Allmänna Svenska Elektriska Aktiebolaget
| Allmänna Svenska Elektriska Aktiebolaget
|
|
|---|---|
 |
|
| legal form | Aktiebolag |
| founding | 1890 |
| resolution | 1999 |
| Reason for dissolution | fusion |
| Seat |
Stockholm 
|
| Branch | Railway vehicle construction, power plant construction, electronics manufacturer |
Allmänna Svenska Elektriska Aktiebolaget ( ASEA ) was a Swedish electrical engineering company . On February 8, 1988, the group merged its business with the Swiss company Brown, Boveri & Cie (BBC) to form Asea Brown Boveri (ABB) with headquarters in Zurich ( Switzerland ). With the Swede Percy Barnevik, ASEA provided the first CEO of ABB.
history
The company was founded in Stockholm in 1883 as Elektriska Aktiebolaget . In the first half of the 20th century, a technique for high-voltage direct current transmission was developed. Among other things, the company worked on the development and production of electrical equipment for locomotives , trams and multiple units.
After the seizure of power of the Nazis in Germany in 1933 was company logo changed, the hitherto mainly of a swastika was. In 1950, ASEA turned to the field of nuclear energy with its subsidiary ASEA Atom .
From 1968 reactors for nuclear power plants were built. On February 15, 1953, Erik Lundblad produced synthetic diamonds for the first time using a Quintus press . ASEA exercised a significant influence on the structure of the electrotechnical industry in Sweden through its dominance .
In its last year as an independent company, in 1987, ASEA had sales of 52 billion SEK (approximately 5.7 billion euros ) and employed 77,000 people. The largest shareholder was the Wallenberg family through Investor AB .
Web links
- ASEA - En koncern byggd av electricity. företagsamheten.se, accessed March 8, 2017 (Swedish).