Remember Altex's budget optimism in spite of the delayed Media Galaxy's opening earlier in February? Well, it looks like the guys are ahead of the budget with Media Galaxy bringing in 2.5 mil in 2 months (they estimated 4 mil in 3 months). Also, I heard that AIG will take an equity position in Altex, which is not strategically bad at all - permits opening new channels and product development for consolidating AIG's position in the Romanian insurance industry.
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