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Croatia real estate


First Ikea store to open near Zagreb

Croatian Times

Swedish company Ikea is planning to open its first market centre in Croatia on the Zagreb-Lipovac highway near Zagreb.

According to the T-portal web site, official confirmation of the plans will be announced on Tuesday.

Ivan Remener, the mayor of the town of Rugvica, said: "Zagreb County leaders and I have been invited to the event by the Swedish ambassador, and we expect the centre to be located in our county." According to Remener, the centre opening is planned for 2011 at the earliest.

Remener added that the new centre would employ 1,500 workers and Rugvica would receive about 36 million kunas or around 5 million Euros in new taxes,  three times more than the town’s annual budget.

Ikea has reportedly begun purchasing land for the centre at a price of around 65 Euros per square metre.

A shopping centre will be built adjacent to the Ikea complex.

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