STOCKHOLM — Swedish furniture giant IKEA says today it will suspend its activities in Russia and Belarus, affecting nearly 15,000 employees, 17 stores, and three production sites, in response to the war in Ukraine.
The move is the latest in a slew of responses by companies to Moscow’s invasion of its neighbor, while the United States, the European Union, and Britain have all unleashed severe economic sanctions, including the targeting of Russian banks and its transport sector.
“The war has had a huge human impact already. It is also resulting in serious disruptions to supply chain and trading conditions. For all of these reasons, IKEA has decided to temporarily pause operations in Russia,” the company says in a statement to AFP.
The suspension mainly concerns Russia, where the Swedish group has been present since 2000 and is one of the largest Western employers.
Operations in Belarus will also be halted, though the country hosts only a few suppliers and has no shops, according to IKEA.
Videos on social media show long lines at IKEA stores in Russia as shoppers take their last chance to stock up on the furniture maker’s wares.
Help us report truthfully on social media
As a multimedia journalist, my job is to take the quality, fact-based journalism produced by The Times of Israel newsroom and make it accessible across every platform — from Instagram posts to podcasts to short-form videos.
This is how many, especially young people, consume news these days. But misinformation is rampant on social media. Our team at ToI produces accurate, responsible short-form reporting on Israel and the Jewish world.
If you believe in the importance of factual social media journalism, please consider joining our reader support group, The Times of Israel Community. Your financial support is essential to sustain responsible multimedia reporting.
— Gabriella Jacobs, multimedia journalist
Support our work
Support our work
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this