IKEA, Firhouse, Dublin
This morning/afternoon.
State aid.
For IKEA?
Via RTÉ:
IKEA said it received aid from Belgium, Croatia, the Czech Republic, Ireland, Portugal, Romania, Serbia, Spain and the United States but did disclose the sums.
Several of the countries have already been reimbursed, Ingka said, without specifying which ones nor the sums involved.
In a statement, Mr Oncu said IKEA had accepted the money “at the height of the pandemic to secure livelihoods and employments”.
Hmm.
Anyone?
IKEA to return state aid received during Covid crisis (RTÉ)
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Firhouse?
There’s an IKEA in Ballymun and a mini IKEA in Carrickmines, but not one in Firhouse.
BS must have no ikea where it is?
90min queue time
BS – why did you not include the most important part?:
“Furniture giant IKEA said today that it would return subsidies it received from nine countries, including Ireland, at the height of the coronavirus crisis, as its financial situation was not as strained as feared.”
“BS – why did you not include the most important part?”
because they knew you’d be along to explain it all.
very proud of the fact that I have never been to an IKEA shop
not even a click and collect
and I intend to keep it that way
pretty scabby that these multis with massive reserves would take advantage of these Government Schemes
Like what are their reserves for if not to carry them over difficult and unplanned trading obstacles
I note that IKEA are returning their dig out
But they should have led from the start – Social Corporate Responsibility n’ all that
And declared they were going to try and get by
Rather than be shamed into it
It would have done wonders for their reputation and other similar enterprises might have followed their lead
Imagine that
Especially now since the Trump Admin have backtracked on the promise to disclose who got what from the Paycheck Protection Program 500 Billion btw
Wouldn’t you love to know what Amazon got, or even Trump Enterprises
I know I would
Who said they were shamed into returning the money?
Fair play to Ikea for returning the money now they realise they won’t need it – perhaps other enterprises will follow their lead.
Ikea have 200,000+ employees; if they average €30k that is €500,000,000 salary each month. Ikea had a turnover of €39bn in 2018…. I don’t know what kind of cash reserves they have… but half a billion euro a month!!!
Like I said over on another thread
Ask the Man’sheeters all that stuff
I assume the funding they received in Ireland was the wage subsidy that all businesses are able to apply for.
They really missed the self-assembly market by not offering a range of coffins.
5000 customers in Sweden alone. “Boxette” would be a good name. 19.99 Euros.