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ALTEX

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Altex Wants To Hit The EUR300M Mark Again In 2015
Retail&Consumer

Altex Wants To Hit The EUR300M Mark Again In 2015

Dan Ostahie, owner of Altex group and one of the most powerful Romanian entrepreneurs, says the electro-IT retailer he started over two decades ago will, in 2015, post again EUR300 million i...

Catalina Apostoiu · 21.03.2014 · 00:00 · 2 min
Domo And Flanco Set The Stage For Deal To Bring Them Closer To Market Leader Altex
Retail&Consumer

Domo And Flanco Set The Stage For Deal To Bring Them Closer To Market Leader Altex

Computer and electronics retailers Domo and Flanco, the number two and three on the local market, are in talks to create a company with a more than EUR250 million revenue, close to the marke...

Loredana Frățilă-Cristescu · 18.03.2014 · 00:00 · 4 min
Unexpected Rebound In Consumer Spending In December
Macroeconomics

Unexpected Rebound In Consumer Spending In December

Retail sales, the best indicator of the trend of consumer spending, unexpectedly rebounded by 6.7% in December, the National Statistics Institute announced on Monday.

Loredana Frățilă-Cristescu · 04.02.2014 · 00:00 · 1 min
Romanian Brands Become Market Leaders In Less Than 20 Years
Companies

Romanian Brands Become Market Leaders In Less Than 20 Years

Romanian brands such as Mobexpert, Altex and AdePlast have managed to become no. 1 on their respective markets and boast turnovers of hundreds of millions of euros, although they were built...

Daniela Stoican · 13.12.2013 · 00:00 · 4 min
Ostahie: Altex Has Gone Hand In Hand With Economy
Retail&Consumer

Ostahie: Altex Has Gone Hand In Hand With Economy

Romanian electronics and IT retailer Altex has pursued the same trajectory as the Romanian economy in the company’s twenty-year existence. The largest electronics & IT retailer was affected...

Daniela Stoican · 10.12.2013 · 00:00 · 2 min
Black Friday’s First Figures: Sales Of EUR70M In Electronics & It Retail
Retail&Consumer

Black Friday’s First Figures: Sales Of EUR70M In Electronics & It Retail

Romanians shook off their shopping gloom for the Black Friday three-day weekend and bought products of around EUR70 millions of euros from traditional and online IT &C retail, up from last y...

Oana Gavrila · 25.11.2013 · 07:44 · 2 min
Ostahie: Altex Sales Will Rise Over 20% In 2012
Retail&Consumer

Ostahie: Altex Sales Will Rise Over 20% In 2012

Dan Ostahie, owner of electronics and household appliances retailer Altex, believes physical stores will remain the basic pillar of a business in the future, irrespective of how much online...

Oana Gavrila · 30.11.2012 · 10:02 · 3 min
Black Friday Sales Reach EUR15M For Altex, EUR12.1M For Flanco
Retail&Consumer

Black Friday Sales Reach EUR15M For Altex, EUR12.1M For Flanco

Romanian electronics retailers Altex and Flanco on Monday said they sold products of EUR15 million and EUR12.1 million, respectively, during their three-day Black Friday sales campaign.

Ecaterina Craciun · 26.11.2012 · 10:51 · 1 min
Altex Sees Sales Up At EUR200M In 2011
Retail&Consumer

Altex Sees Sales Up At EUR200M In 2011

Romanian electronics retailer Altex expects sales to top EUR200 million this year, compared to EUR195 million in 2010, Thursday said Dan Ostahie, the company’s general manager and owner.

Andrei Cîrchelan · 08.12.2011 · 13:58 · 1 min