FDI: IKEA Receives Construction Permit

After 5 years of preparation, battling Croatia’s complex and cumbersome bureaucracy, the Swedish international home products company received their construction permit to build a retail complex east of Zagreb in the municipality of Rugvica.

The permit was delivered by Zagreb County Prefect Stjepan Kozic.  The complex is valued at €100 million and construction is scheduled to begin this spring, employing up to 350 persons.  The complex is scheduled to open in 2014.

The project hinged on the relocation of a toll booth and the construction of a motorway exit for the complex by the state-owned Croatian Motorways Company (HAC).  It is unclear why this negotiation between HAC and IKEA required years to complete…

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