ERR News
The introduction of the euro to Estonia in January may help lure international retailers such as IKEA and H&M to the Baltics, according to participants in an international real estate conference that took place in Riga last week.
The main discussion topic of the "Retail Real Estate in the Baltic Countries" conference, which was organized by the International Council of Shopping Centers, was the prospect of having large international retail brands set up shop in the region, reported Biznes & Baltia.
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Euro Could Bring Major Retailers to the Baltics (2)
Rahvusvahelised uudised | 26 Oct 2010 | EWR
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Has the author ever been to Estonia? Major retailers already exist there. The German Bauhof stores are fantastic! Wish I could take more stuff with me on the plane since they have many things that our Rona and Home Depot do not.
Although, I sometimes go crazy without an Ikea here, I think a super huge Ikea, could have some negative consequences for Estonian manufacturers and tradesepeople here. Also, Estonians won't be able to afford to buy anything, unless they have jobs and income. Something that is a problem at the moment.
Rahvusvahelised uudised
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