06.15.2015

Swedish furniture retailer IKEA has bought a plot of land in Bucharest to build its second store in the country. more

06.09.2015

Swedish retailer IKEA, which operates a single store in Romanian capital city Bucharest, switched to profit in 2014, for the first time since its direct entry on the local market in 2010. IKEA Romania more

02.23.2015

Vastint Romania, the real estate arm of Inter IKEA, has started work on office buildings on the former site of the Timpuri Noi plant and is looking at other potential acquisition targets as land price more

02.23.2015

Romanian porcelain manufacturer Apulum, a major local supplier of Swedish group IKEA, has budgeted investments worth above EUR3 million in 2015 to increase production at its Alba Iulia plant. more

02.17.2015

Gherla-based Sortilemn, a major Romanian supplier of Swedish group IKEA, in 2014 generated revenue worth around 200 million lei (EUR45 million), up 29% against 2013. more

02.12.2015

Do-it-yourself retailer Dedeman, a company founded by Romanian entrepreneurs Adrian and Dragos Paval, wants to stake its flag next to the IKEA store in northern Bucharest. Dedeman is about to buy an more

12.01.2014

Real estate company Vastint, part of the Inter IKEA group of Swedish billionaire Ingvar Kamprad, is in the process of choosing the builder for its project on the former Timpuri Noi plant site in more

10.23.2014

Online sales are likely to come to 5% of IKEA Romania revenue in 2015 financial year (that started in September and will end in August 2015), but growth potential on this segment is higher than that more

10.20.2014

The IKEA store in Bucharest had sales of RON468.4 million (EUR106 million) in the 2014 catalog year 2014 (September 1, 2013 - August 31, 2014), up 6.45% on the year. more

09.24.2014

Gherla-based Sortilemn furniture producer, a major local supplier of Swedish group IKEA, generated revenue worth EUR22.3 million in the first half of the year, up 35% from the year earlier period, more

09.18.2014

Alba Iulia-based porcelain manufacturer Apulum, controlled by Italian investors, one of IKEA’s main local suppliers, has reached total production capacity of 40 million porcelain items a year but more

08.28.2014

Furniture maker Taparo, which has been in business for merely nine years, is the fifth largest Romanian-held exporter and also the third most important furniture manufacturer of the country. more

08.04.2014

Baia Mare-based furniture producer Aramis Invest augmented its revenue by 130% during the crisis, to EUR124 million, while hiring 1,000 people, reaching almost 2,860 headcount. more

07.24.2014

Furniture retailer IKEA posted more than EUR3,100 in sales per square meter last year, an increase of 7% on 2012. The company has only one store in Romania, in the Baneasa shopping area in northern more

07.16.2014

Swedish furniture retailer IKEA launched an online order service with home delivery, available countrywide, the company said. more

06.19.2014

The IKEA furniture and decorations store in Bucharest posted EUR0.5 million loss in 2013, something its representatives say was due to the transition of the store from a franchised store to a directly more

05.15.2014

Aramis Invest, Romania’s largest furniture producer, has budgeted annual revenue increases of above 10% for the coming years, after 2013 was a year of business consolidation. more

05.13.2014

Ikea Food, the division that includes the restaurant, the bistro and Swedish deli operating inside the company’s store in Baneasa, northern Bucharest, ended fiscal 2013 with almost 33 million lei more

04.23.2014

IKEA, the world’s biggest furniture and home décor retailer, opened its first store in Romania seven years ago, but the Swedish group had been operating in Romania for several decades. more

04.11.2014

Sortilemn, a furniture manufacturer based in Gherla, Cluj County (NW Romania), and one of the most important Romanian suppliers of IKEA, posted EUR35 million revenue last year, an increase of 16% on more

04.02.2014

Swedish group IKEA, the world’s largest furniture retailer, plans to bolster furniture acquisitions from Romania as part of its global strategy targeting sales of EUR50 billion by 2020. more

03.10.2014

Swedish giant IKEA, the biggest player on the Romanian furniture market, has for several years had a new rival in Europe, South-African group Steinhoff, which has grown through successive more

11.11.2013

Ipec, a company set up by the Covaciu family twenty-two years ago in Alba Iulia, a city with a long tradition of ceramic manufacturing in Romania, has become one of the leading local suppliers of more

10.15.2013

Furniture retailer IKEA registered sales of 440 million lei (some EUR100 million) in Romania between September 1, 2012 and August 31, 2013, up nearly 10% on the year. more

08.14.2013

Ikea’s store in Baneasa, northern Bucharest, will remain the only store of the company in Romania at least until the end of 2014, even though Ikea had announced plans for a second store upon its more