eMAG Hungary Merges with Extreme Digital, Targets EUR1B Sales in Six Years

eMAG Hungary Merges with Extreme Digital, Targets EUR1B Sales in Six Years

03.21.2019

Online retailer eMAG Hungary announced Thursday it was merging with Extreme Digital, which expands eMAG's business to five more countries: Czech Republic, Slovakia, Slovenia, Croatia and Austria.

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Romanian Government Softens Bank Tax, Disconnects It from Money Market Rates Romanian Government Softens Bank Tax, Disconnects It from Money Market Rates

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Analysis

Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term

The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.