Laura Teposu, Libris founder, believes Romania’s book market is witnessing ongoing growth. Book consumption in Romania is the lowest in Europe, but this means market players have further growth room. She estimates two-digit revenue growth for 2023.
2023 started well for Libris, with book sales up by 30% in January year-on-year.
The entrepreneur believes that on the book market both physical stores and the online area are equally important. Moreover, Laura Teposu says she contemplates developing a physical bookstore network.
In 2022, Libris invested EUR300,000 to install photovoltaic panels on the rooftops of Brasov book warehouse. In 2023, investments will be directed at improving the online platform to boost the number of products and ranges.
Online bookstore Libris.ro sold more than 2.3 million books in 2022 and the average order grew by 10% to RON113.
(English version by Catalina Apostoiu)