News | Business
19 Jan 2025 16:19
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Global retailer IKEA is pouring 407 million dollars into setting up in New Zealand

    Global retailer IKEA is pouring 407 million dollars into setting up in New Zealand


    It'll go into buying land, site development and construction - and store fit-out.

    It also covers recruiting about 400 workers - which began last week.

    Its first New Zealand store will open at Auckland's Sylvia Park next year.

    US company Costco spent more than 100 million developing its Westgate store.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     19 Jan: An investment in predicting and mitigating influenza
     18 Jan: Former CIA analyst pleads guilty to leaking info on planned Israeli attack on Iran
     17 Jan: China's population has fallen for a third consecutive year, with the number of deaths outpacing a slight increase in births
     17 Jan: Banks are once again jockeying for position -- with ASB lowering its rates this morning, off the back of a move by Westpac yesterday afternoon
     16 Jan: A key site in central Wellington that's been boarded up since 2019, is set to be re-developed
     16 Jan: ‘AI agents’ promise to arrange your finances, do your taxes, book your holidays – and put us all at risk
     16 Jan: Australia's unemployment rate has hit 4 percent, strengthening the case for a Reserve Bank rate cut
     Top Stories

    RUGBY RUGBY
    Women's top seed Aryna Sabalenka has cruised into the quarterfinals of the Australian tennis Open, after a straight sets win over Mirra Andreeva in their fourth round match-up More...


    BUSINESS BUSINESS
    An investment in predicting and mitigating influenza More...



     Today's News

    Rugby:
    Women's top seed Aryna Sabalenka has cruised into the quarterfinals of the Australian tennis Open, after a straight sets win over Mirra Andreeva in their fourth round match-up 16:16

    Politics:
    SailGP boss Sir Russell Coutts has confirmed that talks are in place for Auckland to be a long-term fixture on the event's calendar in the years to come 15:26

    Politics:
    {EMBARGOED UNTIL 3PM] 15:16

    Law and Order:
    An increased police presence on Wellington's roads overnight has disrupted antisocial drivers plans 14:56

    Soccer:
    The Wellington Phoenix women's side are out for revenge when they square off against the Newcastle Jets this afternoon at Jerry Collins Stadium in Porirua 14:36

    Entertainment:
    Taylor Swift has been left "heartbroken" by the LA wildfires 14:35

    Sailing:
    The Black Foils are adamant bad starts can be remedied ahead of day two of the New Zealand Sail Grand Prix on Auckland's harbour 14:26

    Entertainment:
    SZA "didn't sign up" for worldwide fame 14:05

    General:
    The Kansas City Chiefs are through to the AFC conference championship game in the NFL, after beating the Houston Texans 23-14 at Arrowhead Stadium 13:46

    Entertainment:
    Julia Stiles is "rooting for" her son to have a career away from showbiz 13:35


     News Search






    Power Search


    © 2025 New Zealand City Ltd