Dan Ostahie
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Dan Ostahie Takes Over Brico Dépôt DIY Stores from Kingfisher for EUR70M
Dan Ostahie, one of the most powerful local entrepreneurs, Altex founder, has acquired the local operations of DIY retailer Brico Dépôt from Britain’s Kingfisher for EUR70 million (enterprise value, meaning including debts. Bricostore Romania has total debts o...
BNR Okays Porsche Bank Acquisition by Altex Owner Dan Ostahie
Romania’s central bank (BNR) has approved the direct acquisition by Dan Ostahie (90.10%), Altex owner, and Real Estate Srl (9.89) of the 100% stake in the share capital and voting rights of...
Dan Ostahie Set To Acquire Porsche Bank
Romania’s Competition Council is looking into a transaction whereby Dan Ostahie is acquiring Porsche Bank Romania S.A.
Altex Hits EUR350M Sales Target One Year Earlier Than Expected
Altex, the leading local computer and electronics retailer, ended last year with about EUR350 million in revenue, returning to the 2008 figure in euros. If calculated in lei, the sales reach...
Dan Ostahie Sells Aurora Mall In Buzau And Shopping Gallery In Alba To NEPI
The deal was carried out through NEPI’s taking over and paying a EUR22 million loan to Austria’s Volksbank.
Altex, Above-Market Growth So Far In 2014
Altex, Romania’s strongest retailer of electrical home appliances, electronics and IT equipment, in the first months of this year saw sales rise by 18%, Dan Ostahie, owner of the group and o...
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...