Green light for the merger of Extreme Digital and eMAG
On 17 October 2019 the Hungarian Competition Authority (GVH) approved of the merger of Extreme Digital Zrt. and eMAG (the Hungarian affiliate of eMAG that forms part of the South African Naspers Group). With the merger one of the biggest online retailers of Central Europe was born. Extreme Digital founders Balázs Várkonyi and Gyula Kelemen will continue to fill leading positions in the new company. //
Related news
52% German online retailers are dissatisfied
A majority of German ecommerce businesses are not happy with…
Read more >The Hungarian High Court is re-examining Wizz Air’s commitments – the compensation obligation expired five years ago
The Hungarian Competition Authority (GVH) has launched a follow-up investigation…
Read more >Double-digit online growth in Romania continues
Online spending in Romania reached 11.7 billion euros last year…
Read more >Related news
Márton Nagy: Retail turnover growth is currently in the 4-5 percent range
This year is the year of economic breakthrough, with growth…
Read more >Food industry sales prices rose by 6.1 percent
In February 2025, industrial producer prices exceeded those of the…
Read more >Real wages are rising, confidence is growing, retail sales are increasing
The dynamic increase in wages continued in January, Sándor Czomba,…
Read more >