IKEA
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Six Years On The Romanian Market, Ikea Has Yet To Find Spot For Second Store
Ikea’s store in Baneasa, northern Bucharest, will remain the only store of the company in Romania at least until the end of 2014, even though Ikea had announced plans for a second store upon...
IKEA Romania Registers Loss For Second Straight Year
Swedish giant IKEA, which operates one store in Romania, last year recorded loss of EUR3.6 million and sales of EUR76.2 million on the local market, according to Trade Registry data.
Furniture Companies: Difficult Year, Exports Might Help Somewhat
Local furniture industry is bracing itself for a new year of decline, the fifth in a row since 2009, when it started. The main players say they will have a difficult year on the Romanian mar...
IKEA In Talks With Era Shopping Park Owners To Open Store In Iasi
Representatives of Era Shopping Park in Iasi (northeastern Romania) are negotiating with Swedish furniture retailer IKEA the opening of a store, and the deal is likely to be concluded this y...
IKEA Romania Posts RON400M Sales In Catalog Year 2012
Furniture retailer IKEA registered sales of 400.99 million lei (EUR87.6 million) in Romanian between September 1, 2011 and August 31, 2012, up 10.8% on the year.
Sortilemn Builds New EUR9M Plant In Partnership With IKEA
Sortilemn Gherla, one of the biggest Romanian suppliers of Swedish-held IKEA, has started a EUR9 million project to build a coat hanger plant on a 10,000 square meter plot of land.
IKEA’s CEO Advises Entrepreneurs To Think Globally
Mikael Ohlsson, the chief executive officer of IKEA, world’s largest furniture company, says he is in no hurry to open the next store in Romania and prefers to do things step by step, as IKE...
Owners Of Former Timpuri Noi Site Buy Land Near Basarab Overpass
Real estate company Interprime Properties, a subsidiary of the Inter IKEA group, the personal business of the Swedish billionaire Ingvar Kamprad, has made its second land acquisition in Buch...
IKEA Romania Posts RON362M Sales In Catalog Year 2011
Furniture retailer IKEA registered sales of 361.8 million lei (EUR82.96 million) in Romania between September 1, 2010 and August 31, 2011, up 10.5% on the year.