The IKEA Group bought forests in Romania
The IKEA Swedish furniture producer and retailer group bought 33,600 hectares of forests in Romania, thus consolidating its investments in the country. The acquired woodlands are mainly located in central and north-eastern Romania.
”Through this purchase, Romania becomes the first country in which IKEA Group will manage its own forestry operations and we plan to be an example of sustainable management of forests,” IRI Investments Romania Chairman of the Board Frederik de Jong stated. (Gazda Árpád, MTI)
Related news
NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses
The aim of the law defining the framework for responsible…
Read more >Designer shoes made from recycled coffee grounds by Nespresso
Nespresso and the French fashion startup Zèta created street shoes…
Read more >PENNY reduced its energy consumption by 10%
Since 2018, the discount food chain has been working continuously…
Read more >Related news
The first McDonald’s restaurant in Esztergom has opened
The first McDonald’s restaurant in the city of Esztergom opened…
Read more >With BAT’s additional investment of HUF 60 billion, a new production center for smokeless products will be created in Pécs
The investment announced today by the Minister of Foreign Affairs…
Read more >Danone’s quarterly revenue decreased
The revenue of the French food and beverage manufacturer Danone…
Read more >