IKEA uses more wood from Sweden and the Baltic states to make up for the lack of supplies from Russia and Belarus due to the conflict in Ukraine. Reuters.
“We were able to exchange these volumes in other countries in a very hot timber market,” a company spokesperson said.
He said Sweden, the Baltic States, Poland and Germany are among the countries where IKEA has increased its wood supply as a result of the war in Ukraine.
It was previously reported that an agreement is planned for the sale of Swedish retailer IKEA’s factories in Russia. close in the first half of 2023. However, proper permission from the government will be required to complete it.
At the same time, the department did not specify which potential buyers are currently claiming the Swedish retailer’s Russian assets. In the Russian market, IKEA has several factories, including in the Novgorod and Leningrad regions.
Source: Gazeta
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