Raul Filip, Altex deputy CEO, says there’s still room for growth in Romania, so that the company wants to cement its footprint here for the time being before going abroad.
Altex has an EUR20-30 million investment budget each year and a major part of this sum goes toward expansion.
“We will bank in 2025 as well on the same strategy. We are continuing to expand and expect rising sales”.
Raul Filip adds the retailer will end 2024 with an over 10% turnover increase, up from the 7.7% advance in 2023.
(English version by Catalina Apostoiu)