Industry | 20 May, 2026 at 11:41 AM
eMAG plans €300 million investment and AI expansion
eMAG Group announces investments of €300 million for the next fiscal year and accelerates online commerce development through AI.
eMAG Group announces investments of €300 million for the next fiscal year and accelerates online commerce development through AI.
eMag Group has appointed Andreea Mihnea as Vice President of People, tasked with coordinating HR processes and operations across the group.
The Austrian Post Group has acquired 100% of Hungarian parcel service provider Delivery Solutions Zrt., operating under the brand Sameday Hungary.
Romanian e-commerce giant eMAG is gearing up for its 15th annual Black Friday event on November 7, which the company expects to set new records for the online commerce industry.
2Performant Network has announced the termination of its agreement to acquire the Profitshare business from Conversion Marketing and Dante International (eMAG).
eMAG Group announced a consolidated turnover of RON 11.2 billion (€2.24 billion) for the fiscal year ending March 2025, marking a 12% increase from the previous year.
Iulian Stanciu, the Executive President of eMag, the biggest e-commerce player in Romania, said that Europe has become the target of Chinese exports.
AI-powered solutions transform the shopping experience and integrate changing consumer needs,
Currently, more than 2.5 million customers can access the flexible financing options available in My Wallet.
Tazz operates in over 35 cities and has become one of the most important platforms, offering a strong selection of restaurants, supermarkets, retailers, and local merchants.
During the shopping event with the biggest discounts of the year, 38% of customers who ordered on Black Friday had a Genius subscription with free shipping and exclusive offers.
Customers who make a Genius annual subscription of RON 69 receive 6 eMag vouchers x RON 25 and a surprise voucher in Fashion Days.
he acquisition is expected to close in the next few months, subject to customary closing conditions and regulatory approvals.
The event is part of a series of workshops aimed at encouraging the development of Romanian businesses towards the digital economy and through e-commerce.
Romanian wholesale trade turnover (excluding motor vehicles and motorcycles) increased by 2.3% in the first three months of 2026 compared to the same period last year, according to data published by the National Institute of Statistics (INS).
The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).
Monza Ares Group, one of Romania's largest private networks focused on cardiology and complex surgery, and Brain Institute, the country's leading private neurosurgery centre, have merged to create one of Romania's largest private medical service platforms.
Romanian energy group Electrica recorded a 58.2% surge in net profit for Q1 2026, driven by a transition back to competitive market mechanisms following the removal of price capping schemes.
Enexus has signed an EPC contract to develop a 75 MWp photovoltaic power plant in Alba Iulia with Compeador Construct, a subsidiary of Astor RO Energy, the Romanian investment vehicle of Turkish group Astor Enerji.