Type
Business expansion
Country
Cyprus
Region
Kypros / Kibris; Kypros / Kibris; Kypros / Kibris
Location of affected unit(s)
Nicosia
Sector
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

150 jobs
Number of planned job creations
Job creation
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65624.