October 8, 2019 / 2:29 PM / 12 days ago

IKEA to open first store in Slovenia in 2020

FILE PHOTO: The logo of the Swedish furniture giant IKEA is seen in Mexico City, Mexico May 22, 2019. REUTERS/Edgard Garrido/File Photo

LJUBLJANA (Reuters) - IKEA IKEA.UL will start building its first store in Slovenia in October with construction expected to be completed in about 12 months, the Swedish furniture retailer said on Tuesday.

IKEA, one of the world’s largest furniture retailers, said it would invest 90 million euros ($99 million) in the Ljubljana store that would employ about 300 people.

IKEA already operates stores in neighboring Italy, Austria, Croatia and Hungary.

Reporting By Marja Novak; Editing by Edmund Blair

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