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Companies in the timber industry / Daily News / Global Trends / Furniture / Wood Products / Europe / Global
October 11, 2021

IKEA to shift more production to Turkey due to global supply chain problems

IKEA to shift more production to Turkey due to global supply chain problems
Swedish-based furniture retailer IKEA is planning to minimise problems with global supply chain and increased shipping costs by moving more productions to Turkey.    “Due to shipment problems we faced during the pandemic, we are attempting to have more manufacturing in Turkey,” IKEA’s chief financial officer Kerim Nisel said.    “We all saw in the pandemic that diversification is so important. It might not be a good strategy to produce items in one country and then try to transport them all around the world.”    Products such as armchairs ...

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