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ABOUT THE IKEA GROUP

Welcome inside our company

Four friends in a coffee shop having a snack after visiting the IKEA store.
We are moving from operating as IKEA Group to operating as Ingka Group, because we want to clarify who we are as a company in relation to the IKEA franchise system. Ingka Group has three business areas: IKEA Retail, Ingka Investments and Ingka Centres. It is the world’s largest home furnishing retailer operating 367 IKEA stores in 30 markets*
Read more on ingka.com
* As of August 31, 2018
ABOUT THE IKEA GROUP: Business concept | Sustainable growth | Ownership & structure | ORGANIZATION
BUSINESS CONCEPT
Vision and business idea
“To create a better everyday life for the many people”, this is the IKEA vision. Our business idea is “to offer a wide range of well-designed, functional home furnishing products at prices so low that as many people as possible will be able to afford them”.
We work hard to achieve quality at affordable prices for our customers through optimizing our entire value chain, by building long-term supplier relationships, investing in highly automated production and producing large volumes. Our vision also goes beyond home furnishing. We want to create a better everyday for all people impacted by our business.
A young boy laying down looking at a baby with a woman in the background sitting on the floor.
ABOUT THE IKEA GROUP: Business concept | Sustainable growth | Ownership & structure | ORGANIZATION
SUSTAINABLE GROWTH
Investing for the future
“To create a better everyday life for the many people,” this is the IKEA vision. The main financial principle of the IKEA Group is to grow by using our own resources. In other words, we earn our money before we spend it. This makes it possible for us to make long-term investments for the future.
The IKEA vision is the foundation for our growth. We want to make sure that IKEA is accessible, so that more people can create a better everyday life at home. We re-invest a majority of our profits in existing and new IKEA stores, as well as in product development, sustainable solutions and by continuously lowering prices to our customers.
Residents in Hamburg can just walk in off the high street to visit the IKEA store.
IKEA goes urban with first high street store in Hamburg.
3 growth areas
GROWTH AREAS
Two LAMPAN table lamps with one without it’s lampshade.
Quality products at low prices
To reach many people, our products must be of good quality and affordable. We design with our customers’ needs in mind. Read about our process in Democratic Design
Father cooking at kitchen island. Daughter sitting on a bench built into the island.
People & Planet Positive
We are working towards having an overall positive impact on both people and the planet while we continue to grow. See more in People & Planet
A photo collage of different IKEA co-workers.
When people grow, IKEA grows too
Our co-workers are essential for our continued growth. We see every person as a talent with the possibility to develop. Find out more in Working at the IKEA Group
ABOUT THE IKEA GROUP: Business concept | Sustainable growth | Ownership & structure | ORGANIZATION
OWNERSHIP & STRUCTURE
Ownership structure
Ingka Holding B.V. and its controlled entities has an ownership structure that ensures independence and a long-term approach. Stichting Ingka Foundation in the Netherlands is our owner, and its funds can be used in only two ways: it can be reinvested in the Ingka Group or donated for charitable purposes through the Stichting IKEA Foundation.
Structure overview
Ownership and structrure overview of the IKEA Group.
Stichting Ingka Foundation
Owner of the Ingka Group
Ingka Holding B.V. and its
controlled entities
Stichting IKEA Foundation
Charity
Investment of Stichting
Stichting IMAS Foundation
Ingka Foundation liquidity
ABOUT THE IKEA GROUP: Business concept | Sustainable growth | OWNERSHIP & STRUCTURE | Organization
ORGANIZATION
Our Group management
Jesper Brodin is CEO of the Ingka Group Management Board.
Ingka Group Management Board permanent invitees
Jesper Brodin
CEO
Management Board Member
Juvencio Maeztu is CFO and Deputy CEO of the Ingka Group Management Board.Kurt-Jörgen Olsson is General Counsel and Corporate Secretary of the Ingka Group Management Board.
Juvencio Maeztu
CFO & Deputy CEO
Management Board Member
Kurt-Jörgen Olsson
General Counsel
Corporate Secretary Permanent Invitee
Ulrika Biesert is People and Culture Manager of the Ingka Group Management Board.
Ulrika Biesert
People & Culture Manager
Permanent Invitee
Olivia Ross Wilson is Communication Manager of the Ingka Group Management Board.Doris Lan is CEO Assistant of the Ingka Group Management Board.
Olivia Ross-Wilson
Communication Manager
Permanent Invitee
Doris Lan
CEO Assistant
Permanent Invitee
Leaders invited on a regular basis
Gerard Groener, Centers
Barbara Martin Coppola, Digital
Krister Mattsson, Investments
Davide Urani, Strategy, Process & Organizational Design
Tolga Öncu, Retail Operations