Regional giant to takeover Agito online retailer
15:58
Romanian eMAG will acquire Agito, one of the biggest online retailer in Poland.
“This expansion is part of our long term strategy to consolidate our position in the region. Presently, because of the three markets where we are already active in – Romania, Bulgaria and Hungary – we can access a base of 36 million clients. Now we are entering a huge country in the region, with 39 million inhabitants, an online retail market of €4 billion and a huge potential for growth,” eMAG vice-president and international development director, Sorin Ionescu said.
eMAG is the largest online retailer in Romania it is owned by Dante International and is controlled by Naspers (75 percent) and Iulian Stanciu (25 percent).
