Furniture giant IKEA has agreed to pay 6 million euros ($6.5 million) towards a government fund compensating victims of forced labor under Germany’s communist dictatorship, in a move campaigners ...

Thousands of political prisoners were forced to work at factories in East Germany, including at Ikea. “We deeply regret that this happened,” Walter Kadnar, CEO of Ikea Germany, said in a ...

Swedish-based furniture giant IKEA experienced a 4.3% fall in revenue this year in Germany, its largest foreign market, according to data released on Monday. The company, Germany's leading ...

Ikea first acknowledged in 2012, after an independent investigation, that some of its suppliers in East Germany had employed political prisoners to produce goods for the company in the late 1970s ...

Ikea’s contribution to the fund is voluntary. The CEO of Ikea Germany, Walter Kadnar, said the firm “regrets wholeheartedly” that Ikea products were produced by political prisoners in the ...

Ikea first acknowledged in 2012, after an independent investigation, that some of its suppliers in East Germany had employed political prisoners to produce goods for the company in the late 1970s and ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ikea has agreed to pay €6mn to compensate former prisoners in East Germany who were forced to work ...

Swedish-based furniture giant IKEA experienced a 4.3% fall in revenue this year in Germany, its largest foreign market, ...

dictatorship — which founded and ruled the former communist East Germany — said Ikea's commitment to compensation is groundbreaking. Ikea's decision to face up to its responsibility for its ...

Forward-looking: Wooden houses are a fairly common sight in North American suburbs, thanks to the material's relative affordability in the continent. But they usually top out at just two or three ...