ICA AB · Solna Sweden
Company Description
View ICA AB Locations On A US Map
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This link will open in a new window ICA AB (formerly ICA Ahold AB) has a royal hold on the Nordic grocery market. Scandinavia's #1 grocery chain, it runs about 2,250 retail stores in Sweden, Norway, and the Baltic countries. Its ICA Sverige unit is one of Sweden's top food retail company, and ICA Norge is one of Norway's leading food retailers. Outlets include RIMI and Netto discount stores, Nära neighborhood shops, ICA Supermarkets, and Maxi hypermarkets. Other interests include financial services in Sweden (ICA Banken) and health and beauty stores. ICA was formed in 1999 when ICA Handlarnas bought Norway's Hakon Gruppen. The grocery retailer is jointly owned by Dutch retail group Royal Ahold (60%) and Hakon Invest (40%). To read the full description, subscribe now.
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Key ICA AB Financials
| Company Type | Joint Venture Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $90,963.0 |
| Employees | 500 |
ICA AB Executives
23 executives listed for ICA AB's Solna, location.
| Title | Name & Bio | Contact |
| Chairman | Claes-Göran Sylvén | Network |
| President and CEO | Kenneth Bengtsson | Network |
| EVP Finance and CFO | Sonat Burman-Olsson | Network |
Competition
Competitive Landscape for ICA AB
Demand is driven by the aging of the US population and advances in medical treatment. The profitability of individual companies depends on access to medical insurance groups. Large companies have economies of scale in purchasing and in access to large groups of customers. Small companies can compete effectively through convenient location or special merchandising. To read the full description, subscribe now.Top ICA AB Competitors
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