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Ikea Funds Swedish Schools to Boost Hiring

January 17, 2013

Ikea is donating 16 million kronor ($2.46 million) to help improve schools near its headquarters in southern Sweden to make it easier for the furniture giant to recruit workers to the area.

"Älmhunt is the heart of Ikea and we have 4,000 employees here," Gudmund Vollbrecht, a senior advisor with Ikea AB, said in a statement announcing the initiative.

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