Who the Romanian Inter IKEA appointed to run the mega-project of Timpuri Noi is - financiare.ro
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News » January, 2011 » 12 January 2011

Who the Romanian Inter IKEA appointed to run the mega-project of Timpuri Noi is
12.01.2011, 00:03 | Real Estate | 1083 views



The real estate company controlled by Swedish billionaire Ingvar Kamprad, the owner of IKEA, has brought a 33-year old Romanian at the helm of Romanian operations, who is focusing on Timpuri Noi project, but is also mandated to find new acquisition targets.

Antoniu Panait, the Romanian appointed to supervise the Romanian operations of Inter IKEA Centre Group (IICG) controlled by Kamprad, is further seeking new plots of land for acquisitions, but believes the prices are not correlated to the ones of rents that can be now got on the real estate market.

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