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Romania's Altex invests 5 mln euro in new store

Romania's Altex invests 5 mln euro in new store Altex new store in Bucharest Source: Altex

BUCHAREST (Romania), September 30 (SeeNews) - Romanian IT&C and electronics retailer Altex opened a new store in Bucharest following a 5 million euro ($5.87 million) investment, it said on Thursday.

The 5,000 sq m store is located in the city's District 6 and offers some 30,000 products for sale, Altex said in a press release.

"We continue to invest in expanding the store network, both in Bucharest and in the rest of the country. We want all Romanians to have access to new technologies, quality products and services, at the best prices on the market, as close to home as possible," Altex commercial director Edvin Abdulachim said.

Earlier this month, Altex announced it has invested 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.

($=0.8524 euro)