08.28.2017

The leading five local PC vendors posted 328.8 million lei (EUR73.2 million) revenue together last year, up 48.7% on 2015, because of the significant rise in the revenue of the market leader, Complet more

07.07.2017

Altex, the largest local computer and electronics retailer, in 2016 had its best year in its 25-year history, posting growth of 40% in sales to 2.7 billion lei (EUR589 million). more

01.12.2017

more

12.02.2016

Retail chain Altex & Media Galaxy had cumulative sales of EUR103 million during the 2016 edition of the Black Friday sales campaign, up 35% compared with last year’s edition. more

10.24.2016

Computer and electronics retailer Altex Romania plans to hire over 450 people for Altex and Media Galaxy stores countrywide. more

10.17.2016

About 10% of the online sales of computer and electronics retailer Altex are generated by purchases from mobile devices, while the traffic from mobile phone and tablets is much higher, about 50%, the more

05.22.2016

Altex group targets a turnover of over EUR500 million in 2016, compared with EUR433 million in 2015, an evolution fueled by market organic growth, a greater number of stores and the disappearance of more

05.16.2016

Altex, the largest local computer and electronics retailer, expects to see more than half a billion euro sales this year, following a rise in consumer spending and rival Domo leaving the market. more

03.15.2016

Electronics retailer Altex, owned by businessman Dan Ostahie, reported revenues worth EUR433 million in 2015, up 30% on the year, the company said Tuesday. more

01.08.2016

Electro-IT retailer Altex on Friday said it would provide post-sale services to Domo’s former clients after the latter had closed its stores. more

11.17.2015

The closing of the 75 brick-and-mortar stores of computer and electronics retailer Domo gives a chance for expansion to its direct competitors Flanco and Altex, which will take over more than ten more

10.15.2015

Dan Ostahie, the owner of Altex, the largest computer and electronics retailer in Romania, says he is preparing for the time when expansion abroad in the region and to other countries in Europe more

10.07.2015

Altex, the largest computer and electronics retailer in Romania, has become the competitor of leading online retailer eMag on the repair service segment, following creation of its own specialist more

09.10.2015

Electronics retailer Altex has reopened the store in shopping center Iulius Mall Iasi, following investments worth EUR500,000 in a concept that allows customers to test the equipment, the company said more

06.10.2015

Electronics retailer Altex is opening its largest store on Thursday in Timisoara, following EUR5.4 million investments, the company said in a statement. more

05.25.2015

German-held home appliances manufacturer Miele, which has both manufacturing and retail and wholesale operations in Romania, has signed an agreement with Romania’s leading computer and electronics more

02.19.2015

Electronics retailer Altex is opening a store in Bucharest Friday, in the shopping gallery of Carrefour Colentina, following an investment of EUR0.5 million, the company said Thursday. more

11.13.2014

The local computer and electronics retail leader Altex, of businessman Dan Ostahie, will end the year with EUR300 million revenue, for the first time since 2008. more

10.16.2014

Electronics and appliances retailer Altex has opened a new store in Targu-Jiu (southwestern Romania), in shopping center Shopping City Targu-Jiu, following an investment of EUR400,000. more

10.02.2014

Electronics and appliances retailer Altex will open its 91st store in Romania Friday, in the Plaza Romania shopping center in Bucharest, owned by Turkish real estate developer Anchor. more

08.29.2014

The deal was carried out through NEPI’s taking over and paying a EUR22 million loan to Austria’s Volksbank. more

05.02.2014

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 one of more

03.27.2014

Romania may become production hub for home appliances in the coming years, as several large producers have voiced their interest in expanding existing plants or opening new units. The cheap and more

03.21.2014

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 in revenue, more

03.18.2014

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 market leader. more