ASEA
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ASEA
Allmänna Svenska Elektriska Aktiebolaget
TypePublicly traded aktiebolag
IndustryElectrical engineering
Founded1883 (1883)
Defunct1999 (end of ABB dual-listing)
SuccessorABB Group
Headquarters,

Allmänna Svenska Elektriska Aktiebolaget (English translation: General Swedish Electrical Limited Company; Swedish abbreviation: ASEA) was a Swedish industrial company.

History

ASEA logo used from the late nineteenth century until 1933

ASEA was founded 1883[1] by Ludvig Fredholm in Västerås as manufacturer of electrical light and generators.[2] After merging with Wenström's & Granström's Electrical Power Company (Wenströms & Granströms Elektriska Kraftbolag) the name was changed to Allmänna Svenska Elektriska Aktiebolaget, literally the "General Swedish Electrical Limited Company", or a ASEA for short.[2]

In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB Group.[1][3] ABB Group began operations in 1988. After this merger, ABB Group acquired several companies, including the power transmission and distribution operations of the Westinghouse Electric Corporation and the Combustion Engineering Group.[1]

Business management

CEOs

  • 1883-1891 - Ludvig Fredholm
  • 1891-1903 - Göran Wenström
  • 1903-1933 - Sigfrid Edström
  • 1934-1942 - Arthur Lindén
  • 1942-1949 - Thorsten Ericson
  • 1949-1961 - Åke Vrethem
  • 1961-1976 - Curt Nicolin
  • 1976-1980 - Torsten L. Lindström
  • 1980-1988 - Percy Barnevik

Chairman of the Board

See also

References

  1. ^ a b c Crainer, Stuart. ""A.B.B., the Dancing Giant" by Kevin Barham and Claudia Heimer". strategy+business. Retrieved .
  2. ^ a b c "Tämä ei enää olisi mahdollista: ASEA myi sähkötarvikkeita hakaristin voimalla" [This would no longer be possible: ASEA sold electrical supplies under the power of a swastika]. Kauppalehti (in Finnish). 4 October 2018. Retrieved .
  3. ^ "BBC-Brown, Boveri and Asea Announce Merger". AP NEWS. Retrieved .

Further reading

  • Jan Glete, Asea under hundra år: 1883-1983: en studie i ett storföretags organisatoriska, tekniska och ekonomiska utveckling. (Västerås, 1987). (in Swedish)



  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

ASEA
 



 



 
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