eMAG head calls unfair practices of Chinese e-commerce players

Business Forum
Iulian Stanciu, the Executive President of eMag, the biggest e-commerce player in Romania, said that Europe has become the target of Chinese exports after the new wave of tariffs announced by the US government on April 2.

Stanciu called for an equal playing field for all retail players operating in Europe, no matter their country of origin, referring especially to Turkish and Chinese e-commerce companies.

"These e-commerce companies evade at least €1 million daily in customs duties alone. Their unfair practices include setting misleading prices, offering false promotions, market manipulation, and data exploitation without adhering to quality standards and product safety regulations," stated Stanciu, according to Agerpres newswire.

The remarks were made during a conference of the Competition Council.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
BCG: Romanian consumers grow more pessimistic amid economic fears
Economy

BCG: Romanian consumers grow more pessimistic amid economic fears

Romanian consumers are becoming increasingly pessimistic about the country's economic and political outlook while continuing to prioritise spending and aggressively seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG).

Finance

TechAngels names new President

The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.

Industry

Iulian Stanciu sells eMAG stake to Prosus

Romanian entrepreneur Iulian Stanciu has announced the sale of his stake in eMAG Group to Prosus, 17 years after taking over the company and 14 years after signing the partnership with Naspers (Prosus).

Economy

Romania's economic growth estimate cut to 0.1% in 2026

Romania's National Commission for Strategy and Prognosis (CNSP) has cut its 2026 economic growth forecast by 0.9 percentage points to just 0.1%, down from the previous 1% projection, citing current macroeconomic conditions.

READ MORE
Business Forum  |  11 June, 2026 at 4:00 PM
Business Forum  |  11 June, 2026 at 3:05 PM