce industry in Romania. The online shop sells tens of thousands of products in the fields of IT&C, home appliances, sports&fitness( including scooters and accessories for scooters) and home and garden, and five years ago it opened its first service for electric scooters, becoming the first online store in Romania to offer such a service.
The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]
Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
