IKEA announced, during a hybrid ceremony, the start of construction works for its new store in Romania, in Dumbrăvița, near Timișoara. The Swedish retailer will invest approximately 60 million EUR into the new store, representing IKEA's third significant investment in Romania. In addition to the jobs that are expected during the construction phase, approximately 250 co-workers will join the IKEA family when the new store opens.

The German Bosch Group, a leading global supplier of technology and services, entered the Romanian market 27 years ago, and currently employs over 8,000 people in five entities. With two plants, a research and development centre, sales offices, as well as a center for business process outsourcing solutions, all four of the group’s business sectors are represented locally. Mihai Boldijar, General Manager of Robert Bosch SRL and Bosch’s representative in Romania and Bulgaria,talks in an interview with TheBizz Magazine about the company’s response to the challenges posed by the pandemic, the evolution of the business and future development plans on the local market.

The world is slowly recovering from the economic crisis triggered by the COVID-19 pandemic. But after a spectacular start, growth is marred by inflation and supply chain bottlenecks.