Sale of IKEA Russian factories in Russia receives approval

On February 15, the Russian government commission approved a deal to sell…

Välinge’s parent company acquires Croatian furniture maker

Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group…

Välinge’s parent company acquires Croatian furniture maker

Pervanovo, the parent company of Bjelin industries in Croatia and Välinge Group…

IKEA’s FY sales jump as it starts to lower prices

Ikea’s global sales increased 5.6% to €39.5 billion in its 2022 financial…

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.

Ikea announces further investments in Chinese market

Ikea announces further investments in Chinese marketGWMI Adminhttps://www.globalwoodmarketsinfo.com/wp-content/uploads/2015/12/cropped-favicon-32×32.png Ingka Group, the parent…

Unprecedented period of change in European wooden furniture sector

Source Article EXCERPT The last two and half years, marked from the…

Unprecedented period of change in European wooden furniture sector

The last two and half years, marked from the start of 2020…

IKEA plans to sell its four plants in Russia

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