eMAG Hungary and Extreme Digital, the two Hungarian online marketers, completed the merger. Following the merger, eMAG Romania became the majority shareholder of the new entity, with 52% of the shares, the remaining 48% returning to Extreme Digital shareholders. “This partnership is a recognition of the scalability and quality of eMAG technologies that have been developed over the past ten years. We are confident that eMAG’s development in the region will intensify as a result of this merger, creating the premises for expansion in countries where Extreme Digital is already active,” said Iulian Stanciu, eMAG CEO.