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IKEA opening in Cyprus July 25, 2007

Posted by grhomeboy in Business & Economy, Shopping.

ikea_cyprus.jpg  Swedish home-furnishing company IKEA will open its first outlet in Cyprus on September 6, Greek franchise owner Fourlis said on Monday.

The 20,000-square-meter store is nearing completion on the outskirts of Nicosia. “We aspire to be one of the biggest investors in Cyprus, with an investment of 40 million euros and the employment of between 300 and 350 people,” Chairman Vassilis Fourlis said at a presentation here.

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