Sistema Public Joint Stock Financial Corporation (MISX:AFKS) is considering buying assets of IKEA of Sweden AB in Russia, the holding said in a report on November 9, 2022. "Sistema is considering the possibility of buying Russian assets of IKEA, is analyzing these assets," the statement read. According to an RBC report in October, 2022 Sistema, Public Joint Stock Company PIK-specialized homebuilder (MISX:PIKK) (PIK Group) and Swiss Krono AG (Kronospan) were competing for IKEA's assets in Russia.

According to a different report, six companies were among the potential buyers.