You have 5 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Romanian retailer Altex opens new store

Romanian retailer Altex opens new store Altex Resita Source

BUCHAREST (Romania), November 17 (SeeNews) - Romanian IT&C and electronics retailer Altex said on Wednesday it will open a new store in the western city of Resita, in Caras-Severin county, on November 18.

The 3,000 sq m store is equipped with digital signage, electronic tags and a smart lighting system which helps to save electricity, Altex said in a press release.

Altex plans to install 676 photovoltaic panels on the store's roof, following an investment of 150,000 euro ($170,400). The rooftop installation will cover some 48% of the store's monthly energy consumption.

"For this year, we have two more openings planned," Altex commercial director Edvin Abdulachim said in the statement.

In October, Altex opened a new store in Medias, in central Romania and invested 5 million euro in a new store in Bucharest. The retailer invested another 5 million euro in a smart electronic label system for its stores.

Altex employs over 4,000 in its Altex and Media Galaxy stores in Romania. It also operates two online stores.

($=0.8627 euro)

Altex Romania SRL is among the biggest companies in SEE, for more reference take a look at Top 100 companies
Compare