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.
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
