This is from Designcentrum in Lund, Sweden, which was sponsored by Ingvar Kamprad. Ingvar Kamprad is the founder of IKEA, which is short for "Ingvar Kamprads Ekonomiska Aktiebolag. That roughly translates to "Ingvar Kamprad's Economical Stockholding Company".
Correction: Okay, after getting corrected by my dear friend and looking into the matter, it seems I have been misled. IKEA stands for "Ingvar Kamprad Elmtaryd Agunaryd", where the last two words are the names of the village and farm he was born in and on, respectively.