Swedish-based chain IKEA is mulling over entering the Ukrainian market and may open its first outlet in Kyiv in the next two years, the company said in an official statement.
At the moment, IKEA is looking for the most acceptable business model that would allow the implementation of plans in Kyiv within the next one or two years. A decision on further steps will be taken based on the results of market research and preferences of Ukrainian consumers, the document says.
IKEA South East Europe, which is part of the IKEA Group (Ingka Holding B.V.), could be engaged in the development of the chain in Ukraine. The company is engaged in retail business of IKEA in Croatia, Serbia, Romania, and Slovenia.
