IKEA opens new store in Timișoara

14 June 2023

The Swedish furniture group IKEA opened a new store in Timișoara, the third in Romania. The new store, with an area of 26,000 sqm, with an investments of over EUR 60 million.

The Swedish company has two more stores in Romania, both in Bucharest, the first opened in 2007, in Băneasa, and the second in 2019, in the Theodor Pallady area. IKEA representatives previously announced that they have Timișoara, Brașov and Cluj-Napoca on their list for new stores.

IKEA Romania recorded in fiscal year 2022 a 2.5 percent increase in total sales. The Swedish retailer sold over 22 million products, of which 66.55 percent were furniture pieces and 34.2 percent accessories, with turnover reaching over RON 1 billion.

Source: Profit.ro

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