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
240 jobs Number of planned job creations
Announcement Date
16 January 2007
Employment effect (start)
15 March 2007
Foreseen end date
Description
Ikea Romania, a company of the Swedish group Ikea, announced an investment of EUR 25 million in order to open in March-April 2007 the first store in Romania, located in Bucharest- Baneasa area (Region Bucharest). In total, some 420 people will work in the new facility. At present, the company employs already 180 workers there. In August 2006 the Ikea group had 237 stores in 34 countries, specialised in distribution of furniture and household articles.
Sources
17 January 2007: Ziarul Financiar
Citation
Eurofound (2007), IKEA, Business expansion in Romania, factsheet number 64776, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64776.
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