Media Galaxy creates 9m euros in revenues

Media Galaxy electronics and home appliances stores in Bucharest and Cluj-Napoca made more than 9 million euros in revenues this year, according to the representatives of Altex Group, which owns the Media Galaxy network. Revenues are 5% higher than the initial projections, representatives announced. “Autumn has started on an upward trend. The number of customers went up by about 30% early in September, compared to July and August,” said Dan Ostahie, Altex Group chairman. According to Media Galaxy representatives, the most significant sales increases occurred for televisions, DVD players, GSM mobile phones and personal computers. “Sales in these categories were over 30% higher than company estimates for the period. An important factor behind this surge in sales has been novelty products in the premium range (plasma TVs/displays) and medium range segment,” said Media Galaxy representatives. ZF