The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Household Equipment In Specialised Stores 47.5 - Retail sale of other household equipment in specialised stores
200 jobs Number of planned job creations
Announcement Date
8 November 2005
Employment effect (start)
17 November 2005
Foreseen end date
Description
Kika Slovakia is the first subsidiary of Austrian Kika/Leiner Company operating in Slovakia. According to the director of new Kika furniture store in Bratislava, the range of services provided as well as the customer-friendly approach are the main features of the new store, which covers approximately 20,000 square metres. The new store will offer customers high quality products and has ambitions to compete with main players in the local furniture market in Slovakia, e.g. IKEA and Europa Möbel multinationals as well as Slovak Galan stores. Kika/Leiner management will decide on further expansion in Slovakia upon the sales result of its new store in Bratislava.
Sources
8 November 2005: Hospodárske noviny
Citation
Eurofound (2005), Kika, Business expansion in Slovakia, factsheet number 62523, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62523.
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