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 Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale On A Fee Or Contract Basis 46.15 - Agents involved in the sale of furniture, household goods, hardware and ironmongery
300 jobs Number of planned job creations
Announcement Date
16 November 2016
Employment effect (start)
Foreseen end date
Description
IKEA - a Swedish furniture retail chain - is planning to open its third store in Hungary, in Budapest. The new investment will have created 300 new jobs by the first half of 2017. IKEA is not only planning to open a new store but also wants to develop its online service in Hungarian market. By the end of 2017, the company will have introduced its home delivery service.
Sources
16 November 2016: origo.hu
16 November 2016: Napi.hu
Citation
Eurofound (2016), IKEA, Business expansion in Hungary, factsheet number 89144, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89144.
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