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Ikea's Finnish Businesses in the Red
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Ikea's five wind power companies made a net loss of just under 14.2 million euros. Ikea owns 38 wind turbines in Finland through five subsidiaries, but the wind power business generated large losses for the furniture giant in the financial year ending in August. This is evident from the financial statements of Ikea's 100% owned wind subsidiaries. Ikea buys electricity from its wind power company. In the last financial year, Ikea's five wind powe…
·Finland
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