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October 09, 2015 12:25 AM ET

Food and Staples Retailing

Company Overview of ICA AB

Company Overview

ICA AB is engaged in wholesale and retail operations in Sweden, Norway, and the Baltic countries. It operates in four store formats consisting of hypermarkets, supermarkets, convenience stores, and discounters. The company’s ICA Sweden segment operates as a food retailer in cooperation with independent retailers. It operates various retail stores under the ICA Nära, ICA Supermarket, ICA Kvantum, Maxi ICA Stormarknad, Cura pharmacy, and ICA To Go names. As of December 31, 2013, this segment had 1,321 stores. Its ICA Norway segment sells groceries under the ICA and Rimi brands with three store formats: ICA Naer, ICA Supermarked, and Rimi. As of the above date, this segment had 571 stores. The ...

Svetsarvägen 16

Solna,  171 93


Founded in 1917

20,319 Employees


46 8 56 15 00 00

Key Executives for ICA AB

Chief Executive Officer
Age: 52
Chief Financial Officer
Age: 57
Chief Executive Officer of Rimi Baltic
Age: 54
Chief Executive Officer of ICA Bank
Age: 63
Chief Executive Officer of Non-Food
Age: 60
Compensation as of Fiscal Year 2015.

ICA AB Key Developments

ICA Plans to Build Four Hydroelectric Plants

ICA announced that it is planning to build four hydroelectric plants in Puebla state with an investment of USD 150 million, but the firm still requires approval from various authorities before it can move forward. The project, which will use a cascade system with a flow of 12m3/s, would be located in the Acapulco river basin in Puebla state and will have a installed capacity of 65MW. If the project receives authorization, ICA will start construction by the end this year or in early 2016.

ICA Presents at 10th Annual LatAm CEO Conference 2015, May-13-2015

ICA Presents at 10th Annual LatAm CEO Conference 2015, May-13-2015 . Venue: The New York Palace, 455 Madison Avenue, New York, NY 10022, United States.

ICA Wins Tender to Build Access Roads for New Mexico City Airport

ICA has been awarded a contract to build access roads in the terminal building area of the new Mexico City airport. This is the first of three tenders that involve construction of access roads to the airport's terminal, runways, control tower and other installations. ICA made the winning bid of MXN 8.12 million, not including valued-added tax (VAT), beating off competition from Global Constructions and Ingenier­a and Constructions Gabe.

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