“It was a better quarter; sales were up, especially those of stationery. We posted double-digit growth, about 25%, in line with our budgeted figures,” Amalia Buliga told ZF.

Buliga has been Diverta’s CEO since 2010 and became shareholder of the bookstore operator with a 10% stake last year, following a capital increase.

Diverta now numbers 30 bookstores and sells books, stationery and toys.

“The number of customers in our stores and the average cash receipt have increased. The average cash receipt in our stores is EUR12, which is not much compared with the rest of the retail, but our customers buy a lot of stationery products, such as pens, with are low-priced.”

Diverta ended last year with EUR12.5 million sales and budgeted double-digit growth for 2018.

(English version by Loredana Fratila-Cristescu)