IKEA posts record sales on booming online revenues
IKEA reported annual sales above 40 billion euros ($44 billion) for the first time on Wednesday [...]
October 3, 2019
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood Furniture / Europe
IKEA shuts down its last plant in US
IKEA Industry will close its plant in Danville, Virginia, at the end of the year. As evidenced by several identical [...]
July 23, 2019
Companies in the timber industry / Latest Trends / ...Wood Furniture / Europe / North America
IKEA completes expansion of furniture factory in Poland
IKEA Industry has completed the expansion of its factory in Zbąszynek, Poland. The site is now the largest furniture [...]
May 20, 2019
Latest Trends / Market Analysis / ...Wood Furniture / Europe
IKEA plans to enter Mexico
IKEA is exploring locations in Mexico City, Guadalajara and Monterrey to open its first store in [...]
April 8, 2019
Companies in the timber industry / Wood Furniture / ...Europe / South America
IKEA and UPM to grow wood sourcing in Russia
On 25 February 2019, Hasslacherles, UPM Chudovo, IKEA Industry Novgorod and the Administration of the Novgorod region have signed a [...]
March 7, 2019
Companies in the timber industry / Latest Trends / ...Sawmilling / Wood Furniture / Russia
IKEA Group will conduct an audit at Kronospan’s mills in Poland
The IKEA Group will conduct an audit at the Polish mills of the Austrian company Kronospan, which is [...]
January 28, 2019
Companies in the timber industry / Wood Furniture / ...Wood-based Panels / Europe
IKEA plans a $450 million investment in Vietnam
Swedish furniture giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in [...]
January 23, 2019
Companies in the timber industry / Latest Trends / ...Wood Furniture / Wood-based Panels / Asia & Middle East / Europe
IKEA sells a particleboard plant in France
IKEA Industry AB, part of the Inter Ikea Group, has accepted the takeover offer made at [...]
January 10, 2019
Companies in the timber industry / Market Analysis / ...Wood Furniture / Wood-based Panels / Europe
IKEA speeds up its transition as to meet unprecedented change of global retail trade
The Ingka Group (Ingka Holding BV and controlled entities) is speeding up its transformation plans. The company plans to invest [...]
December 3, 2018
Companies in the timber industry / Latest Trends / ...Market Analysis / Wood Furniture / Wood-based Panels / Europe
IKEA’s sales grow following India expansion and higher online sales
Swedish furniture giant IKEA reported rising sales for the year to August, helped by a big [...]
October 18, 2018
Companies in the timber industry / Latest Trends / ...Wood Furniture / Asia & Middle East / Europe