Tallinn and Tartu lose out to Riga in Ikea expansion ({{commentsTotal}})

Source: Photo: Reuters/Scanpix

A study conducted in Vilnius compared Tallinn, Tartu and Riga for the suitability of Ikea expansion, concluding with a win for the Latvian capital.

The Swedish furniture chain announced that it will expand to the next Baltic nation in the next two and a half years time, and is planning stores in all Baltic nations by 2019, Postimees reported.

Ikea's first store in the region opened little over a year ago in Vilnius, the Lithuanian capital.

The cost of the next store is estimated at around 150 million dollars (120 million euros). Tallinn and Tartu were considered and dropped as the possible locations for the first opening, due to strong competition and high costs in Tallinn, and small population in Tartu. However, Tartu may have better prospects for the selection in future, because the relatively low cost of living.



Opinion
Easter Monday a public holiday? But you're forgetting productionEaster Monday a public holiday? But you're forgetting production
Estonia’s Easter Monday time loop: Discussing an additional day off

Every year, Estonia reliably asks itself the question whether or not Easter Monday should be made a public holiday. Opinions differ. While one side emphasizes the importance of family time, the other thinks an additional day off would threaten economic growth.

Minister of Social Protection Kaia Iva (IRL).Minister of Social Protection Kaia Iva (IRL).
Samost: Kaia Iva’s charisma could help IRL out of long-term low

In Sunday’s “Samost ja Rumm” radio debate show, editor-in-chief of ERR’s online news, Anvar Samost, and journalist and former politician Hannes Rumm discussed the potential and actual candidates for the chairmanship of the Pro Patria and Res Publica Union (IRL). At the time of the broadcast, Helir-Valdor Seeder had not yet made his intention to run public.