Altex enters Romanian market with 30% stake in Axionet IoT electro-IT retailer

30 June 2021

The electro-IT retailer Altex has signed a partnership with Axionet IoT, a local company involved in the development of the regional network of charging points Polyfazer for electric cars, with about 100 stations in Romania.

Thus, Altex will become a shareholder in Axionet IoT with a 30 percent stake, following to contribute to the expansion of the network of charging stations for electric cars and the provision of green energy services for the group’s internal and external customers.

Polyfazer is a project developed in Romania since 2017, with an estimated market value of about EUR 2 million.

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