Sun, Nov 22 2009

Ikea plans to open store in Bulgaria by 2013

Wed, Oct 14 2009 16:47 CET byPetar Kostadinov 2267 Views 2 Comments
Ikea plans to open store in Bulgaria by 2013

Fourlis Holdings, the Ikea franchise-holder for Greece, Cyprus and Bulgaria, plans to open its first Bulgaria store by 2013, Bulgarian-language Dnevnik daily quoted Reuters on October 14 2009.

Fourlis planned to open up to 12 new stores in the Balkans, including Bulgaria, Reuters quoted a CEO Apostolos Petalas. According to Reuters, Fourlis considered opening not one but two stores in Bulgaria.

This is not the first time Fourlis has revealed plans to open an Ikea store in Bulgaria. The first statements appeared in 2005. Later, it was announced that the first store would open its doors in Sofia in 2010.

Reportedly the company even bought land near the city ring road. In January 2009, Greek media went even further by saying that Fourlis had increased its stake in its Bulgarian Ikea franchise to 100 per cent and, secondly, its plans were to operate three Ikea stores in Bulgaria by 2013.

Currently, the nearest Ikea stores to Bulgaria are in Bucharest and Thessaloniki which has developed shopping tour services as many Bulgarians have started shopping there on weekends.

Tags:
Fourlis Holdings , Ikea

Comments

Anonymous helena Sun, Nov 15 2009 22:39 CET
Inappropriate comment?

Oh why do they keep postponing it, I am so desperate for an Ikea. I was geared up for visiting my favorite home store within the next few months, and now I must wait two/three years. So sad.

Anonymous IF Thu, Oct 15 2009 00:58 CET
Inappropriate comment?

Maybe once the old man dies:

"Ikea said Tuesday [June 23, 2009]that it was suspending further investment in Russia, apparently because of pervasive corruption and demands for bribes, The New York Times’s Andrew E. Kramer writes from Moscow."
http://dealbook.blogs.nytimes.com/2009/06/24/with-corruption-rife-ikea-halts-investing-in-russia/

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