news 13 Feb 13

Sweden's IKEA and H&M Come to Serbia

Two Swedish brands, the furniture giant Ikea and the retail-clothing company H&M, have confirmed they are opening stores in Belgrade this year and next.

Aleksandar Vucic, the Deputy Prime Minister, announced that the popular Swedish furniture company Ikea will be coming to Serbia in April 2014.

"After a long time, the question of Ikea's arrival in Serbia has been settled," Vucic said in Belgrade.

Ikea has been trying to open up in Serbia for some years but the company and the Serbian government could not agree on land price and locations.

Ikea initially planned to start building an outlet in Serbia by 2012 in exchange for the provision of cheap land.

The company then allegedly sought to abandon the entire plan. The government then withdrew the land offer, while assuring Ikea that the company was still welcome in Serbia.

The new store in Belgrade will mark the return of the Swedish company to the city. A small Ikea store in Belgrade closed in 1991 as Yugoslavia disintegrated into bloodshed.

Meanwhile, another brand from Sweden, the retail-clothing company H&M, has announced it is opening a store in Serbia this autumn.

"We are excited to be able to offer fashion and quality at the best price to our customers in Serbia from autumn 2013," Karl-Johan Persson, CEO at H&M, said in January.

The store will be located in Belgrade's Delta city shopping mall. The brand is known for marketing high fashion at low prices.

Talk about it!

blog comments powered by Disqus

Premium Selection

historic-mosque-reopening-tests-bosnian-serbs-tolerance-05-05-2016
05 May 16

Historic Mosque Reopening Tests Bosnian Serbs’ Tolerance

The grand reopening of a historic Ottoman-era mosque in Banja Luka, restored after being demolished by Serb forces during wartime, will indicate how committed Bosnia’s Serb-dominated entity is to reconciliation.

de-biasi-makes-albania-s-dreams-come-true-05-02-2016
04 May 16

De Biasi Makes Albania’s Dreams Come True

Albania’s football team has qualified for a Euro championship for the first time thanks to the efforts of its remarkable Italian coach.

03 May 16

Bosnia Moves to Push Banks to Release Reserves

02 May 16

Albania Shifts Hopes From Hunting to Tourism

02 May 16

Bulgarians Eye Way to Revive Empty Villages

Latest News from the Balkans

05 May 16

Serbian Right-Wingers Win Seats in Poll Re-Run