News Article Bucharest development Ikea retail Romania
by Import Sys | Retail

Ikea has started the construction of its second store in Romania, which will be finished in H2 2018 following an investment of approximately €86 million, which includes the acquisition of the land.


The store will be located in Eastern Bucharest and will cover 37,000 square meters. It will have 1,300 parking places and charging stations for electric cars. The store will also host a restaurant with 550 places and a greenhouse of 800 sqm, alongside an Ikea Café.
 
“We aim to grow from 3 to 13 stores by 2025 in the Southeastern European region, comprising Romania, Croatia, Slovenia and Serbia, and nine of these stores will be in Romania,” said Stefan Vanoverbeke, Country Retail Manager of Ikea SEE. The company aims to open new stores in Timisoara, Brasov and Cluj, but the start of the construction depends on permitting and infrastructure.