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:

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. 


Author: Mikhail Vesely

Tags: IKEA Nizhny Novgorod Russian plants investment in Russia  

Next Previous

You might also find interesting:

Russian Parliament Gathers for Autumn Session
The Poorest Cities in Russia
Power of Siberia Construction
Gazprom Total Sales Up 6%
Russia's Foreign Debt Estimated at $600 Billion for 2014

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Russian tourism  Russian artists  Samara  invalids in Russia  Mai Miturich  Russian Literature  Kirov Region  Psaltery  Nathan Altman  Arkady Dvorkovich  Elizaveta Tuktamysheva  Burial Grounds  World Music  Painting  Opposition  Moscow  Russian Film Directors  censorship in Russia  Yakutia  Archeology  Best City in the World  Exhibitions in Moscow  Uralkali  Kursk Region  Igor Sechin  VIVA VOX  Moscow Museums  Russian tennis players  Unpiloted Aircrafts  Murmansk Monuments  Russian agriculture  VTB Group  crisis  time zone  Russian Tourism Road Show  Russian police  Russian history  Russian politics  Vladimir Narbut  Russian business  Barrows  Yanka Dyagileva  Russian opera singers  Russian Cinema  The Imperial gardens of Russia  Russian writers  Arkhangelsk Region  St. Petersburg  Pussy Riot  PhosAgro 

Travel Blogs
Top Traveling Sites