IKEA predicts further growth in Poland

Swedish furniture industry mogul IKEA plans to increase its turnover on Polish market eight-fold by2034, Katarzyna Balashov of IKEA Retail Poland told Newseria. Currently, IKEA’s turnover amounts to PLN 2 billion per annum. In H2 of 2015 IKEA plans to open a new store in Bydgoszcz, in addition to extending current stores in Warsaw and Wrocław and finalizing the construction of another one in Lublin. It also has several plots which may be used for future undertakings. As the company’s representative underlines – “conditions on the Polish market are very good, in particular in furniture and interior decoration industry. We expect the Polish market to grow in several years forward, in 20 years even three times.” IKEA exists on Polish market for a continuous period of 23 years, being one of the most popular chain stores in the country.