Global Trade Alert
Global Trade Alert

Russia: Government clears the divestment of IKEA

Announcement

16 Feb 2023

In February 2023, the Russian government reportedly authorised the sale of IKEA's factories to local companies. 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

16 Feb 2023

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 16 February 2023, the Russian media consistently reported that the Government Commission for Control Over Foreign Investments authorised the sale of IKEA's Russian factories to local companies. The...

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