Romanian retailer Evomag.ro targets revenues of EUR 50 mln in three years

05 May 2014

Romanian online retailer Evomag.ro wants to reach revenues of EUR 50 million in three years, compared to EUR 15 million recorded last year, according to Mihai Patrascu, the company’s owner and general manager, quoted by Ziarul Financiar.

“We had sales of EUR 15 million last year, and for this year we have budgeted around EUR 20 million,” said Patrascu.

Amidst strong competition on the market, the company also entered other segments, such as watches and toys, to support business growth, according to Evomag’s owner.

Irina Popescu, irina.popescu@romania-insider.com

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Romanian retailer Evomag.ro targets revenues of EUR 50 mln in three years

05 May 2014

Romanian online retailer Evomag.ro wants to reach revenues of EUR 50 million in three years, compared to EUR 15 million recorded last year, according to Mihai Patrascu, the company’s owner and general manager, quoted by Ziarul Financiar.

“We had sales of EUR 15 million last year, and for this year we have budgeted around EUR 20 million,” said Patrascu.

Amidst strong competition on the market, the company also entered other segments, such as watches and toys, to support business growth, according to Evomag’s owner.

Irina Popescu, irina.popescu@romania-insider.com

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