Apr 22, 2004. /Lesprom Network/. Swedwood (owned by IKEA)intends to build a timber-processing enterprise in central Russia, in one of the following regions (Nizhny Novgorod, Moscow regions and Karelia Republic). The company has not yet decided on the location of the future enterprise, IKEA PR-manager Irina Vanenkova told Lesprom.ru. Irina Vanenkova denied the alleged refusal of Swedwood to build the enterprise in Nizhny Novgorod: ‘The following decision has not been taken yet. We won’t comment on the priorities, we are considering all possible variants. The final decision is expected in late April or in May. It is too early to speak about the future investments either yet’