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Inter IKEA Systems B.V., [6] [7] trading as IKEA (/ aɪ ˈ k iː ə / eye-KEE-ə, Swedish:), is a multinational conglomerate, founded in Sweden but now headquartered in the Netherlands, that designs and sells ready-to-assemble furniture, kitchen appliances, decoration, home accessories, and various other goods and home services.
The group's Ingka Centres division has developed several shopping centres in which IKEA is the anchor tenant, including the MEGA malls in Russia. Beginning in 2020, the division has acquired existing complexes which will be renovated to include urban IKEA locations, including Kings Mall in London, 6x6 in San Francisco, and the retail podium of the Aura condominium towers in Toronto.
Inter IKEA Holding B.V. (also known as Inter IKEA Group) is a holding company registered in the Netherlands, [1] ultimately owned by Inter IKEA Foundation. It owns the company Inter IKEA Systems and thereby controls the intellectual property of IKEA. It is also in charge of design, manufacturing and supply of IKEA products. [2] [3] [4] [5]
This is a list of the world's largest non-governmental privately held companies by revenue. This list does not include state-owned enterprises like Sinopec, State Grid, China National Petroleum, Kuwait Petroleum Corporation, Pemex, Petrobras, PDVSA and others. These corporations have revenues of at least US$10 billion.
How Ikea Chooses Product Names While other companies choose number codes to catalog products, Ikea does things a bit differently. It’s all thanks to Ikea’s founder, Ingvar Kamprad.
Ikano Group is a privately held international group of companies with the parent company Ikano S.A. based in Luxembourg. It was originally a part of IKEA, which was founded by Ingvar Kamprad, then became independent in 1988, and has since been owned by the Kamprad family. [1]
The foundation owns the private Dutch company INGKA Holding, based in Leiden, which is the holding company that controls 372 of the 432 outlets of IKEA. [6]In an explanation of IKEA's complex corporate structure, Ingvar Kamprad stated to the authors of a Swedish documentary that tax efficiency was "a natural part of the company's low-cost culture". [2]
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