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.
Wholesale / Retail 47 - Retail trade 47.5 - Retail sale of other household equipment 47.55 - Retail sale of furniture, lighting equipment, tableware and other household goods
150 jobs Number of planned job creations
Announcement Date
27 May 2007
Employment effect (start)
5 September 2007
Foreseen end date
5 September 2007
Description
The furniture retailer IKEA is to open its first outlet in Cyprus on September 5th 2007. The new store will be located within the 'Mall of Cyprus' at the Shacolas Emporium Park, an emerging commercial zone situated on the outskirts of Nicosia.
Sources
27 May 2007: Politis
Citation
Eurofound (2007), IKEA, Business expansion in Cyprus, factsheet number 65624, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65624.