The deal to sell the IKEA factory in Novgorod may close in early 2023
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The deal to buy the IKEA furniture factory in Novgorod may close before the end of the first quarter of 2023, it is at the final stage, informed In an interview with RIA Novosti, Governor of the Novgorod Region Andrey Nikitin.
“The deal is in its final stages. Negotiations are underway, there are several specific interested parties. The decision should be made by the headquarters of the specified company, which, as you understand, is located outside the Russian Federation, after which the agreement on the transaction will take place at the level of the Ministry of Industry and Trade of Russia, where the final decision will be made, respectively, ”he said.
Who exactly can become a buyer of the factory, Nikitin did not specify. According to him, all potential investors visited the plant, and in November-December, production was launched in a test mode so that potential buyers could evaluate the plant’s capacity.
On March 4, IKEA temporarily closed its stores in Russia amid a Russian special operation in Ukraine, logistical problems and sanctions. In mid-June, it became known that the company was looking for buyers for its four factories in Russia, as well as reducing staff and selling off the rest of the goods. In mid-October, the CEO of Ingka Group (the parent company of the retailer), Jesper Brodin, announced the dismissal of 10,000 employees from IKEA, out of a total number of employees in the country of 12,000.
The sale for employees took place at the end of June in the stores of the chain. On July 5, an online sale for customers began, which lasted until August 15. Customers have repeatedly complained about site failures. Difficulties arose due to the large number of people who wanted to buy IKEA products. To solve the problem, the company limited the number of people who can be on the site and make purchases at the same time, and introduced an online queue.
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