• Login
  • Search:

Tue, Jun 18 2013

IKEA eyes second Bulgarian store in Varna

Wed, Jun 02 2010 10:55 CET

byDnevnik.bg

13493 Views
IKEA eyes second Bulgarian store in Varna

Swedish furniture maker IKEA will break ground on June 3 2010 on its flagship Bulgarian outlet, which will be in the capital city of Sofia.

The chain, which is the world’s largest home furnishing retailer spanning 37 countries, plans to build its second Bulgarian store in the coastal city of Varna, said Greek company Fourlis SA, which holds the franchise licence in Greece, Cyprus and Bulgaria.

IKEA had been rumoured to be eyeing the Bulgarian market for four or five years. Fourlis purchased a site on Sofia’s Ring Road in 2008.

The new IKEA store in Sofia will cover 30 000 sq m and will have a 1200-car parking lot. It is scheduled to open in the second half of 2011, and expects to receive 1.6 million shoppers in the first year.

Source: Dnevnik.bg

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

IKEA starts recruiting staff for first Bulgarian store

The company is looking mainly for middle managers, including cash line team leaders, warehouse and maintenance team managers, according to IKEA's online advertisements.

Bulgaria's furniture market improves slightly

Furniture production could recover in six months, based on assessments that the wood processing industry has started to emerge from recession, with sales in the segment expected to rise by 10 per cent in annual terms.

Two more years of patience

IKEA will open in Bulgaria in 2011 with Serbian town Nis next in line

Ikea plans to open store in Bulgaria by 2013

The company even considered opening a second store in the country, report says.

The 28-month gestation of IKEA

After a close to two-year search for a suitable piece of land for the first Bulgarian store of the IKEA home-furnishings chain, a site has finally been found. And plans are for it to be operational by early 2010. News from the beginning of August has it that the Greek company Fourlis, which holds the rights to the Swedish company for Bulgaria, has signed a contract for the acquisition of a parcel of close to 60 decares. Its address?

IKEA hypermarket one step closer to realisation

The opening of the first hypermarket of Swedish home furnishings chain IKEA in Bulgaria is one step closer to happening, as Fourlis, the company to develop the chain on the Balkans, told investor.bg that the hypermarket would be opened in Sofia's Vitosha neighbourhood in the beginning of 2010. Fourlis announced that it had finalised the purchase of a plot for the first hypermarket of the chain in Bulgaria. The plot was of 60 000 sq m and, as reported in February 2008, worth nearly 12 million euro.

More in this category

Bulgaria secures one-year extension on Belene loan - minister

The option to postpone the due date was contingent on securing 55 million euro for immediate repayment of the amounts loaned by Belgium's Dexia and Japanese bank Mizuho.

Euro zone unemployment at record high

The Eurostat data agency said that unemployment reached 10.9 per cent in March, up from 10.8 per cent in February. The March figure translates to 17.4 million people unemployed in the euro zone.

Sale of Bulgarian telecom BTC faces cancellation – report

Citing three separate sources familiar with the deal, Capital Daily reports that the creditors found offers submitted by three bidders unsatisfactory.

Raiffeisen takes over Polbank

Eurobank EFG is left with a 30 per cent stake in the merged entity but has said it will exercise its put option on the remaining holding.

Global jobs crisis to continue for some time, ILO report says

The narrow focus of many euro zone countries on fiscal austerity is deepening the jobs crisis and could even lead to another recession in Europe, said the Director of the ILO Institute for International Labour Studies and lead author of the report, Raymond Torres.

Appointments

Kamenitza

Kamenitza

Yassen Lyubenov is the new head of marketing at Bulgarian beer brewer Kamenitza. Lyubenov has 12 years of experience in marketing in the fast-moving consumer goods sector and has started his career as assistant brand manager at Kraft Foods Bulgaria. He later became brand manager at Wrigley Bulgaria, with responsibilities for Bulgaria and Macedonia. Prior to joining Kamenitza, he was senior marketing manager at Wrigley Russia, where he was in charge of brand expansion into Ukraine, Belarus, Central Asia and the Caucasus. Lyubenov has a bachelor's degree in international business administration from the University of Lincoln, UK.

Employment Agency

Employment Agency

Kamelia Lozanova has been appointed the executive director of the Employment Agency, a position she has held ad interim since September 2011, following the resignation of her predecessor Rossitsa Stelianova. Prior to that, Lozanova was the agency's deputy executive director in charge of international projects and European programmes. She has been with the agency for more than 20 years. Lozanova has a degree in Slavonic philology from the St Kliment Ohridski University of Sofia.

Uniqa

Uniqa

Gloria Dimitrova has been appointed executive director and member of the managing board at Uniqa Life Insurance Bulgaria. Dimitrova began her career in 1998 at the insurance supervision directorate, but moved to the private sector and worked for professional services and insurance brokerage firm Marsh&McLennan and US insurer AIG, both in Bulgaria and the Middle East. She joined Uniqa as regional director for Sofia in 2010. Dimitrova has a degree in economics from the University for National and World Economy in Sofia and a master's degree in insurance from the Business Academy in Svishtov.

Beiersdorf

Beiersdorf

Bedros Kalfayan, general manager of skin care and cosmetics company Beiersdorf Bulgaria, will oversee the parent's company units in Romania and Moldova starting April 1. Following company restructuring, Beiersdorf's subsidiaries in the three countries were merged and are now one unit, part of Beiersdorf Central and Eastern Europe. Kalfayan joined Beiersdorf in 2007 as sales manager and was promoted to general manager in 2008. Prior to that, he worked for Axxon Bulgaria, Ferrero and Rubella. Kalfayan has a master's degree in industrial management from the Technical University in Sofia.

Hewlett-Packard

Hewlett-Packard

Sasha Bezuhanova has been appointed Hewlett-Packard public sector director for emerging markets, where she will oversee HP public sector activities in 63 countries, including Bulgaria. Bezuhanova will also be in charge of HP's relations with the European Union. Bezuhanova has been HP's public sector director for Central and Eastern Europe since 2008; before that she was general manager of HP Bulgaria since 1998. Bezuhanova has a master's degree in electronics from the Technical University in Sofia and has completed a managment programme at INSEAD.

© 2000-2013, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.