Altex logs 10m-euro sales

Altex, the household appliances retailer, logged sales worth 10 million euros in March, mainly due to the launch of a five-year lending system together with the Romanian Commercial Bank (BCR) and to the Easter offers, but also because all the products are available in stores. Thus, after February’s slump, the retailers of electronic and household appliances are able to breathe again, as sales are going back up to last year’s levels. “Part of the March results are also due to the evolution of Media Galaxy, which has exceeded our expectations, with more than one million euros in sales in the first month,” says Dan Ostahie, chairman of the Altex network. ZF