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Belarusian Swed House may open ten stores in Moscow in 2023

The Swed House company produces household goods, furniture, textiles, similar in assortment and list to the products of the departed chain, said Bulat Shakirov, head of the Union of Shopping Centers

MOSCOW, February 27. /TASS/. Swed House, the Belarusian manufacturer of products similar to IKEA, may open ten stores in Moscow in 2023, head of the Union of Shopping Centers Bulat Shakirov told TASS.

"Our Union has signed an agreement on cooperation with Swed House, which is making products similar to IKEA, in order to open ten stores in Moscow with the area up to 1,000 sq m in 2023," Shakirov said. It is planned to open up to fifty stores across Russia in recent years, he noted. The Union also started negotiations for Swed House to become the tenant of Mega shopping centers, Shakirov added.

"We have received recently more than one hundred requests from shopping centers that want to accommodate them [Swed House - TASS]. It is not important whether they are in the Moscow downtown, at the Moscow Ring Road or in bedroom communities. Furniture, home products and textile will enjoy the demand in any case," Shakirov said.