Russian economic recovery: Foreign direct investment into Russia reached $8.3bn in the first nine months of…
Sweden
Business news and investment opportunities in Sweden
STATS
Source: World Bank
Currency: Swedish kronaGDP: 556.1 billion USD (2018)
GDP per capita: 54,608.36 USD (2018)
GDP growth rate: 2.2% annual change (2018)
GNI per capita: 54,030 PPP dollars (2018)
Gross national income: 550.2 billion PPP dollars (2018)
Internet users: 96.41% of the population (2017)
Gross national income: 550.2 billion PPP dollars (2018)
Internet users: 96.41% of the population (2017)
H&M to open Russian online store as sales jump
Swedish clothing brand H&M is to launch an online store in Russia this fall to capitalise on rising sales, it…
IKEA plans further expansion in Russia and China
The Ikea Group is to continue expanding in Russia and China after increased sales in both…
IKEA closes Russian website through fear of breaking ‘gay propaganda’ law
IKEA drops Russian website: Ikea is closing its lifestyle website and magazine IKEA Family Live in Russia over…
IKEA launches online service for Siberia and Russia’s Far East
IKEA launches online service: Swedish furniture and home furnishings behemoth IKEA today (February 2) began an…
Spotify abandons plans for Russian launch and dismisses CEO elect
Spotify, one the world’s most successful musics streaming sites, has abandoned its plans to launch in…
IKEA to invest $2.3bn in Russian plants and outlets by 2020
IKEA to invest $2.3bn: Swedish retailer IKEA is looking at the possibility of opening stores in 25…
IKEA regional expansion programme to cost €2bn
IKEA regional expansion programme: Swedish retailer IKEA is planning to invest €2bn over the next five years expanding its…
Swedish fund invests in Yell
Swedish investment fund Vostok Nafta has invested $8m in the Russian online search utility Yell, it announced…
IKEA expansion plans backed by $2.8bn investment
IKEA expansion: Swedish flatpack furniture maker IKEA has announced that it plans to invest some $2.8 bn…