The new unit has an area of 1,000 square meters and is the retailer’s 126th store.

The company launched in July a campaign to recruit over 1,000 people throughout the country to support its network expansion and modernization.

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

The company operates 126 stores 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 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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