Carturesti business was set up by Serban Radu and NicoletaDumitru in 2000 and last year reached 6.3m-euro turnover, up 12.5%from 2008. "We have three new stores, the one at the FrenchInstitute of Bucharest, one in Brasov, opened last December and astore opened last month in Arad. We want to open further stores,but we'll announce them at the right time," said Radu, withoutspecifying the value of investments. After the new openings, theretail area rose to around 3,000 square metres overall and salesadvanced in the first quarter compared with the correspondingperiod of 2009. Carturesti works with over 300 suppliers of Romaniaand abroad, and 60% of turnover is generated by books and the restof 40% by music, movies, tea and other products. As regards theinvestment budget Carturesti works with this year, the Romanianentrepreneur says there are many shelved projects, over 30, andthat they will be developed, in turn, at the tight time. Radu doesnot take into account selling the company that employs almost 200people.
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