eMAG Borrows almost EUR70M from Alpha Bank to Build 100,000-Sqm Logistic Hub in Hungary

02.01.2023 By Cristina Bellu

eMAG, the biggest online retailer in Romania, has got long-term funding worth almost EUR70 million from Alpha Bank, which will support the construction of a state-of-the-art logistic center near Budapest, Hungary, with a capacity of as much as 120,000 square meters, an over EUR100 million investment.

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