IKEA is planning to add more than 300 staff to its payroll in the country with the opening of the store, Varga-Nagy said, adding that hiring will start in September. She added that currently the store is 70% complete.

The store, which will have a total area of 34,000 square meters, is being realized within the framework of a HUF 16.8 billion investment, Marek Feltl, the managing director of IKEAʼs Hungarian unit, said at the cornerstone-laying ceremony in June. He noted that the firm’s sales in Hungary reached HUF 47 bln in its previous business year ending August 31.