IKEA sells its factories in Russia

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IKEA continues to reduce its activities in Russia
Pixabay \ Konrad Krajewski
15:15, 15.06.2022

IKEA will also lay off workers in Russia



This was reported by the press service of IKEA.

They say they have taken the next step to scale down their business in Russia and Belarus.

On March 3, the IKEA group of companies announced the suspension of IKEA activities in the Russian Federation and Belarus due to the war in Ukraine. Stores there have ceased operations, but the company has retained a 6-month salary for all employees.

Now the import and export of IKEA products to the Russian Federation and Belarus, as well as from these countries, will stop. Two purchasing and logistics offices in Moscow and Minsk, owned by IKEA, will close permanently.

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Artur Zayonts

Artur Zayonts specialises in news from the frontline. A historian by education, Arthur has always sought to bring depth and context to his journalistic work.

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