The media reported on the complete withdrawal of IKEA from Russia. The company announced the “reducing the scale of business” and “optimization” for employees

The Swedish retail chain IKEA, which produces furniture and household goods, has decided to leave Russia completely. This is reported by the Russian media , citing sources in the company.

The decision was announced to the company’s management in Russia during the general meeting, which took place on June 15, learned the telegram channel “Caution, news” . According to him , IKEA employees are offered to quit by agreement of the parties, keeping their salaries until the end of August, and the factories will be sold to another owner.

A source of the Govorit Moskva radio station said that IKEA management called the decision to leave the Russian market one of the most difficult decisions in the history of the company. According to the interlocutor of the radio station, IKEA “wants to return to Russia, but it is not clear when this will be.” He connected the departure of the company with sanctions and problems in logistics.

The press service of IKEA told RBC that the company decided to “reduce the scale of business” in Russia, and “optimization” awaits employees.

“Over the past few months, the situation with business processes and supply chains around the world has deteriorated greatly. In view of this, we do not see the possibility of resuming sales in the foreseeable future … This is a difficult decision, but we believe that it is necessary. The retail business of IKEA in Russia remains on pause,” the company said.

Representatives of the brand confirmed the information about the sale of four factories in Russia (in the Leningrad, Kirov and Novgorod regions) and  assured that the Mega shopping centers owned by IKEA will continue to work in the country.

The company announced the sale of household goods left in IKEA warehouses. The date of the start of sales will be announced on the official website of the retailer.

(C)UNIAN 2022

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.