Word: ingvars
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...Flat Pack Of Lies? IKEA denied a Swedish magazine's claim that the furniture maker's founder, Ingvar Kamprad, is the world's richest man, with a $53 billion treasure chest. The firm swatted away the accolade, pointing out that the famously frugal 77-year-old no longer owned the company. Still, he should be grateful he has the assembly instructions...
...London with her banker husband and their five young children, and she has no involvement with day-to-day operations. Karl and Theo Albrecht, the secretive German brothers who rank as the richest people in Europe, are withdrawing from the management of their firm, discount retailer Aldi. Sweden's Ingvar Kamprad, who created the IKEA furniture chain, has retired to a Swiss lakeside resort, leaving ownership of his empire to a foundation--and keeping everyone guessing whether any of his three sons will take over the business...
...recipients are Dr. Paul Goldhaber, professor of periodontology and former Dental School dean; Dr. Harold Loe, Director of the National Institute of Dental Research in Bethesda, Maryland; Professor Per Ingvar Branemark, the Institute for Applied Biotechnology in Goteberg, Sweden; and Dr. Robert D. Sparks, president emeritus, W.K. Kellogg Foundation, Battle Creek, Michigan...
Prime Minister Ingvar Carlsson resigned immediately and is likely to be succeeded by Moderate Party leader Carl Bildt, 42, who hopes to form a government soon. That will not be easy. By failing to deliver an absolute majority to Bildt's coalition, voters ensured that their country's vaunted politics of cooperation would be sorely tested. Bildt will need at least the tacit support of the new right-wing protest party, New Democracy, which won 25 seats by advocating curbs on immigration and cuts in foreign aid -- policies that are anathema to the rest of the nonsocialist bloc...
...When Ingvar Carlsson, Sweden's Social Democratic Prime Minister, entered the chambers of parliament last week, he was convinced that he brought with him the cure to the country's economic woes, which are many. Banks had been closed for almost three weeks in a bitter strike and lockout; wages have risen 28% since 1986; and inflation gallops ahead at an estimated 9%. Carlsson's plan was painful: a two-year freeze on rents, wages and prices and arbitration to prevent strikes. After several hours of heated debate, the five opposition parties united to defeat Carlsson's bill. The final...