Clean Break: the company completely halting Russian engagements or exiting Russia
Leave Withdrawal
IKEA is a multinational conglomerate that designs and sells ready-to-assemble furniture, kitchen appliances and home accessories, among other goods and home services.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalGlobal 500, is an annual ranking of the top 500 corporations worldwide
Global 500Top 100 largest companies in Russia by revenue
Top 100The production group is represented in Russia by four furniture factories: in the city of Esipovo (Moscow region), Tikhvin (Leningrad region) and the city of Veliky Novgorod and the town. Krasnaya Polyana (Kirov region).
Fold up Russian presence. IKEA stores owner Ingka Group said in response to speculation that it might resume sales in Russia that it was open to returning one day but the conditions were not in place right now. IKEA reopens for online fire sale in Russia before market exit. It is noted that the application for the liquidation of "Ikea House" LLC was submitted on August 15, the relevant documents will be ready on the 23rd.
| June 07, 2022 | IKEA exits the banking business in Russia - mass media |
| August 16, 2022 | IKEA decided to liquidate its Russian "daughter" |
| August 16, 2022 | IKEA decided to liquidate its Russian "daughter" |
| May 17, 2022 | Russian furniture chains eye IKEA's shuttered factories, stores |
| June 22, 2022 | IKEA stores owner Ingka hopeful of return to Russia one day |
| February 03, 2022 | IKEA stops work in Russia |
| March 03, 2022 | IKEA temporarily closes stores in Russia, flags bigger price hikes |
| July 10, 2022 | IKEA will continue to pay salaries to 15,000 workers in the Russian Federation until August |
| March 03, 2022 | IKEA pauses operations in Russia and Belarus |