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Ikea targets to boost export value to US$ 1 bn will produce more in Indonesia

Related Keywords: IKEA, in long run, lookjng to produce mattresses, produce more in Indonesia, rugs and textiles, soft toys. rattan products, Swedish multinational company, textiles and batik pater products, to boost export value

Ikea, the Swedish multinational company who achieved sales of ¤30.1 billion last year in its 361 stores worldwide, is looking to produce mattresses and flat-pack furniture in Indonesia next year, as well as textiles and batik-pattern products by 2017 as it has set its sights on boosting its export value, tenfold to US$1 billion in the long-run. It will produce more in Indonesia, said Tony Mampuk, Ikea Indonesia’s country government relation manager.

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