Ikea Russia

In Russia, IKEA stores are opening as part of MEGA family shopping centers. As of September 2014, 14 such complexes operate in the largest Russian cities.

One of the organizations representing the company's interests in Russia is IKEA Shopping Centers Russia.

Warehouse complexes

• Distribution center IKEA-Esipovo

History

2024

The court recovered 12.9 billion rubles from IKEA at the suit of the Federal Tax Service

On May 17, 2024, the court ordered IKEA to return 12.9 billion rubles to the Russian budget. The Arbitration Court of the Moscow Region considered the transfer of money abroad for the goods of the Swedish company remaining in Russia "contrary to the foundations of law and order or morality."

Earlier on April 25, 2024, the Arbitration Court of the Moscow Region recovered 12.9 billion rubles from IKEA at the suit of the Federal Tax Service (FTS). We are talking about invalidating the transaction to transfer the specified amount of money to Torg LLC (one of the legal entities IKEA, formerly Ikea Torg LLC) in favor of the Irish company Fami Limited, as well as applying the consequences of the invalidity of the transaction.

The claim is fully satisfied, - the Interfax agency quotes information on the court's website.

By April 26, 2024, the details of the case were not published by the court. Earlier, the Federal Tax Service stated that the deal between Torg LLC and Fami Ltd. could be an attempt to withdraw funds from Russia abroad

On March 7, 2024, the court granted the application of the Federal Tax Service and arrested the property of Torg LLC, including funds in the amount of 12.9 billion rubles. An exception was made for money that is intended to pay salaries, pay taxes, fees and fines. The court attracted Raiffeisen Bank and Market.Trade LLC (Yandex Market marketplace) to the case as third parties. With the last company that acted as a buyer, Torg LLC had an agreement of November 15, 2022 for the supply of consumer goods.

Torg LLC established Ingka Holding Europe B.V., which operates IKEA and Mega retail facilities in different countries. According to TASS, before IKEA left Russia in the structure of IKEA's work in the Russian Federation, Torg played the role of an exclusive wholesale importer of goods under the IKEA brand in the Russian Federation. In addition, the company owns the IKEA distribution center in Esipovo near Moscow.

Irish Fami Ltd is also affiliated with Ingka Holding entities. The company operates in the fund market, deals with bonds, shares, asset management and insurance.^[1]

Marketplace "Sberbank" will occupy the area of ​ ​ all IKEA stores in the shopping center "Mega"

Marketplace "Megamarket," which is developing Sber"," will occupy the area of ​ ​ all stores IKEA in shopping centers. " The Mega conclusion of such a deal was announced on April 4, 2024. More. here

The court arrested the property of the Russian structure IKEA for 12.9 billion rubles

On March 7, 2024, the Arbitration Court Moscow region granted the application of the interregional inspection Federal Tax Service of Russia to take measures as part of a lawsuit against Torg LLC (one of the legal entities IKEA in). Russia As part of the lawsuit FTS , he asks to recognize the transaction on the transfer of funds to Torg LLC towards the Irish company Fami Limited as invalid.

According to TASS, citing the case file, the court arrested Torga's property and funds within the amount of 12.9 billion rubles. The exception is funds intended for paying salaries to employees, as well as for paying taxes and other fines.

The court arrested the property and funds of the legal entity IKEA within the amount of 12.9 billion rubles

As the Federal Tax Service noted in the justification of its statement, Torg LLC is a legal entity of IKEA, which has suspended work in Russia. The company's staff has been greatly reduced, losses have been declared, and the sale of goods has been suspended, so "failure to take interim measures will make it impossible to execute a judicial act if the requirements are satisfied."

The media also report that during the meeting in the arbitration court it became known that IKEA plans to resolve the dispute with the Federal Tax Service in peace. According to media reports, IKEA sent a settlement proposal to the head of the Federal Tax Service, Daniil Yegorov.

A lawsuit against Torg LLC was filed on January 30, 2024. On March 11, the court held a preliminary hearing and scheduled the main hearing for April 11.

IKEA suspended work in Russia in March 2022. In 2022, Torg raised 38 billion rubles, and net losses amounted to 2 billion rubles.^[2]

2023

The new owner restarted production of LDSP at the former IKEA plant in Novgorod

On June 6, 2023, in the village of Podberezye, Novgorod Region, a new enterprise for the production of finished furniture was opened at the site, which was previously occupied by the IKEA Industry Novgorod plant. The new company was named "Extrovert." The work of a plant specializing in the production of chip boards has started here. Read more here.

Komi-based company acquires two IKEA plants in Russia

Two Russian IKEA plants were bought by Luzales from the Komi Republic. This was reported in the press service of the region on February 16, 2023.

We are talking about the factories Tikhvin (Leningrad region) and Vyatka (Kirov region). Its participants did not disclose the financial terms of the transaction.

Luzales LLC is a logging and woodworking enterprise, founded in 1999. The company is engaged in logging, export of forest products, deep processing and sale of finished products. According to the Unified State Register of Legal Entities, by mid-February 2023, the sole owner of the company is Maria Semenyuk, Interfax reports.

On February 16, 2023, the Izvestia newspaper, citing State Secretary - Deputy Minister of Industry and Trade of the Russian Federation Viktor Yevtukhov, wrote that the government commission had approved a deal to sell three IKEA plants in Russia. According to him, the buyers were Slotex (specializing in kitchen countertops and facades) and Luzales.

The capacities left by IKEA will continue to operate in the country, and the products of these enterprises will begin to be sold in domestic retail chains. The Russian and Swedish sides will have to carry out the deal, its amount and parameters are not disclosed.

An Interfax source in the government of the Novgorod region said that two IKEA factories in the region expect to acquire the St. Petersburg Slotex JSC, a manufacturer of kitchen countertops.

It is Slotex that will become the future owner... We had a series of closed-door meetings, their companies attended. At the meetings, the Slotex leadership gave guarantees that it would preserve production and jobs in the Novgorod region, which fully satisfied us, "the agency's interlocutor said in mid-February 2023.^[3]

Putin allowed a Russian bank to buy out a bank associated with IKEA

The President Russia Vladimir Putin signed an order that allowed the sale of Icano Bank (served business IKEA in Russia). " Credit Europe Bank The corresponding document was published on the official Internet portal of legal information on January 26, 2023. More here.

2022

Yandex.Market has agreed to buy out all the remaining IKEA goods in the Russian Federation

In November 2022, Yandex.Market agreed to buy out all the remaining IKEA goods in the Russian Federation.

IKEA fired 10 thousand employees in Russia

In October 2022, it became known that IKEA fired 10 thousand employees in Russia. Before leaving Russia, IKEA accounted for up to five percent of the group's sales in the Russian market.

IKEA is not looking for a buyer for business in Russia and plans to open stores within two years - media

On August 24, 2022, sources told the media that IKEA is not looking for a buyer for business in Russia and plans to open stores and warehouses again within two years. About 700 employees of the company will continue their work - media sources.

Plan to sell four factories in Russia

On June 15, it was announced that IKEA would sell all four factories in Russia. IKEA does not see the opportunity to resume sales in the Russian Federation in the foreseeable future, the company said.

IKEA plans to organize the sale of leftovers from warehouses due to withdrawal from the Russian market, the company said in a statement.

IKEA collaborated with at least 30 large and large number of smaller Russian suppliers of furniture, textiles, and interior items, now nothing will prevent them from producing those products that were previously produced exclusively for supplies to IKEA, under their own brands, said Viktor Yevtukhov, deputy head of the Ministry of Industry and Trade of the Russian Federation.

IKEA is set to pay staff who are facing cuts compensation of seven months "pay to support them during the adaptation and search for new jobs.

Shutdown of activities in the Russian Federation against the background of the conflict in Ukraine

On May 2, 2022, IKEA extended the suspension of its stores in Russia until August 31, explaining that it is now impossible to organize permanent deliveries for full-fledged work. The decision was made against the background of Russia's special operation in Ukraine.

2021

14 IKEA hypermarkets in Russia began to operate on solar panels

On October 12, 2021, the group Ingka announced the transfer to solar energy of 14 large stores IKEA in. In Russia the future, it is planned to transfer all shopping centers to renewable sources. "" Mega More. here

FCS opened a case against the company for underpayment of 1 billion rubles

In June 2021, the FCS opened an administrative case against the Russian division of IKEA for underpayment of 1 billion rubles.

Prices for Ikea products in Russia are lower than in other countries

2020: IKEA opens third store in Moscow

In the fall of 2020, home goods retailer IKEA will open a third urban format store in Moscow. RIA Novosti writes about this with reference to the press service of the retail network in January. The exact date of the opening of the store in IKEA has not yet been announced.

The outlet will start working in the Europolis shopping center on Mira Avenue (located within walking distance from the Rostokino MCC station). The area of ​ ​ the store will be 11.8 thousand square meters. m. Unlike other hypermarkets of urban format, an online order point will appear here on the website of the retail network. Also, the store will have a warehouse with an area of ​ ​ 2 thousand square meters. m.

The first urban format IKEA store in Russia opened in June 2019. He works in the Aviapark shopping center near the CSKA metro station. Plans to open the second were reported in December. The store will start working this summer in the Mosaika shopping and entertainment center near the Dubrovka MCC station.

2019: Electric Vehicle Delivery Launch

On September 25, 2019, IKEA announced in Russia a service for the delivery of goods on electric vehicles. The company wants to check how cars without internal combustion engines can withstand the Russian cold.

According to RBC, citing the general director of the Russian representative office of IKEA, Pontus Ertnell, a pilot project to deliver orders to customers on electric vehicles will be launched in Moscow at the end of November 2019.

We want to test how cars will work in winter conditions, "he said, without naming the timing of the completion of testing.

The first store to begin testing a new type of delivery will be IKEA "Teply Stan" in Moscow. By the end of September 2019, preparatory work is underway there, equipment for charging vehicle batteries has been installed. The partner will provide electric vehicles for the project, but the retailer did not say anything about it.

Pontus Eartnell stressed that the question is not whether the company will switch to electric vehicles, but how it will do it.

At the first stage, two electric vehicles will deliver orders for a distance of up to 30 kilometers. After the IKEA Teply Stan store, delivery by electric vehicles will be tested at the point of sale in Khimki.

The Ingka Group (the head structure of IKEA) aims to completely transfer furniture delivery to electric vehicles by 2025. By 2020, the company intends to use only such transport for delivery in five cities - Amsterdam, New York, Los Angeles, Paris and Shanghai. IKEA does not have its own cars, the company uses partner cars.

RBC recalls that IKEA is among the companies that signed an open letter to the UN, in which representatives of more than 2 thousand firms and organizations promised to help reduce carbon emissions into the atmosphere by 26% by 2025^[4]

2017

Priority projects in Russia for the coming years

Swedish home goods retailer IKEA will invest 82.5 billion rubles in the coming years. in four projects aimed at increasing the volume of retail space. RBC writes about this in October 2017 with reference to the company's data. We are talking about the construction of two new shopping complexes and the expansion of two existing ones.

In particular, in St. Petersburg, the construction of the Mega Novoselye shopping center with a total area of ​ ​ 150 thousand square meters. m. The opening of the mall will take place in two stages. In 2019, the IKEA hypermarket will start working, in 2021 the remaining areas will be commissioned. Investments in the project will amount to 23 billion rubles. The shopping complex will be IKEA's third in the northern capital.

The first "Mega" in the next two years will begin to build in Chelyabinsk. The area of ​ ​ the shopping center will be 140 thousand square meters. m, the opening is scheduled for 2020. Investment in construction will amount to 18 billion rubles.

By the end of the year, work will begin on the expansion of the Mega Teply Stan shopping and entertainment center in Moscow. The total area of ​ ​ the facility will grow by 66 thousand square meters. m up to 224 thousand square meters. m Reconstruction will cost 27.5 billion rubles.

Finally, an expansion of the Mega Adygea-Kuban shopping center is planned in Krasnodar. During the reconstruction, the shopping complex will be almost doubled. Now its total area is 130 thousand square meters. m. IKEA estimated investments in the project at 14 billion rubles.

In 2016, it was reported that the Swedish retailer intends to invest 100 billion rubles in the expansion of the retail network in Russia. Within five to seven years. This amount includes the costs of both the construction and expansion of the Mega shopping and entertainment center and the increase in the area of ​ ​ the network's distribution center in the Esipovo technopark near Moscow.

Relocation of the construction of the center in Voronezh

The Swedish retailer IKEA has postponed the start of construction of a hypermarket in Voronezh to the spring of 2018. This was stated by the head of the Department of Economic Development of the Voronezh Region Anatoly Bukreev. His words are quoted by Interfax.

"The start of construction has been postponed due to the fact that the company is adjusting its commercial plans. IKEA is not abandoning its plans and the project will be implemented, "the official said. Earlier it was reported that a hypermarket with an area of ​ ​ 44 thousand square meters. m will be opened at the end of 2017

.

What exactly caused the next postponement is not exactly known. As the local Business Information Agency wrote, in January IKEA was unable to challenge the cadastral value of the site under the future hypermarket. The company intended to reduce it by almost half from 2.78 to 1.61 billion rubles.

The construction of the hypermarket has been postponed several times since 2009. Then the retailer acquired 101 hectares of land in the Novosumansky district. The cost of the site was estimated at $50 million. The project was first frozen in 2010, according to some reports, due to the crisis. The company returned to plans to build a retail facility in Voronezh in 2014.

Refusal to build a center in Mytishchi

In February 2017, it became known that IKEA plans to put up the rights to a long-term lease of about 50 hectares near the village of Chelobityevo for sale, three consultants who worked with the company said, and one of its partners confirmed. According to them, this means that the Swedish holding finally turned out to be from the construction of the Mega Mytishchi shopping center, which was supposed to become the largest complex in its portfolio. A person with knowledge of the company's plans confirmed the information.

IKEA first announced plans to build retail facilities in Mytishchi district with a total area of ​ ​ about 400,000 square meters. m back in 2010. Then investments in this project, which was planned to be commissioned in 2013, were estimated at $1 billion. In 2015, the Swedish company reported on the facility by 215,000 square meters. m. It was planned to be completed by 2018. Then Olga Shevtsova, director of commercial development at IKEA Centers Russia, told Interfax that investments in the project would amount to 30 billion rubles^[5].

True, the construction of the complex did not begin. IKEA for a long time could not agree on the boundaries of the protection zone with the nearby Church of the Annunciation of the Blessed Virgin Mary (XVII century), say two consultants who worked with the company. In addition, according to them, the decision to abandon the project was also influenced by the excessive amount of expenses that IKEA was supposed to incur on the construction of a transport interchange at the intersection of the Moscow Ring Road and Ostashkovsky and Yaroslavsky highways. A spokesman for IKEA's Russian office declined to comment. However, the general director of IKEA Centers Russia Milen Genchev in an interview with Vedomosti in 2016 admitted that the company could abandon the project in Mytishchi if it was possible to find a more profitable alternative nearby. The speed of coordination of the project differs from the planned one and there is a question about its economic feasibility in connection with investments in transport infrastructure, Genchev noted then.

IKEA plans to invest about 100 billion rubles in the next 5-7 years. in the construction of new shopping centers, expansion and improvement of existing facilities, Genchev told Vedomosti. According to him, Moscow and St. Petersburg remain priority regions for the company, but it plans to develop in other cities of Russia.

From the sale of lease rights to the land plot IKEA can gain 2-5 billion rubles, calculated the managing partner of Colliers International Nikolay Kazansky.

This territory could be of interest to developers of both commercial and residential real estate, says Olga Shirokova, director of the consulting department at Knight Frank. For both options, the prospect of appearance in the immediate vicinity of Art. m. "Chelobityevo," but plans for the construction of this station have not yet been finally approved. Earlier, IKEA announced that it was ready to invest about 1 billion rubles in Chelobityevo.

IKEA has long been looking for an alternative to the project in Mytishchi, three consultants know. Genchev in an interview with Vedomosti confirmed this: the northeast, east and west directions of Moscow are very important for the company. So, she was negotiating the purchase from the development company Central Properties of the Vesna shopping center (129,000 sq. M.) In Altufyev, as well as adjacent industrial buildings that could be used to expand the complex, three consultants know. The Swedish company has returned to negotiations on the purchase of Vesna for the third time, one of IKEA's partners knows. Another partner says that IKEA did not leave the negotiations, just the negotiations are held in a sluggish mode. A spokesman for Central Properties declined to comment.

In 2016, IKEA refused to build a new complex on the territory of the former vegetable depot between Zvenigorodsky and Khoroshevsky highways. The company explained this by the huge amount of required investments and problems with logistics, Shevtsova explained. The parameters of the object were not called then, but the structure close to the Peresvet group wanted to build the Green Mall shopping center there on 315,000 square meters. m.

2014: Approval of a new strategy in Russia

September 18, 2014 it became known that IKEA will invest 260 million euros in the opening of a new store and shopping center "Mega" in Mytishchi near Moscow, which was previously repeatedly postponed. This was announced by IKEA Shopping Centers Russia CEO/developer and owner of IKEA shopping centers in Russia/Armin Mikaeli as part of the presentation of the company's updated development strategy in the Russian Federation.

According to him, the opening of the shopping complex - the fourth in the Moscow region - is scheduled for 2018, while the IKEA store in Mytishchi will open a year earlier. The area of ​ ​ the Mega shopping center will be 215 thousand square meters. The company expects that the shopping center will be able to receive from 25 to 30 million visitors annually.

As ITAR-TASS Mikaeli clarified after the presentation, the announced amount of capex does not take into account possible investments in the development of transport infrastructure around the future shopping center.

"While we are talking about the possibility of investing in the expansion of access roads and exits from the Moscow Ring Road. We are also interested in building a metro station in Mytishchi and are ready to discuss joint financing of some part of the costs with the local administration, "Mikaeli

said.

However, there is no understanding yet where exactly the new metro station will be located, and when it will be put into operation, so it is too early to talk about the possible amount of investment in this project from IKEA, the top manager added. At the same time, he stressed that the opening of the metro in this area may be beneficial to other retailers, in connection with which IKEA is ready to discuss joint financing of the construction of a new station with other market participants.

In addition to the shopping center in Mytishchi, IKEA intends to open a shopping complex in Voronezh by the end of 2018. Investments in this project are planned in the amount of about 220 million euros.

In addition, IKEA Shopping Centers Russia intends to significantly modernize its five shopping centers in the next three years/a total of 14 in the Russian Federation/- one each in Kazan, Yekaterinburg and the Krasnodar Territory, as well as two in the capital region/Mega Teply Stan and Mega Khimki/, Olga Shevtsova, director of commercial development of the company, said as part of the presentation. Moreover, the last three are waiting for not only the update, but also the expansion of the area by almost 2 times. Upgrades include revamping the facade, widening the food court and the arrival of an outdoor cafe, creating a parkland close to the mall, as well as renovating retail galleries.

In general, IKEA has planned investments for the construction of two new shopping centers and the modernization of five existing ones in the amount of 2 billion euros. However, Michaeli does not rule out that this figure can be increased if a decision is made to further expand the network. According to Mikaeli, all million-plus cities are interesting for companies in Russia.

2013: Sales growth in Russia by 18%

Sales of IKEA in Russia for the fiscal year 2013 increased by 18%.

Notes