Connect with us

Tech EU News

IKEA’s founder hands over to son

Published

on



IKEA has turned a page in a mega-successful (if at times scandal-struck) saga with the departure of…

euronews, the most watched news channel in Europe
Subscribe for your daily dose of international news, curated and explained:http://eurone.ws/10ZCK4a
Euronews is available in 13 other languages: http://eurone.ws/17moBCU

http://www.euronews.com/2013/06/05/ikea-s-founder-hands-over-to-son
IKEA has turned a page in a mega-successful (if at times scandal-struck) saga with the departure of the creator of the Swedish furniture retailer, Ingvar Kamprad, from the board of Inter IKEA Group. The 87-year-old founded the business in rural Sweden 70 years ago. His youngest son, Mathias, will take over as its chairman. Kamprad Sr. stepped down in 1986 as chief executive.

In the beginning, IKEA was little more than a village drugstore, but at the age of 17 he founded the brand, opening his first furniture-only store in 1953, with its own designs.

His customer-assembled kits came three years after that, and more of the self-service concept. Kamprad became a multi-billionaire, has been a resident of Switzerland since the 1970s, and still keeps a tight grip on the running of the empire behind the scenes.

The bulk of IKEA’s 313 stores are in Europe. The company says the business climate remains challenging. It has high hopes for the Chinese market, and is investing 1 billion euros in three shopping centres there, the first due to open next year.

Kamprad has overcome scandals in the past. He was active in a pro-fascist nationalist movement in 1942, and decades later, when it received media attention, in a letter to his employees, he called it his greatest mistake.

It emerged from the archives of the secret police in the former East Germany that political prisoners were used for unpaid labour by IKEA suppliers up to the 1980s. Last year, IKEA admitted it knew about it and didn’t stop it. Also in 2012, in France it illegally accessed police records on employees and customers.

Then horse meat was found in IKEA meatballs, and fecal matter in one of its deserts, meant to be a chocolate, butterscotch confection with marshmallow. Worldwide scrutiny and recalls followed.

Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews

source

Tech EU News

The main challenges on hydrogen is reliability

Published

on



Can ferries operate on hydrogen energy sources in harsh marine environments?…
READ MORE : https://www.euronews.com/2019/07/01/the-main-challenges-on-hydrogen-is-reliability

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1

Watch our LIVE here: https://www.youtube.com/c/euronews/live

source

Continue Reading

Tech EU News

Brussels plans to introduce cybersecurity requirements for connected devices

Published

on



The proposed legislation would apply to very connected devices including toys and household appliances such as smart fridges.

READ MORE : https://www.euronews.com/2022/09/15/brussels-plans-to-introduce-cybersecurity-requirements-for-connected-devices

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#EuropeNews

source

Continue Reading

Tech EU News

How Dubai is embracing Cryptocurrencies

Published

on



People around the world have heard of cryptocurrencies, but they are still poorly understood. Dubai plans to remedy that at the AIBC summit.

READ MORE : https://www.euronews.com/2021/06/03/how-dubai-is-embracing-cryptocurrencies

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Living: http://bit.ly/2sMsaDB
Knowledge: https://www.youtube.com/c/euronewsknowledge?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#Target

source

Continue Reading

Tech EU News

How could impact investing revolutionise charitable finance? | Save The Children | The Big Question

Published

on



In this episode of The Big Question, Paul Ronalds, the founder and CEO of Save The Children Global Ventures discusses how traditional private sector techniques could change the finances of the charity sector.

Read more here: https://www.euronews.com/business/2024/11/04/we-can-solve-poverty-how-will-impact-investing-change-the-face-of-charitable-finance

⬇️ Always stay informed ⬇️
👉 Follow all the news on 📲 https://euronews.com
👉 Subscribe ► https://www.youtube.com/@euronews
👉 Watch our LIVE here: https://www.youtube.com/c/euronews/live

🌎 Follow us:
Facebook: https://www.facebook.com/euronews
Twitter: https://twitter.com/euronews
Instagram: https://www.instagram.com/euronews.tv/

📌 Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Download our new app to receive all the latest updates from Europe’s newsroom: https://apps.eur.ws/8HQ4

#Euronews #TheBigQuestion #Business #SaveTheChildren #venturecapital #investment #impactinvestment #charity #poverty

source

Continue Reading

Tech EU News

China’s Xiaomi says its devices do not censor users following report from Lithuania

Published

on



Lithuania advised people to throw away their Xiaomi smartphones after a report found one of their mobiles had built-in censorship capabilities.

READ MORE : https://www.euronews.com/2021/09/23/china-s-xiaomi-says-its-devices-do-not-censor-users-following-report-from-lithuania

Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live

Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1

Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels

#BiztechNews

source

Continue Reading
Another Europe News12 mins ago

Latest news bulletin: June 3rd 2024 Morning | euronews 🇬🇧

Another Europe News1 hour ago

The iconic Acropolis in Athens is covered in snow for the first time in decades

Fashion2 hours ago

Maximalist Magic by Philipp Plein, Milan Spring/Summer 2025 | FashionTV | FTV

Another Europe News2 hours ago

Germany closes Iranian consulates over execution of dual national Jamshid Sharmahd

Sports EU4 hours ago

Leny Yoro returns to Man United training | Injury update from Carrington 🔴

Another Europe News4 hours ago

Watch Live: Trump or Harris? America votes, and Europe is watching on Euronews

Another Europe News5 hours ago

US election 2024: Trump claims election fraud as early voting records smashed

Another Europe News7 hours ago

Latest news bulletin | September 29th – Midday

Another Europe News8 hours ago

Germany’s auto industry prepares for job losses in electric transition

Another Europe News10 hours ago

We know Harris vs Trump. What else is America voting for on Tuesday?

Another Europe News13 hours ago

Kamala Harris and Barack Obama target black voters in key battleground state of Georgia

Another Europe News14 hours ago

Euronews talks to Kyrgyz president Atambyev

Another Europe News16 hours ago

Did a left-wing politician ask for Portugal’s police to be disbanded?

Another Europe News17 hours ago

What do Weber and Timmermans think about Brexit as they pitch for top EU job?

Another Europe News19 hours ago

Female student arrested in Iran after stripping off in public on university campus

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.