EMCC European Monitoring Centre on Change

Ikea

Company/Organisation:
Ikea

Geographic Location

Country: Sweden

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.5 - Retail sale of other household equipment in specialised stores
Group: Ikea Group

Employment Effects

Announcement Date: 04-06-2007
Type of Restructuring: Business expansion
Employment Effect Start: 04-06-2007
Foreseen End Date: 31-12-2011
Planned Job Creation: 1000

Additional Information

Ikea is planning to invest in Sweden and will build new stores in Malmö, Helsingborg and Uppsala. On account of the expansion Ikea will recruit 1,000 new managers during the next five years. Ikea sells low-price home furnishing, including furniture, bathrooms and kitchens at retail stores around the world.