"The opening of this shopping center in Lithuania signifies the expansion of the Scandinavian business model, as well as thrifty and sustainable culture, into Lithuania. The vision and objective of this culture is to offer a nicer and more comfortable daily life to everyone," the President said.
As the President noted to the staff of the new store and to all Lithuanian traders, only fair competition will guarantee the prime quality and best prices for customers as well as the most attractive partnership conditions for Lithuanian manufacturers.
IKEA is a Swedish company, founded in 1943, that designs and sells ready-to-assemble furniture, appliances, and home accessories. The Lithuania-based shopping center is the 334th store owned and operated by IKEA chain in the world and the first in the Baltic States. Lithuania ranks fifth among major suppliers of goods to this chain.
Over 200 new jobs have been created in this new furniture-selling mall opened in Lithuania.
