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IKEA to buy chinaware in Hungary
A venerable Hungarian porcelain factory said on September 17 that it has landed an order to make china tableware for Swedish home furnishing retailer IKEA. Zsolnay Porcelanmanufaktura expects to sign a seven-year deal shortly to supply 5,000 tons of china a year for IKEA starting in September 2009, the MTI news agency reported. While Zsolnay would be one of about 1,300 Ikea suppliers, the contract would be a lifeline for the loss-making 156-year-old company. The contract is expected to triple Zsolnay’s sales of 1.1 billion forints (USD 6.4 million), chief executive Katalin Peter Marosy told MTI. A spokeswoman at IKEA’s Swedish headquarters, Charlotte Lindgren, said the company generally does not comment on its suppliers. Zsolnay, aided by the Hungarian government, plans to build a new manufacturing facility at its site in the city of Pecs to boost production, Marosy said. The city currently owns the company, which employs about 300 people. Someone’s making money, IKEA’s rolling in it 5 IKEA’s coming to town IKEA to buy chinaware in Hungary It was a very good year for IKEA, but worry looms Polish megastore legislation brings IKEA to Romania blog comments powered by Disqus |
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