Greek Fourlis Group to Open Bulgaria's 1st IKEA Store 2011 End

Bulgaria’s first IKEA store will be opened in Sofia in the last quarter of 2011, announced George Alevizos, Finance Manage of the Greek group of companies Fourlis.

In an exclusive interview for the Greek Survey of Novinite.com (Sofia News Agency), Alevizos said the economic crisis has not delayed the opening of the IKEA stores in Bulgaria. The Fourlis company is IKEA’s franchisee for Bulgaria and several other Balkan countries.

“We believe to the cyclical aspect of any crisis and Bulgarian economy will return soon in positive growth rates and it is very important when this happens, we will be there ready to offer a better everyday life to the many people in the local market,” the Fourlis manager stated.

Alevizos told Novinite.com that Fourlis intended to open at least one more IKEA store to be located near the Black Sea city of Varna, and might also consider opening a third store within the next 5 years.

The Greek manager praised the working relations that the Fourlis Group has with Bulgarian authorities and said that any potential traffic issues with the Sofia IKEA store will be resolved.

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