Swedish furniture company IKEA announced that it will “further scale down” business in Russia and Belarus in a statement on Wednesday.
The company had already paused operations in both countries on March 3 due to the war in Ukraine, but said “unfortunately the circumstances have not improved.”
Businesses and supply chains across the world have been heavily impacted and we do not see that it is possible to resume operations any time soon,” it added.
SOURCE: NEWS AGENIES