YIT Kausta, the Lithuanian subsidiary of YIT Construction, has started construction of an Ikea store in the vicinity of Vilnius airport in Lithuania.
YIT Kausta, the Lithuanian subsidiary of YIT Construction, has started construction of an Ikea store in the vicinity of Vilnius airport in Lithuania.
The value of the contract is over EUR 15 mln, and the project is scheduled to be completed by summer 2013. The total size of the store will be around 26.000 m2.
UAB Felit, which operates the Ikea franchise in Lithuania, chose the construction company through a tender process.
'When trying to attract investments into Lithuania it is very important that such a famous trademark as Ikea expands its business to our country,' said YIT Kausta managing director Kêstutis Vanagas.
