Baku 19° C
Swedish furniture company to sell 4 factories in Russia
Business
- 15 June, 2022
- 11:49
Add Report.az to preferred Google sources
Stay up to date with the top news!
Swedish furniture company IKEA scales down its business in Russia and will sell four of its factories there, Report informs citing Russian media.
According to the information, the company suspended selling its products in stores and online.
“Businesses and supply chains across the world have been heavily impacted and we do not see that it is possible to resume operations any time soon,” the company said in a statement.
Author
Latest News
17:07
Azerbaijan expanding use of AI for research, workforce development
ICT
16:49
Azerbaijan welcomes nomination of OSCE SecGen for UN chief post
Foreign policy
16:31
Azerbaijan's startup ecosystem value nears $600M
ICT
16:06
Spain's U-15 World Cup title won in Baku to be remembered for life, coach says
Football
15:45
New format of FIFA U-15 World Cup and Festival in Baku praised by FIFA's Arsene Wenger
Football
15:36
Khamenei orders army to implement 'immediate response without geographical limitations' to any threat
Other countries
15:12
Two Azerbaijani freestyle wrestlers reach World Championship semifinals in Astana
Individual sports
14:56
Photo
Official reception marking Azerbaijan's Victory Day held in Tashkent
Foreign policy
14:40
Heart transplants to become systematic practice in Azerbaijan, expert says
Health