IKEA taps Baltics, others for more wood supplies after shunning…

Posted by January 26, 2023

STOCKHOLM, Jan 26 (Reuters) - IKEA is using more wood from Sweden and the Baltics to make up for not sourcing it from Russia and Belarus which the company has s

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IKEA stores owner Ingka’s annual operating profit rises 9%

Posted by November 25, 2022

STOCKHOLM, Nov 25 (Reuters) - Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual operating profit, as price increases helped it

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ABB raises $209 mln from selling stake in EV charging…

Posted by November 21, 2022

Sale values E-mobility at 2.4-2.5 bln SfrABB aims to float the business in second half of 2023Buyers include investors linked to IKEA and AMAGZURICH, Nov 21 (Re

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