IKEA completed the process of choosing the main construction contractor for the development of the IKEA Store in Bucharest. The store on 57 Theodor Pallady Boulevard will be built by the general contractor Bog’Art.With the tender’s closure, IKEA is closer to starting the construction works.

 

IKEA had a pre-qualification process that involved more than 250 companies and suppliers, covering completely the Romanian construction market. The construction works for the IKEA Pallady store were tendered to 19 pre-qualified construction companies, and, after 4 rounds of negotiations, 2most competitive bidders were shortlisted. The final contractor was chosen on very clear criteria like: the ability to finalize the project on time, the team, the management and the previous delivery records, financial stability for the past five years, no claims and no legal issues, best qualitative technical solution and most competitive price. Other extremely important aspects were the fact that the contractor has appropriate references and fulfils all of IKEA’s conditions and demands as specified in IKEA’s global business policy, which also refer to sustainable development and responsible and ethical way of doing business.The work will start as soon as all the conditions for construction will be fulfilled. And the aim is to open the IKEA store on Pallady Boulevard before the end of 2018.

Vladislav Lalić, Property and Expansion Manager IKEA South East Europe, declares: ”The finalization of the construction tender process is an important moment for us. Now we are a step closer to the start of the construction and opening of the IKEA Store in Bucharest. At this point, we are glad to announce that this week we have obtained the Building Permit for fencing the site construction and preliminary works from the City Hall of District 3. We have already obtained 24 permits and legal pre-requisites and we are only waiting for two more permits: one from the Direction of the Public Domain Administration of the City Hall District 3, and another one from the Police Brigade. After they are issued, the documentation will be fully ready to apply for the Building Permit for the IKEA store.We are confident that with the support and good cooperation we have had so far with the District 3 City Hall, with the General Capital City Hallandall the relevant involved authorities, we will for sure finalize this process and obtain the necessary permits in the shortest possible time. Our wish is for this to happen as soon as possible, because we will be able to apply for the Building Permit for the store only when all the preconditions for the construction of the store will be fulfilled.”

IKEA will invest approximately 80 million EUR into the construction of the Store in Bucharest that will expand on more than 37.000 m2 and employ approximately 300 people. Search for employees is planned to begin a year before the opening of the Store, as is usual with similar IKEA projects. The chosen contractors will start with the construction as soon as all the necessary construction permits will be obtained, while the end of construction is plannedto take place in a year since iteffectively starts.

 

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