Swedish companies close in Russia after criticism

Photo of the day almost 22 years ago when the first Ikea store opened in Russia, just outside of Moscow (March 2000).

Lyssna: Swedish companies close in Russia after criticism

  • After criticism, several Swedish-born companies have announced temporary or indefinite closures in Russia.

  • The Swedish furniture giant Ikea announced today that it is pausing its operations in Russia and Belarus. This decision came after many had posted criticism on social media against the company for remaining open in those countries.

  • On Wednesday, Swedish fashion chain H&M announced it would temporarily pause all sales in its Russian stores, and the audio streaming service, Spotify, also announced that it had closed its office in Russia indefinitely.

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