Tue, Jun 18 2013
The company is looking mainly for middle managers, including cash line team leaders, warehouse and maintenance team managers, according to IKEA's online advertisements.
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.
IKEA will open in Bulgaria in 2011 with Serbian town Nis next in line
The company even considered opening a second store in the country, report says.
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?
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.
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.
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.
Citing three separate sources familiar with the deal, Capital Daily reports that the creditors found offers submitted by three bidders unsatisfactory.
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.
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.