IKEA owner Ingka Group sacrifices profit to cut prices and lead sustainability revolution
Ingka Group, the largest IKEA retailer, has reported a steep drop in net profit for fiscal year 2024, driven by its ambitious investments in affordability ... Read More
IKEA’s parent firm just took over Ikano Bank—Is this the big move IKEA customers have been waiting for?
Ingka Group, the powerhouse behind IKEA’s global retail network, has officially completed its full acquisition of Ikano Bank AB (publ). The landmark deal follows critical ... Read More
Wysoka wind farm : Nordex to supply 63MW turbines for Polish wind project
Nordex Group has bagged a contract to supply wind turbines to the 63MW Wysoka wind farm in Poland from OX2, a Swedish wind farm developer. ... Read More
IKEA stores owner Ingka Group to acquire 49% stake in Ikano Bank
Ingka Group, the owner of IKEA stores, is foraying into consumer banking, by acquiring a stake of 49% in Sweden-based Ikano Bank from Ikano for ... Read More