IKEA regional expansion programme: Swedish retailer IKEA is planning to invest €2bn over the next five years expanding its…
Topic: Scandinavia
News about business, contracts and export between Denmark, Norway, Finland Sweden Russia, Azerbaijan, Kazakhstan, and Central Asia
EU sanctions cancelled after 3 months max – Danske Bank
EU sanctions cancelled after 3 months: The EU and Russia have too much to lose if the current round…
Nordic Star tour operator suspends operations
Nordic Star: The St Petersburg tour operator Nordic Star yesterday announced that it was suspending operations. The…
Prokhorov bids for Vedomosti
Prokhorov bids for Vedomosti: Billionaire Mikhail Prokhorov’s Onexim Group has put in a bid to purchase the influential Russian…
Swedish fund invests in Yell
Swedish investment fund Vostok Nafta has invested $8m in the Russian online search utility Yell, it announced…
RUB3.9bn support for cultural tourism
The Russian government has announced that it is to allocate RUB 1.6bn for the development of…
Sberbank invests RUB13.6bn in Pandora
Pandora: Sberbank CIB has agreed to finance the expansion of Danish jeweller Pandora’s Russian business to…
Shishkhanov buys Murmansk DND off Norwegians
Shishkhanov buys Murmansk DND: B&N Bank’s chairman Mikail Shishkhanov has secured a foothold in the Murmansk region by acquiring…
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…
Rosatom and Finnovoima move closer
Rosatom and Finnovoima: Rosatom is looking to increase its stake in Finland’s Finnovoima consortium from 34%…