IKEA is looking for a new owner for its four plants in Russia

By: Trademagazin editor Date: 2022. 06. 15. 11:14

“We do not see an opportunity to resume sales in Russia in the foreseeable future,” IKEA told BBC.

IKEA would sell its plants in Russia

The Swedish furniture manufacturer announced on Wednesday that it would downsize its operations in Russia, citing “the impact on stores and supply chains worldwide are serious”.

IKEA temporarily closed its stores and suspended purchases in Russia due to the war started in March, but will continue to pay its employees until August. The company has now said it is looking for new owners for its four factories in Russia. (telex, Csatári Dóra Flóra)