“Summing up last year, I’d say it was a challenging year. But we got through it,” says Dan Ostahie, founder and owner of Altex.
He is one of the most powerful local entrepreneurs, owning several Romanian businesses. The most important by size is Altex, ranking second among Romanian entrepreneurial businesses after DIY retailer Dedeman.
In the case of Altex, it was not just turnover that hit a new record high last year, but also net profit, which neared RON130 million, from RON123 million in 2020 and RON75 million in 2019.
As regards the store network, it currently comprises around 125 units nationwide.
(English version by Catalina Apostoiu)