The appeal supported the recovery of 177 million rubles from Ikea for the refusal of TV advertising

2023-05-24 12:19:37

Ikea in numbers

According to Ivan Fedyakov, CEO of Infoline, Ikea’s business in Russia worked with a small margin: in 2021, the company’s revenue was about 157 billion rubles, and profit was about 4–5% of turnover. Ikea occupied up to 20% of the Russian home goods market. In addition, 14 Mega shopping centers are owned by Ingka Centers (part of the Ingka group of companies, which owns the Ikea brand). A Vedomosti source among real estate consultants says the Swedish owners have not yet made a final decision on whether to sell their latest assets in Russia.

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