Ikea announces further investments in Chinese market

Ingka Group, the parent group of Swedish home furnishing giant Ikea, will invest 5.3 billion yuan (EUR 770 million) in China in the fiscal year 2023, the company said in a press conference. The investment will be used for further … Continue reading → The post Ikea announces further investments in Chinese market appeared first on Timber Industry News.

Södra Wood reduces sawn timber production

Published / Reported by TIMBER INDUSTRY NEWS admin1GWMI Source Article EXCERPT Södra…

Hasslacher Group to take over Holzbau Hofer

Source Article EXCERPT The company Holzbau Hofer, which operates in Austria and…

IKEA to sell its four plants in Russia

The Swedish retailer IKEA plans to sell its plants in Russia. The…