IKEA Raises Prices by an Average of 9% Next Year
IKEA will increase the prices of goods in its stores around the world by an average of 9% in 2022 due to continuing problems with supply and transport, AFP reported.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Construction works on the first IKEA hypermarket in Bulgaria will officially be launched on June 3 this year.
This has been announced by Vassilis Fourlis, Chairman of the Board of Directors of Fourlis Group, IKEA's franchise holder for the region, who invited media to the groundbreaking event. The ceremony will be attended by Prime Minister Boyko Borisov.
The hypermarket will be located at the intersection of Sofia Ring Road with Bistrishko Shosse Boulevard and will spread over 28 000 square meters.
The project is expected to create 800 new jobs.
During his visit to Greece at the end of last year, Bulgaria's Regional Development and Public Works Minister Rosen Plevneliev announced that IKEA will have its first Bulgarian store in 2011. The company has announced plans to build two more stores in the country - in Varna and Plovdiv.
The Swedish company IKEA, renowned for its cheap range of flat-pack furniture, has 301 stores in 37 countries.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
Bulgaria has witnessed a remarkable surge in home loans at the beginning of the year, with loans for households for the purchase of houses and apartments reaching a record high of BGN 20.52 billion by the end of February
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022