Former Ikea plants in Novgorod and Tikhvin resume production

Following sales agreements reached at the end of March 2023 concerning the Russian plants of the Ikea Group, new owners Invest Plus OOO (St. Petersburg) and OOO Luzales (Syktyvkar, Komi Republic) resumed production in mid-May. Invest Plus, which is controlled by Vadim Osipov, produced the first board at the particle...

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