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
300 jobs Number of planned job creations
Announcement Date
28 November 2017
Employment effect (start)
28 November 2017
Foreseen end date
30 June 2018
Description
Ikea Romania, a subsidiary of the Swedish group Ikea, announced it will invest €86 million into opening its second store in Romania by June 2018, thereby creating jobs for 300 workers.
As of November 2017, the company has started construction of the new store. Ikea will open seven new stores in Romania by 2025.
Ikea entered the Romanian market in 2007 by opening its first store in Bucharest.
Globally, the company has 355 stores in 29 countries.
Sources
28 November 2017: adevarul.ro
28 November 2017: angajatorulmeu.ro
28 November 2017: capital.ro
28 November 2017: Forbes Romania
Citation
Eurofound (2017), Ikea, Business expansion in Romania, factsheet number 92628, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92628.
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