Tag: IKEA

Big Western Companies Are Pumping Cash Into Russia

Economy, Business, Investment, Trade, Europe, EU, Russia & the West, United States, U.S.-Russian Relations
File Photo of Ikea Store with Russian Language Facade and Shopping Carts

(Bloomberg – bloomberg.com – Ilya Khrennikov – November 22, 2016) [Charts here bloomberg.com/news/articles/2016-11-23/bouncing-back-putin-s-shrunken-economy-lures-foreign-investors] Even before the U.S. presidential election raised hopes of warmer ties with the Kremlin, some big Western companies were betting Russia’s economy will soon come out of the deep freeze. Big retailers like Sweden’s Ikea Group and France’s Leroy Merlin SA have begun pumping billions of dollars […]

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Ikea Growing Humility in Russia One Employee at a Time

Economy, Business, Investment, Trade, Europe, EU
File Photo of Ikea Store with Russian Language Facade and Shopping Carts

(Moscow Times – themoscowtimes.com – Lena Smirnova – June 21, 2013) With the coveted title of Russia’s biggest shopping mall operator, Ikea Shopping Centres leads in a market that is expected to become Europe’s second largest in the next 18 months. It recently celebrated its 10th anniversary and is making big plans for the future. The milestone closes a decade […]

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