“We started reshuffling back in summer, but we’ve filed in the plan just now and it is set to be voted on in late January. The plan, should it be approved by lenders, has three directions. First, it is about what will happen to the physical Diverta bookstores, about the online segment and the launch of a new concept, Read & Drink,” says Amalia Buliga, general manager and minority stakeholder in Diverta.
Diverta offline network would stabilize at some 10-15 units.
Diverta ended 2021 with EUR8.6 million, from EUR8.5 million in 2020 and EUR13.5 million in 2019. Last year, the bookstore chain registered losses again, of EUR700,000, almost twice lower than in 2020, when non-essential offline stores were closed for almost three months.
(English version by Catalina Apostoiu)