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IKEA will move part of its production to Turkey

IKEA will move part of its production to Turkey

January 29, 2024

This was announced by the financial director of the company in Turkey, Kerim Nisel. Currently, most of the products are delivered from East Asia to the markets of the Middle East or Europe, and since the cost of container transportation has increased from $ 2,000 (before the pandemic) to $ 12,000, it is much more profitable for the company to place production in Turkey. "Due to the supply problems we faced during the pandemic, we decided to expand production in Turkey. It is more rational to make products closer to the place of sale, so we want to move part of the production capacity to Turkey," Nisel said.

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