Lutz Enters Croatia

CompaniesRetail & Consumer ♦ Published: January 26, 2012; 19:59 ♦ (Vindobona)

The Austrian furniture store group opens its largest center in the SEE region. Market leader Ikea follows in autumn 2012.

Lutz Enters Croatia / Picture: © XXXLutz KG

In Croatia, the Austrian furniture group kika becomes competition from its Austrial rival Lutz: XXXLutz opens a new furniture store in Croatia. The sales area reached 40,000 sqm and will be ran by its subsidiaries Möbelix and Lesnina. The investment amounts to € 40m, 230 new workers will be employed. The store is located in Croatia´s capital Zagreb.

Lesnina is the market…