Page "IKEA" Paragraph 4

Inter IKEA Systems B. V. in Delft, also in the Netherlands, owns the IKEA concept and trademark, and there is a franchising agreement with every IKEA store in the world.

The INGKA Group ( not to be confused with INGKA Holding B. V .) is the biggest franchisee of Inter IKEA Systems B. V. Inter IKEA Systems B. V. is not owned by INGKA Holding B. V., but by Inter IKEA Holding S. A. registered in Luxembourg, which in turn is controlled by the Interogo Foundation in Liechtenstein.

Ingvar Kamprad has confirmed that this foundation is controlled by him and his family.

The company which originated in Småland, Sweden, distributes its products through its retail outlets.

As of October 2011, IKEA has 332 stores in 38 countries.

In fiscal year 2010, it sold $ 23. 1 billion worth of goods, a 7. 7 percent increase over 2009.

On February 17, 2011, IKEA announced its plans for a wind farm in Dalarna County, Sweden, furthering the furniture giant's goal of running on 100 percent renewable energy.

In mid-August 2012, the company announced that it will be establishing a chain of 100 economy hotels in Europe but, unlike its few existing hotels in Scandinavia, they will not carry the Ikea name nor will they use Ikea furniture and furnishings-they will be operated by an unnamed international group of hoteliers.