STOCKHOLM, June 23. /TASS/. Dutch holding Ingka Group, owner of IKEA and Mega shopping malls, hopes to resume its activities in Russia, but does not believe it could happen anytime soon, Reuters reported on Thursday citing a statement from the company.
"We remain hopeful that one day in the future, we will be able to bring back IKEA to the many people in Russia. However, today the preconditions are not in place," the statement said. According to the agency the comment came after Russia's Deputy Minister of Industry and Trade Viktor Evtukhov said that by keeping its Mega shopping malls open, IKEA was "essentially leaving the door open to a return".
On June 15, IKEA announced its plans to sell all four factories in Russia, as well as reduce business in the country. The company does not leave the country completely, keeping "on pause" its retail business suspended since March 4.
