ASEA: Difference between revisions

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{{Short description|Swedish manufacturer}}
{{Short description|Swedish manufacturer}}
{{About|the Swedish company|the American company|ASEA (American company)}}
{{About|the Swedish company|the American company|ASEA (American company)|the South Korean award ceremony|Asia Star Entertainer Awards}}
{{ref improve|date=December 2023}}
{{ref improve|date=December 2023}}
{{Infobox company
{{Infobox company
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| industry      = [[Electrical engineering]]
| industry      = [[Electrical engineering]]
| founded        = {{Start date|1883|df=y}}
| founded        = {{Start date|1883|df=y}}
| defunct        = {{End date|1987|12|31|df=y}} (merged with [[Brown, Boveri & Cie|Brown Boveri]] to form ABB)
| defunct        = {{End date|1987|12|31|df=y}}
| fate          = Merged with [[Brown, Boveri & Cie|Brown Boveri]] to form ABB
| successor      = [[ABB]]
| successor      = [[ABB]]
| hq_location    =  
| hq_location    =  
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*1953 – ASEA creates the first [[Synthetic diamond|industrial diamonds]].
*1953 – ASEA creates the first [[Synthetic diamond|industrial diamonds]].
*1954 – [[HVDC Gotland]] project, first static high-voltage DC system
*1954 – [[HVDC Gotland]] project, first static high-voltage DC system
*1960s – ASEA builds nine of 12 nuclear plants in Sweden.
*1960s – ASEA builds nine of twelve nuclear power plants in Sweden
*1968 – ASEA's [[elevator]] business gets acquired by [[Kone]]
*1968 – ASEA's [[elevator]] business is acquired by [[Kone]]
*1974 – [[Industrial robot]]s are introduced by ASEA
*1974 – [[Industrial robot]]s are introduced by ASEA
*1987 – Acquires Finnish [[Stromberg (company)|Oy Strömberg Ab]]
*1987 – Acquires Finnish [[Stromberg (company)|Oy Strömberg Ab]]

Latest revision as of 20:46, 18 October 2025

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History

File:ASEA logo pre 1933.svg
ASEA swastika logo used from the late nineteenth century until 1933

ASEA was founded in 1883[1] by Ludvig Fredholm in Västerås as a 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 ASEA for short.[2]

In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB.[1][3] The merge took effect on 1 January 1988.[4] After this merger, ABB 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

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  4. ASEA-BBC merger Modern Railways issue 472 January 1988 page 34

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Further reading

  • Jan Glete, Asea under hundra år: 1883–1983: en studie i ett storföretags organisatoriska, tekniska och ekonomiska utveckling. (Västerås, 1987). Template:In lang.

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