The investment in the new store, which will be located in Dumbravita, near the western city of Timisoara, amouns to EUR60 million. Construction works will take 12 months, with variations depending on the situation on the ground.
According to the local media, the company Baumpartner Baumtechnic is general contractor.
The land on which the new Ikea store will be built was purchased from Romanian businessman Ion Țiriac in 2019 and covers 8 hectares. The transaction was estimated at EUR8 million.
Ikea’s two stores in Romania cover 26,000 sqm and 38,000 sqm, respectively.