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Surviving the Techstorm by Nicklas Bergman

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FURNISHING THEWORLD - IKEA

IKEA is one of the largest furniture companies in the world, and through 373 stores in 47 countries, the group will reach a turnover of 30 billion EUR in 2015 and is aiming for 50 billion EUR in 2020. The company was founded in 1943 by Ingvar Kamprad and is still privately owned through an intricate foundation structure with the aim of preserving the business for generations to come.

Ingvar Kamprad, founder said: “I decided early that the stock market was not an option for IKEA. I knew that only a long term perspective could secure our growth plans and I didn’t want IKEA to be dependent on financial institutions.”

Like all Swedes, and many other people around the world, I have a long lasting relationship with IKEA. ...

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