UPDATE ON IKEA POSITION ON RUSSIA

On 3 March, Inter IKEA Group and Ingka Group announced the pausing of IKEA operations in Russia and Belarus as a consequence of the war in Ukraine. Since then it has been a priority to provide support and security to co-workers, and the Groups of companies have been able to guarantee 6 months0 salary for all co-workers, as well as core benefits.

Unfortunately, the circumstances have not improved and the devastating war continues. As a consequence, Inter IKEA Group and Ingka Group have now each decided to enter a new phase to further scale down the IKEA business in Russia and Belarus. At this link you can find further information IKEA to scale down business operations in Russia and Belarus | Ingka Group