The German unit of Swedish furniture giant Ikea said Wednesday it had fired a manager with right-wing extremist "friends" on Facebook for expressing offensive opinions on the social networking site.
Swedish furniture giant Ikea used East German political prisoners in the 1970s and 1980s to help build sofas at a factory that sat adjacent to a prison, according to German media reports.
Recent revelations that Ingvar Kamprad was more active in Swedish Nazi movements than previously thought have called into question the Ikea founder's claims that it was simply a “folly of youth”, the AFP's <b>Nina Larsson</b> explains.
The Swedish security police tracked Ikea founder Ingvar Kamprad's membership of a Swedish Nazi movement in the 1940s, one of the revelations of the business leader's Nazi past revealed in a new book.
Ten Swedes have made it onto the Forbes billionaires list for 2011, with H&M owner Stefan Persson placing highest among the Swedes considered to be the world's wealthiest.
Rather than denounce Ikea founder Ingvar Kamprad, people should instead take aim at the Swedish system that forced him to move the company's fortunes abroad and replace it with a culture of charitable giving, argues business school professor <b>Hans Sjögren.</b>
Ikea founder Ingvar Kamprad, considered one of the wealthiest people in the world, controls the company through a secret foundation worth 100 billion kronor ($15.34 billion), according to a Sveriges Television (SVT) report.
The family of Ingvar Kamprad, the Swedish billionaire founder of the Ikea discount furniture chain, is thinking about ditching the high-end Habitat furniture and design chain.
Ikea has been swindled out of 1.5 billion kronor ($189 million) in Russia, company founder Ingvar Kamprad revealed on Sommar, a show on Sveriges Radio P1.
Ikea founder Ingvar Kamprad has said he is keen to do a lot more to help people in need, according to the Dutch foundation that owns the Swedish furniture giant.
Ingvar Kamprad, the founder of Swedish furniture chain Ikea, has revealed it is unlikely that one of his sons will take over as CEO when the incumbent Anders Dahlvig leaves.
