Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

IKEA to Build New Plant in Russia
5.02.2013 16:13
IKEA to Build New Plant in Russia
Photo Credit: http://katerinahotels.wordpress.com

IKEA Industry Group is planning to build a furniture plant near Nizhny Novgorod, according to its CEO, Leif Hultman.


      
The regional authorities have said they are prepared to offer tax breaks for the company in exchange for new jobs in the real sector of the economy that will be created.

      
Mr Hultman did not disclose the deadlines or the size of investment. He promised, however, that it will be a ‘big enterprise’.

      
Overall, IKEA has placed almost 100 billion roubles in investment in Russia. 

Sources: http://www.vedomosti.ru http://www.ikea.com 

Author: Mikhail Vesely

Tags: IKEA Nizhny Novgorod Russian plants investment in Russia  

Next Previous


You might also find interesting:

'Technical' Recession Expected in Russia in 2Q and 3Q
22.04.2014
Loan Rates Could Be Forced To Go Down
26.09.2013
Russian Post Picks New Man to Overhaul Financial Services
31.01.2014
Magnit Co-Owner Sergey Galitsky Businessman of the Year
06.01.2014
Inflation In June Went Up
08.07.2014



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
protest actions  Russian Premier League  Russian tourism  Russian painters  Russian hotels  Russian regions  Russian people  protests  Norilsk Nickel  pensioners in Russia  Russian business  Yekaterina Koneva  migrants in Russia  Sights of St. Petersburg  Russian polical parties  Comics  Russian history  Exhibitions in Moscow  telecommunications  Tsaritsino  Vladikavkaz  Moscow  Nizhny Novgorod  Concerts in St. Petersburg  Ufa  Persian Leopards   Russian Literature  Varvara Stepanova  Russian Internet blacklist  Moscow City Library Centre  Aeroexpress  Paleontology  Madonna  Festival of graphics  Stanislav Cherchesov  Russian airlines  Russian events  TNK-BP  Russian Chanson  Vasily Shuisky  Archeology  Russian Cinema  Mark Reizen  Moscow hotels  Burial Grounds  Russian Rock Music  Russian military  Garage Center  Snezhinsk  Russian politics 


Travel Blogs
Top Traveling Sites