IKEA is closing its stores in Russia and Belarus

In the statement made by the IKEA, it was announced that exports and imports from the two countries in question were stopped and production was suspended.

In the statement, it was emphasized that the war in Ukraine caused a great human tragedy, and that there were major disruptions in the material supply chain.

H&M is also closing its stores in Russia

On the other hand, Swedish clothing company H&M decided to close all its stores in Russia.

The company, which received a great reaction on Saturday when it was heard that it was preparing to open new branches in the capital of Russia, Moscow, stated that it had changed its decision.

In the statement made by the company, it was reported that they had stopped the opening of new stores and had decided to temporarily close all their stores.

Volkswagen also stopped production in Russia

The German automotive giant, Volkswagen, has announced that they have stopped production in Russia and exports to this country until a second announcement.

Due to Russia's attack on Ukraine, German auto giant Volkswagen has decided to stop car production in Russia.

The company, which made a statement on the subject via e-mail, announced that exports to Russia would also be stopped.

The company announced in its statement that the management made a review of the general situation due to high uncertainties.