eMAG sees business in Romania increase by 11% to RON 5.979 billion in 2023

by   CIJ News iDesk V
2024-06-13   09:40
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In 2023, eMAG Romania had a turnover of almost RON 6 billion with an increase of 11 percent. Dante International, the company that aggregates the business for several companies in the group, namely Romania, Bulgaria, part of sales from Hungary and Fashion Days Romania, also increased by 8.3 percent, to RON 7.8 billion.

The net result at the group level was a negative one, based on the investments made by the company, according to Tudor Manea, CEO of the eMAG group. "The net profit, at the group level, was negative due to the investments we made. The operating profit, if we leave aside the area of depreciation, amortization, those EBITDA that are being discussed, that was positive, of several hundred million RON".

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