Translated by Ollie Richardson & Angelina Siard
The Ukrainian former Minister of Income Aleksandr Klimenko, who fled to Russia, reported that the Swedish company “IKEA” is opening a representative office in Kiev, however the Europeans decided to limit themselves to only a relatively small room for their office and show-window.
“IKEA = ‘investment boom’ in Ukrainian.
Now the truth.
The Swedish company IKEA, the world’s largest retailer of furniture and domestic goods, will open a shop in Kiev – With ONE CAVEAT.
The Ukrainian IKEA is a test format ‘City Shop’ with a transition to online commerce services. It means that neither production facilities nor shops will be built. I.e., there won’t be big investments nor thousands of jobs.
The company will lease premises of 4000 sq.m. in the ‘Ocean Mall’ shopping center. This is all the investment.
But the most sad thing that the ‘investment boom’ announced by the president will bring NINE jobs to Ukraine.
Yes, now Ukrainians will be able to buy import furniture that is made, by the way, from the Carpathian forest.
This news isn’t bad, but the president has outplayed himself.”
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