IKEA’s parent company buys forestland in Finland, Estonia and Latvia

Ingka Investments, the investment arm of Ingka Group, the parent company IKEA…

Ikea pushes for new price cuts; sees economic and supply chain improvements

Two years ago, Ingka Group, Ikea’s parent company, faced challenges and increased…

Will Ikea withdraw from Poland? Loss of FSC certification causes competitiveness problems

Poland’s State forests did not reach an agreement with FSC, to the…

Gazprombank buys IKEA stores owner’s in Russia

Gazprombank Group has agreed to buy IKEA owner Ingka Group’s 14 MEGA…

Ikea to cut furniture prices as supply chain starts to ease

Ikea has promised to pass on cost savings to customers by cutting…

IKEA’s sales grow 6.6% in FY 2023

Inter Ikea Group has reported that the total retail sales for Ikea…

Layoffs hit polish Ikea factory amidst industry challenges

Layoffs have commenced at the Polish Ikea factory in Goleniów, Poland. Over…

IKEA retail announces biggest ever investment in US

Ikea is investing more than $2 billion in the U.S. for growth…

Invest Plus became the owner of Russia’s largest IKEA asset

Invest Plus LLC has completed a deal to purchase Russia’s largest production…

Sale of IKEA Russian factories in Russia receives approval

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