Mihai Pătrașcu

Mihai Pătrașcu is a prominent Romanian entrepreneur and the Chief Executive Officer (CEO) of evoMAG.ro, a leading online retailer in Romania.12 He is known for his expertise in the e-commerce sector and has played a significant role in shaping the digital commerce landscape in the country.

Professional Background

Pătrașcu's educational background includes:

• Graduation from the Faculty of Electronics and Telecommunications at a Romanian university3
• Studies at the Maastricht School of Management Romania1

Prior to his current role, Pătrașcu gained experience working at WatchShop.Ro, which likely contributed to his expertise in online retail.2

Leadership at evoMAG.ro

As the CEO of evoMAG.ro, Mihai Pătrașcu has been instrumental in the company's growth and development. Under his leadership, evoMAG has implemented several strategic initiatives:

• Listing products on multiple marketplaces to expand reach
• Focusing on improving service quality and delivery efficiency5
• Adapting to changing consumer preferences, such as the increasing demand for installment payment options7

Recent Developments

Pătrașcu's business acumen has led to significant developments for evoMAG:

• In August 2022, evoMAG secured a €2 million investment from Catalyst România, demonstrating investor confidence in the company's potential6
• The company has observed an increase in the average order value, indicating successful growth strategies7
• In 2023, evoMAG considered acquiring a majority stake in Elefant.ro, another Romanian online retailer, although this acquisition did not ultimately proceed8

Mihai Pătrașcu is well-connected in the business world, with over 500 LinkedIn connections.1 His leadership and entrepreneurial skills have established him as one of Romania's most renowned entrepreneurs in the digital commerce space.34