Online sales accounted for 25pc of turnover, higher than a year earlier. Around 8.2m shoppers visited IKEA stores in Hungary during the period.

IKEA Magyarorszag said it has over 1,650 employees and spent HUF 500m on wage raises and bonuses during the business year.

The company noted that it spent HUF 19.2bn on expanding its store in Soroksar, in the south of the capital. By integrating automation and robotics, the store tripled its logistics area, doubling its online order capacity to nearly 1 million per year.

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com
 

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