Ikea

Type
Business expansion
Country
Belgium
Region
Région wallonne; Prov. Luxembourg (BE); Arr. Arlon
Location of affected unit(s)
Sterpenich
Sector
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
280 jobs
Number of planned job creations
Job creation
Announcement Date
24 August 2005
Employment effect (start)
24 August 2005
Foreseen end date

Description

Swedish retail store Ikea continues its expansion in Belgium. A new store was opened in Sterpenich, close to the Luxembourg border. the €36 million investment project with an €60 million turnover expected for 2006 will allow the creation of 280 new jobs.

Sources

  • 24 August 2005: La Libre Belgique

Citation

Eurofound (2005), Ikea, Business expansion in Belgium, factsheet number 62146, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/62146.