Dan Ostahie, one of the most powerful local entrepreneurs, Altex founder, has acquired the local operations of DIY retailer Brico Dépôt from Britain’s Kingfisher for EUR70 million (enterprise value, meaning including debts. Bricostore Romania has total debts of almost EUR90 million.
Romania media market will end 2024 on a steady growth trend, despite economic and geopolitical challenges, and will reach around EUR778 million, up 11%, topping previous estimates, reveals Media Fact Book by Initiative Romania analysis.