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Despite loud promises at the start of the Russian full-scale invasion in Ukraine, only 372, or 10%, of global companies have completely left the Russian market, the Kyiv School of Economics (KSE) reported on March 7.
Swedish furniture giant IKEA does not have an option to buy back its largest factory in Russia, the new owner said on Tuesday, closing a possible route back to the country should it wish to return... | April 4, 2023
Russian company Invest Plus on Monday said it had completed a deal to buy IKEA's largest Russian production asset, its Novgorod factory, more than a year…
IKEA halted all operations in Russia soon after Moscow sent troops into Ukraine
Swedish furniture giant IKEA said on Monday it had sold its factory in the Russian city of Novgorod to local firm Invest Plus, more than a year after pausing its activities in Russia over the conflict... | March 27, 2023