Carturesti has two bookstores in Timisoara, Cluj, Iasi and Constanta each and one in Arad, Ploiesti, Brasov and Suceava.

“We are not opening any more bookstores in Bucharest for the time being, but are in talks for new locations in major cities of the country. We are negotiating with street front or shopping center space owners but have not signed anything yet,” Nicoleta Dumitru said.

Books generate 60% of Carturesti’s sales, according to the latest data available, while gourmet products, music, movies and souvenirs account for the rest.

Carturesti ended 2015 with 70 million lei (EUR15.7 million) revenue, up on the RON58 million of 2014, according to Finance Ministry data. The bookstore chain budgeted more than EUR16 million sales this year. (EUR1=RON4.4484)

(English version by Loredana Fratila-Cristescu)