Sale of IKEA Russian factories in Russia receives approval
On February 15, the Russian government commission approved a deal to sell three IKEA factories in Russia. The buyers are two large domestic manufacturers — the Slotex company (specializing in kitchen worktops and cabinets) and the lumber manufacturer Luzales. Viktor Evtukhov, Deputy Head of the Ministry of Industry and Trade, said in interview to Russian media. The price and the form of payment are not disclosed. IKEA previously said it plans to close the deal in the first half of 2023. Slotex specializes in the production of kitchen worktops and cabinets. The owner of 100% of Slotex ...
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