Ivanka seeking partners in Israel

Food

Leading Hungarian design company Ivanka has its sights set on becoming a well-known concrete brand in Israel, to build its network and to increase its partnerships within the architectural and design communities, the firm told the Budapest Business Journal today following the recent opening of their first store in Tel Aviv, Israel on May 5.

Ivanka is currently present in 40 countries and the company is planning to expand further, but target countries for expansion have not yet been made public, the company told the BBJ. Aside from expanding its operations, it is also looking to expand its portfolio. “We have constant in-house developments – our latest products are Trinity and Gaudí,” according to Ivanka.

The company said that despite its worldwide expansion, production is still based in Hungary. “As a Hungarian company we prefer to keep production at home and also at the moment this is the most efficient solution in every respect,” the firm added.

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