Ikea has been swindled out of 1.5 billion kronor ($189 million) in Russia, company founder Ingvar Kamprad revealed on Sommar, a show on Sveriges Radio P1.
“We were completely fooled when it came to electricity and gas deliveries. Something that is going to cost us more than 1.5 billion kronor. I know that this will become a legal matter,” he said, according to Sveriges Radios Ekoredaktion.
Ikea currently has eleven stores in Russia.
Kamprad also revealed that during a recent board meeting he had put forth the idea of establishing an Ikea location in Iran, but this was set aside due to opposition by other board members.
US President Joe Biden, France's Emmanuel Macron and German Chancellor Olaf Scholz will not be receiving New Year's greetings from Russian leader Vladimir Putin, the Kremlin said on Friday.
As the world gears up to ring in the New Year this weekend, Putin sent congratulatory messages to the leaders of Kremlin-friendly countries including Turkey, Syria, Venezuela and China.
But Putin will not wish a happy New Year to the leaders of the United States, France and Germany, countries that have piled unprecedented sanctions on Moscow over Putin’s assault on Ukraine.
“We currently have no contact with them,” Kremlin spokesman Dmitry Peskov told reporters.
“And the president will not congratulate them given the unfriendly actions that they are taking on a continuous basis,” he added.
Putin shocked the world by sending troops to pro-Western Ukraine on February 24.
While Kyiv’s Western allies refused to send troops to Ukraine, they have been supplying the ex-Soviet country with weapons in a show of support that has seen Moscow suffer humiliating setbacks on the battlefield.
Please whitelist us to continue reading.
So this website can function correctly please whitelist The Local with your adblocker, antivirus software or browser add on.
Please visit the help centre for more information
Member comments