ZF English

eMag targets 59m-euro sales in H2

27.07.2010, 23:07 8

eMag, the biggest IT&C retailer on the Romanian market,generated 41m-euro turnover in the first six months of the year, up64% from a year ago, in the context where the online retail marketrose by 30%, in line with the company's estimates. eMag's generalmanager Iulian Stanciu maintains the increase mainly came amidshowroom network expansion and in the wake of the introduction ofservices such as free delivery to clients' homes and thepossibility of returning products within 30 days after purchase. Atpresent, the company has five showrooms in Romania, namely inBucharest, Cluj, Timişoara, Ploieşti and Iaşi. "The H1 trend is inline with our original projections, being boosted by the launch ofservices, the opening of showrooms in the main Romanian cities andthe constant diversification of our product offer," stated Stanciu,34, who joined the company in early 2010. eMag's takeover byAsesoft Distribution balanced it and allowed it to grow this year.The company projects 100m-euro turnover for this year, after thefigure hit 64m euros in 2009.

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