The new unit covers 1,200 square meters.

Altex had 3,546 employees at the end of 2019, according to finance ministry data.

The company operates over 120 stores in Romania, under the brands Altex and Media Galaxy, as well as two online stores, one for each brand.

The retailer had a turnover of RON4 billion in 2019, up nearly 15% on the year, and a net profit of over RON75 million, up 19% on the year.

Altex plans to invest over RON27 million in 2020 in network expansion and modernization infrastructure and technology.

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