The online retailer eMag recorded until 13:00 sales of 15,4 million euro in Bulgaria and Hungary on the occasion of Black Friday, the double of the same period last year, announced on Friday the company. Similarly, in onlythree hours since the beginning of the campaign in Bulgaria, eMag surpassed the volume of sales against last year during the whole event, considers Radu Ilinof, country manager eMag Bulgaria. Until 13:00, eMag recorded on the site and mobile apps a peak of 130,000 clients simultaneously, 40% of the visits being made from mobile phones. Since the start of Black Friday Bulgaria at 07:28 to 13:00 were ordered 120,000 products. The total value of the sales is 8.4 million euro, the double of the recorded in 2014, up to 13:00 as well. In the first four minutes, the Bulgarians had 45 orders per second, the most popular products being appliances (12,000 products), TVsets (7,200), mobile phones (5,500), personal care products (6,000). For the first time on the market in Bulgaria, eMag offered to the clients vehicles, with five orders confirmed until 13:00, the most expensive being Peugeot 2008 of approximately 16,500 euro, reduced from almost 21,100 euro. On the Hungarian market, eMag had as a peak 15,000 clients simultaneously, according to Andrei Sercanean, country manager eMag Hungary. Since the start of Black Friday Hungary at 7:52 until 13:00 there were orders for 111,000 products. The total value of the sales recorded is of seven million euro, the double against the recorded in 2014, up to that hour. Most popular products in Hungary were TVsets (4,000 pieces), mobile phones (5,000) tablets (4,000), perfumes (3,000)brushes and hair dryers (2,500). The most expensive products bought until now was a Citroen C4 Cactus PT 82 Shine (11,800 euro). In Romania, up to this hour, eMag had sold 300,000 products, among the products with a total value of 147 million lei (33.1 million euro) with 22 cars and an Armatrac 854 tractor, of 99,000 lei, reduced from 184,800 lei.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
