IKEA
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Ikea Goes Beyond RON1B Turnover Mark in Romania; Builds Third Store Domestically
Furniture retailer Ikea, present with two stores in Romania, went beyond the RON1 billion turnover mark domestically in the financial year ended on August 31, 2020, according to the group’s...
IKEA: Construction of Timisoara Store Will Take One Year
Sweden’s IKEA says the development of the store it is building near Timisoara will take 12 months, with variations depending on field work conditions.
Dedeman in Talks to Buy Land Next to Ikea in Timisoara
The Paval brothers, owners of DIY retailer Dedeman, are in talks to buy land from businessman Ion Tiriac next to where the new Ikea is set to be in Timisoara and could pay EUR15 million for...
IKEA Sales in Romania Top EUR160M in FY2018-2019
Ikea reported sales of over EUR160 million in Romania in the financial year September 1, 2018 - August 31, 2019, 15.2% higher compared with the previous year, the company said Wednesday.
Antitrust Body Looks Into Deal Whereby IKEA Partner Ingka Buys 80% In Seven Romanian Wind Farms
Romania’s antitrust body is looking into a deal whereby Dutch company Ingka Group, a strategic partner of IKEA franchise system, has bought an 80% stake in seven wind farms in southeast Roma...
Investment in New IKEA Store Takes Toll, Causes RON8M Loss in 2018
IKEA Romania, the local subsidiary of the Swedish furniture and home decor retailer by the same name, ended the 2018 with a net loss of 8 million lei (EUR1.7 million), compared with a net pr...
IKEA Partner Ingka Group Buys 80% in Seven Romanian Wind Farms for EUR136M
Dutch Ingka Group, which owns most IKEA stores, said on Friday it would buy an 80% stake in seven Romanian wind farms from Danish wind turbine maker Vestas.
Ikea Set to Buy 8-Ha Land in Timisoara for New Store
Swedish furniture and home deco retailer Ikea is close to signing a deal to acquire a plot of land stretching onto 8 hectares in Timisoara, western Romania, for a future store.
IKEA Opens Fourth Pick-Up Point For Collection Of Items Ordered Online, In Mall Plaza
Swedish furniture and home décor retailer IKEA on Thursday opened its fourth collection point in Romania, within Mall Plaza shopping center in Bucharest, where customers can pick up the prod...