In January-June 2021, Librex had sales of EUR920,000.
In 2021, Librex plans to develop the segment of books in English and to introduce stationery products, games and toys, in the last quarter of 2021.
“Our growth was linear and healthy, but the company has seen real booms in the last three years. Scrapping the transportation fee for any order, anywhere in the country, may have had the biggest impact on these increases. Something intended as a token of solidarity for readers at the onset of the coronavirus pandemic (which we maintained for one year, being the only economic operator to do that) has turned into a growth opportunity, which was a double reason for joy for us – we have stood by readers in a difficult period of time and the company has grown exponentially”, said Ionut Radu, the founder of Librex.
Due to demand from countries with large communities of Romanians, namely, Spain, Italy and Germany, Librex started to deliver abroad as well, with the company investing to adapt its order management software and increasing its warehouse staff by 20%.
Librex targets a volume of deliveries abroad of at least 1500 orders per month, which is expected to stimulate an increase of at least 10% in turnover in 2021. For 2022, the company expects the international delivery service to grow in a sustained manner and account for 12% – 15% of its turnover.
Librex was established in 2010 by Ionut Radu, following an investment of EUR30,000. Radu has remained sole associate to date.