When full-scale war broke out in Ukraine more than two years ago, the global network of companies behind Ikea stores and associated business interests faced the same headache as other multinationals operating in Russia: stay or go, and at what price? According to new company information available in Ireland, the eventual price was not as high as previously expected. The Ingka Group, which owns most Ikea stores in the world as well as other assets including shopping centres, had been investing heavily in the country and the unwinding of its Russian presence took a year and a half to complete. …

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