Ikea suspends all investments in Poland

"The act on large space stores is a non-avoidable barrier to us in terms of expanding and constructing stores and shopping malls, such as in Łódź [which has an investment value of €200 million and 2,000 jobs) and Poznań [€100 million and 1,000 jobs]," said Wojciech Dzwonkowski, investment director at Inter IKEA Centre Polska. He added, "This puts all investments planned for the following years into question [...] By 2015 we planned opening eight IKEA stores with surrounding shopping malls [...] The cost of one investment amounts to €200 million,". The firm had already prepared the projects and had funds to finance the investments.