IKEA has declared it is ready to invest $130m in the construction of a store in the Rostov region. A corresponding agreement has been achieved at a meeting of Rostov regional deputy governor Ivan Stanislavov and representatives of IKEA MOS.
The deputy governor stressed that regional authorities were interested in the construction of an IKEA store and were ready to provide assistance to the implementation of this project.
IKEA is planning to open two new stores in Russia every year.
After WWII, the Soviet army left Austria, and the latter had always remained a neutral state and never joined NATO
Russia experienced default on August 17, 1998. Today, 20 years after those events, the economic situation in Russia does not seem stable to many