Business news from Ukraine

Business news from Ukraine

IKEA stores expected to open in Ukraine this year

18 February , 2025  

IKEA stores are expected to open in Ukraine in 2025, the date will be officially announced by IKEA, said Dmitry Lashin, chief operating officer of Lavina Mall and Blockbuster Mall.

“There is very encouraging information that it will definitely happen this year, but there are two scenarios. The first is that the fighting in Ukraine will stop, so it will happen very, very quickly. If the fighting does not stop, the opening will take a little longer. They are physically ready,” Lashin said.

According to him, the retailer carries out daily activities to physically renovate the store (cleaning, partial repairs, replacing the signage, removing old goods, etc.)

As Oksana Donska, a member of the board of the Ukrainian Association of Furniture Manufacturers (UAFM), told Interfax-Ukraine earlier, IKEA has already received orders for Ukrainian manufacturers “to purchase a fairly wide assortment matrix of furniture.”

As reported, in May 2020, the IKEA online store was officially launched in Ukraine, along with pickup points in Kyiv’s Auchan Rive Gauche and Metro Cash & Carry shopping centers. In December 2020, the third delivery point was opened in the Lavina Mall. In 2021, the first physical store was opened on the second floor of the Blockbuster Mall in Kyiv.

IKEA is a Dutch manufacturing and retail group based in Sweden, one of the world’s largest furniture and household goods retailers. It is part of the Ingka Group. IKEA (Inter IKEA Group) reduced retail sales by 5.3% to €45.1 billion in the fiscal year ended August 31, 2024. Last year, the company opened 56 stores, and operates 400 stores of various sizes and 174 planning and ordering points.