12.19.2024

D&B David si Baias, PwC's correspondent law firm in Romania, has assisted the Altex group, owned by Romanian entrepreneur Dan Ostahie, in its acquisition of the Brico Dépôt DIY store chain in more

12.17.2024

Altex, Romania’s largest electro-IT retailer, aims to invest EUR200 million in expansion in the next 3-5 years, says Dan Ostahie, the company’s founder. more

10.25.2024

Altex, Romania’s largest electro-IT retailer, has opened eight stores this year and continues local expansion. The company now has 135 stores in Romania’s main cities. more

09.09.2024

Altex, Romania’s largest electro-IT retailer, registered 6% higher turnover in the first half of this year and expects to keep the pace until yearend. more

07.11.2024

Computer and electronics retailer Altex and furniture manufacturer and retailer Mobexpert are teaming up for a EUR16 million to EUR17 million project to be developed in the Pallady area in the east of more

07.11.2024

Computer and electronics retailer Altex, held by entrepreneur Dan Ostahie, and furniture retailer Mobexpert, held by Dan Sucu, will be jointly launching a new store concept, along with the more

03.27.2024

Cometex, the real estate division of Altex Group, the leader of the Romanian electro-IT market and one of the three leading Romanian entrepreneurial companies, will be opening on March 28, in more

11.30.2023

Cometex, the real estate division of Altex Group, the leader of the Romanian electro-IT market and one of the three leading Romanian entrepreneurial companies, will be opening the Cometex Retail Park more

10.31.2023

Computer and electronics retailer Altex, held by entrepreneur Dan Ostahie, budgeted more than EUR1.4 billion (RON7 billion) sales for this year, an increase of 7% to 10% on the sales of 2022. more

08.24.2023

Credex IFN, a non-banking financial institution (NBFI) of the Altex Group, the leading computer and electronics retailer in Romania, has secured a license to operate as a payment institution from more

07.12.2023

Romanian electro-IT retailer Altex, the leader of the profile market, recorded a turnover of RON6.52 billion in 2022, up 11% on the year, which is the best result ever achieved by the company that more

05.08.2023

Computer and electronics retailer Altex, the leader of the local market, has budgeted EUR30 million investments for this year, which will go mostly to buying land and building stores. The amount does more

04.27.2023

Computer and electronics retailer Altex Romania has taken over EUR4.6 million debt of Vivre Deco together with all the guarantees from Banca Transilvania and therefore became a guaranteed creditor in more

04.11.2023

Altex, the leader of the Romanian electro-IT market and one of the three leading Romanian entrepreneurial companies, announces a capital increase of over RON125 million for Cometex, the real estate more

07.15.2022

Romanian electro-IT retailer Altex forecasts a nearly 10% increase in its 2022 turnover, which translates into a slower rate than in the recent period due to the rampant inflation that has already more

05.11.2022

Electro-IT retailer Altex saw its turnover near RON6 billion last year, after a 16% advance from 2020. The business grew fivefold in a decade. more

01.28.2022

Altex, leader of Romania’s electro-IT market, a business controlled by businessman Dan Ostahie, is readying to take its first steps outside Romania. more

11.30.2021

Dan Ostahie, founder of computer and electronics retailer Altex, says the company will function on two budgets next year, one built on flat turnover, the second on 15% growth. more

11.16.2021

Computer and electronics retailer Altex plans to expand its logistics area by at least two regional centers, in Moldavia and Banat. more

10.27.2021

Computer and electronics retailer Altex will end 2021 with higher growth in sales than 24% of last year. more

09.29.2021

Retailer Altex, Romania's leading electronics retailer held by businessman Dan Ostahie, will be opening an electro-IT hypermarket on Thursday, in capital Bucharest, following an investment of over more

07.15.2021

Altex, Romania's leading electronics retailer, has entered the travel services market after concluding a partnership with Karpaten Turism, one of the largest travel businesses in Romania, whereby more

05.27.2021

Altex, Romania's leading electronics retailer, ended 2020 with a turnover of over RON5 billion (over EUR1 billion) after a 24% increase which was twice as fast as the growth of the entire profile more

05.05.2021

Altex, Romania's leading electronics retailer, said Wednesday it has invested over EUR1 million in remodeling and upgrading two stores, in line with its expansion and modernization plan that targets more

04.21.2021

Romania's leading electronics retailer Altex continues expansion and opens a new store in Husi, Vaslui county, eastern Romania, on Thursday, following an investment of EUR3 million. more