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The Swedish company IKEA, renowned for its cheap range of flat-pack furniture, has 301 stores in 37 countries. Photo by EPA/BGNES
Swedish furniture retailer IKEA, operating in Bulgaria through Greek-based Fourlis Group, has started to recruit employees for its first store here.
The first IKEA hypermarket in Bulgaria, which will be in the capital Sofia, will employ 350 people.
The store will be located at the intersection of Sofia Ring Road with Bistrishko Shosse Boulevard and will spread over 28 000 square meters.
The Greek company Fourlis, which is IKEA's franchise holder for Greece, Bulgaria, and Cyprus, has announced plans to invest EUR 50 M in the construction of the store. It is expected to be completed by the end of 2011.
The Greek company has also made it clear it would consider the opening of another IKEA store in Varna or Burgas, and potentially even a third store in the Plovdiv-Stara Zagora region in Southern Bulgaria.
The Swedish company IKEA, renowned for its cheap range of flat-pack furniture, has 301 stores in 37 countries.
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