Ikea running out of wood in Slovakia, planting own forest

Ikea running out of wood in Slovakia, planting own forest

Published at: 2017-10-17 12:04 | Author: CIJ Journal
Ikea is investing into large-scale wood production in Slovakia. The Swedish furniture manufacturer and retailer is establishing new tree plantations near Malacky that would feed Ikea Industry chipboard production in the city. Trend.sk broke the news, writing that Ikea has not publicly unveiled its plan but had to apply for stricter approval from the environment ministry, as its new plantation should border with a bird nature reserve. Ikea wants to set up a 49 to 65 ha plantation and grow aspen there, as it’s a fast-growing tree. Trend reports that Ikea already has 500 ha of wood plantations in Slovakia in Zahorí and that it started the wood production business two years ago.

Similar Stories:

Wood Feel to open furniture factory in southern Serbia
Wood Feel will open a new factory in southern Serbia. The Israeli furniture manufacturer l  »
Froneri Adriatic opens €20m plant in Serbia
Froneri Adriatic has opened a new ice cream factory near Belgrade. The value of the invest  »
ZF Friedrichshafen building new factory in Serbia
ZF Friedrichshafen started construction on an electric powertrain factory in Pancevo, Serb  »
Kaltenberg to open beer plant in Croatia
Beer manufacturer Kaltenberg is planning to open a 10,000 sqm production plant in the Kuku  »
How does Bucharest’s investment market compare to Prague’s? There’s little compari   »
How much are you lending on infrastructure projects in Slovakia? How does it compare to ot   »
Should we believe people in the market when they say they’re working on five to six deal   »
Going into 2016, most observers assumed Czech retail assets would be a major investment ta   »