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Alpha Bank extends a long-term financing of nearly EUR 70 M to eMAG

Alpha Bank has granted nearly EUR 70 million financing to eMAG, in support of the construction of the state-of-the art, up to 120,000 sqm capacity eMAG Logistics Center near Budapest, Hungary, representing a total investment of more than EUR 100 million. In the first phase of the project, covering the bridge financing, EUR 30 million were disbursed in December 2022.   This development marks the first large-scale ...

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