IKEA will pay 6 million euros to East German prisoners forced to build their furniture in landmark move
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 hope will pressure other companies to follow. Political as ...
IKEA furniture sales decrease in Germany amid high inflation
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 furniture retailer,
Ikea Paying $6.5 Million To East German Prisoners Forced To Make Their Furniture
IKEA will pay $6.5 million to a German government fund to compensate victims of forced labor in East Germany during the Cold War. Political and criminal prisoners were forced to produce IKEA furniture in the 1970s and 1980s under the German Democratic Republic's (GDR) communist regime.
Ikea pledges €6 million to former prisoners of communist East Germany who were forced to build flat-pack furniture during the Cold War
Ikea is not alone in the matter, as East Germany was a hotspot for cheap labor under the communist regime, which many companies capitalized on. The company is now voluntarily paying €6 million toward a government fund compensating the forced labor victims under East German dictatorship.
IKEA Paying $6.5M to Compensate Prisoners for Forced Labor
In what CNN is describing as a "landmark move," IKEA will pay about $6.5 million to compensate the former prisoners who were forced to build furniture for the company in communist East Germany during the Cold War era.
Can IKEA disrupt the furniture business again?
There are worse ways to spend a lazy Saturday than to take a trip to one of IKEA’s giant furniture stores. Young children can be swiftly deposited at Småland, the supervised play area, leaving you to ...
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The 10 Best IKEA Furniture Pieces To Organize A Nursery Without Spending A Fortune
However, when you sort through chic nursery ideas for every parent online, you might find that IKEA furniture continues to ...
Ikea to compensate political prisoners who built furniture during East German dictatorship with €6m
Ikea to compensate political prisoners who built furniture during East German dictatorship with €6m - Ikea Germany said it ...
Inside Ikea’s thoughtfully designed tiny house
Ikea used trauma-informed design to create a comfortable, welcoming space for formerly homeless seniors in San Antonio.
IKEA donates first tiny home to support healing for homeless seniors
This week, the first-ever IKEA Small Home Model has been completed in Towne Twin Village, and every one of its 365-square ...
Woman's DIY Staining Technique Transforms an Unfinished IKEA Bench into a Unique Statement Piece
So what can you do to transform a piece of unfinished IKEA furniture? Obviously, the possibilities are practically endless, ...
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5 Pieces of Vintage IKEA Furniture That Could Be Worth Thousands — Are They in Your Home?
Explore More: 6 Cheap Hobbies To Start in 2024 That Will Make You Extra Money Find Out: 5 Unusual Ways To Make Extra Money (That Actually Work) You might be surprised to learn that Ikea furniture ...