IKEA expands in Poland, but prefers to keep the full details low key

"The value of currently executed projects by developer Inter IKEA Centre Polska, which is a part of the IKEA group, amounts to zł.600 million. Half of this sum is devoted to the construction of commercial park in Warsaw's Targówek. The financing of the projects comes from IKEA's own funds," informed Wojciech Dzwonkowski, development director at Inter IKEA Centre Group. The developer arm of furniture manufacturer and distributor is presently constructing or expanding six commercial parks across the country and plans a further three, in Łódź, Kraków and Szczecin, during the next few years. Company representatives do not want to reveal the sum which will be invested in the projects and what the expected returns are. It is known that the value of IKEA's exports from Poland amounted to zł.3 billion and 25 million customers visited its outlets last year. (Puls Biznesu, p. 10) A.K.