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ASEA
''Allmänna Svenska Elektriska Aktiebolaget'' (English translation: General Swedish Electrical Limited Company; Swedish abbreviation: ASEA) was a Swedish industrial company. History ASEA was founded in 1883 by Ludvig Fredholm in Västerås as a manufacturer of electrical light and generators. 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. In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB Group. 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. *1889 - the partner Jonas Wenström creates 3-phased generators, motors and transfor ...
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ASEA Logo Pre 1933
''Allmänna Svenska Elektriska Aktiebolaget'' (English translation: General Swedish Electrical Limited Company; Swedish abbreviation: ASEA) was a Swedish industrial company. History ASEA was founded in 1883 by Ludvig Fredholm in Västerås as a manufacturer of electrical light and generators. 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. In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB Group. 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. *1889 - the partner Jonas Wenström creates 3-phased generators, motors and transfor ...
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ASEA IRB
The ASEA IRB is an industrial robot series for material handling, packing, transportation, polishing, welding, and grading. Built in 1975, the robot allowed movement in with a lift capacity of . It was the world's first fully electrically driven and microprocessor-controlled robot, using Intel's first chipset. The ASEA IRB was constructed by Björn Weichbrodt, Ove Kullborg, Bengt Nilsson and Herbert Kaufmann and was manufactured by ASEA in Sweden/Västerås. The first model, , was developed in 1972–1973 on assignment by the ASEA CEO Curt Nicolin and was shown for the first time at the end of August 1973. The example shown in the Swedish National Museum of Science and Technology is the first robot that was sold. It was bought by Magnussons in Genarp to wax and polish stainless steel tubes bent at . This robot was donated to the museum during ASEA's 100-year anniversary in 1983. The IRB 6 sold 1900 copies during the next 17 years (1975–1992). It became the Swedish symbol fo ...
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ABB Group
ABB Ltd. is a Swedish-Swiss multinational corporation headquartered in Zürich, Switzerland. The company was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (ASEA) and Switzerland's Brown, Boveri & Cie merged to create ASEA Brown Boveri, later simplified to the initials ABB. Both companies were established in the late 1800s and were major electrical equipment manufacturers, a business that ABB remains active in today. The company has also since expanded to robotics and automation technology. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years. Until the sale of its Power Grids division in 2020, ABB was Switzerland's largest industrial employer. ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm in Sweden, and the New York Stock Exchange in the United States. An ABB entity plead guilty for bid rigging in 2001, and the company has had 3 US Foreign Corrupt Practices Act bribin ...
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Curt Nicolin
Curt René Nicolin (10 March 1921 – 8 September 2006) was a Swedish businessman. He served as the chairman of ASEA and the Swedish Employers Association. Early life Nicolin was born on 10 March 1921 in Stockholm, Sweden, the son of Felix Nicolin and his wife Anna Lisa (née Rehné). He passed ''studentexamen'' at Sigtunaskolan Humanistiska Läroverket in 1941 and graduated from the Royal Institute of Technology in 1945. Career Nicolin was recruited by the Wallenberg family as an engineer at Svenska Turbinfabriks AB Ljungström (STAL) in Finspång the same year, to lead the development of a Swedish jet engine. He got acquainted with Fredrik Ljungström, thanks to whom he debuted at the Nobel Banquet, and for whom he later authored an obituary. Nicolin became vice CEO and technical manager there in 1953. Nicolin was CEO of STAL from 1955 to 1959 and of Turbin AB de Laval Ljungström from 1959 to 1961. In 1961, the Wallenberg family appointed Nicolin as CEO of ASEA, the crown je ...
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Synthetic Diamond
Lab-grown diamond (LGD; also called laboratory-grown, laboratory-created, man-made, artisan-created, artificial, synthetic, or cultured diamond) is diamond that is produced in a controlled technological process (in contrast to naturally formed diamond, which is created through geological processes and obtained by mining). Unlike diamond simulants (imitations of diamond made of superficially-similar non-diamond materials), synthetic diamonds are composed of the same material as naturally formed diamonds – pure carbon crystallized in an isotropic 3D form – and share identical chemical and physical properties. Numerous claims of diamond synthesis were reported between 1879 and 1928; most of these attempts were carefully analyzed but none was confirmed. In the 1940s, systematic research of diamond creation began in the United States, Sweden and the Soviet Union, which culminated in the first reproducible synthesis in 1953. Further research activity yielded the discoveries of HP ...
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Uno Lamm
August Uno Lamm (May 22, 1904 – June 1, 1989) was a Swedish electrical engineer and inventor. He was sometimes called "The Father of High Voltage Direct Current" power transmission. During his career, Lamm obtained 150 patents. In 1980 the Institute of Electrical and Electronics Engineers (IEEE) developed the Uno Lamm High Voltage Direct Current Award for contributions to the field of high voltage electrical engineering. Biography Lamm was born in Gothenburg, Sweden to Fredrik Hjalmar Lamm and Aino Maria Lovisa Wilhelmina Wijkander. He obtained his master's degree at KTH Royal Institute of Technology in Stockholm in 1927. After a short time in compulsory military service he joined ASEA, the Swedish electrical conglomerate, initially working in their training program. In 1929 he was made manager of the project to develop a high-voltage mercury arc valve. Valves at the time operated only up to about 2500 volts, and if higher-voltage valves were available they could have ...
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Brown, Boveri & Cie
Brown, Boveri & Cie. (Brown, Boveri & Company; BBC) was a Swiss group of electrical engineering companies. It was founded in Zürich, in 1891 by Charles Eugene Lancelot Brown and Walter Boveri who worked at the Maschinenfabrik Oerlikon. In 1970 BBC took over the Maschinenfabrik Oerlikon. In 1988 it merged with ASEA to form ABB. Early History of BBC Brown Boveri BBC Brown Boveri was established in 1891. The company was one of only a few multinational corporations to operate subsidiaries that were larger than the parent company. Because of the limitations of the Swiss domestic market, Brown Boveri established subsidiaries throughout Europe relatively early in its history, and at times had difficulty maintaining managerial control over some of its larger operating units. The merger with ASEA, a company which was praised for its strong management, was expected to help Brown Boveri reorganize and reassert control over its vast international network. Activity in Britain Brown Bove ...
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BBC Brown Boveri
Brown, Boveri & Cie. (Brown, Boveri & Company; BBC) was a Swiss group of electrical engineering companies. It was founded in Zürich, in 1891 by Charles Eugene Lancelot Brown and Walter Boveri who worked at the Maschinenfabrik Oerlikon. In 1970 BBC took over the Maschinenfabrik Oerlikon. In 1988 it merged with ASEA to form ABB. Early History of BBC Brown Boveri BBC Brown Boveri was established in 1891. The company was one of only a few multinational corporations to operate subsidiaries that were larger than the parent company. Because of the limitations of the Swiss domestic market, Brown Boveri established subsidiaries throughout Europe relatively early in its history, and at times had difficulty maintaining managerial control over some of its larger operating units. The merger with ASEA, a company which was praised for its strong management, was expected to help Brown Boveri reorganize and reassert control over its vast international network. Activity in Britain Brown Boveri' ...
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Asko Cylinda
Asko Appliances AB was a Swedish company producing household appliances such as refrigerators, dishwashers and washing machines. It was based in Jung in Vara Municipality in Västergötland. Asko Appliances is now owned by Gorenje Group which is a part of Chinese major appliances manufacturer Hisense. The products continue to be sold in Sweden under the brand Cylinda and Asko. In North America, Asko imports only dishwashers and laundry appliances. Asko is upscale and competes against Bosch, Miele, SMEG, Viking Range, Fulgor and Kitchen Aid. History The company was established in 1950 by Karl-Erik Andersson, whose first invention was a washing machine. The company started producing a fully automatic front-loading washing machine and a compact dishwasher in 1965, and started exporting their products in 1967. The original name was ''Junga Verkstäder'', but after having been acquired by Asea in 1978, the name was changed to ''Asea Cylinda'', later becoming ABB Cylinda after the me ...
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Swastika
The swastika (卐 or 卍) is an ancient religious and cultural symbol, predominantly in various Eurasian, as well as some African and American cultures, now also widely recognized for its appropriation by the Nazi Party and by neo-Nazis. It continues to be used as a symbol of divinity and spirituality in Indian religions, including Hinduism, Buddhism, and Jainism. It generally takes the form of a cross, the arms of which are of equal length and perpendicular to the adjacent arms, each bent midway at a right angle. The word ''swastika'' comes from sa, स्वस्तिक, svastika, meaning "conducive to well-being". In Hinduism, the right-facing symbol (clockwise) () is called ', symbolizing ("sun"), prosperity and good luck, while the left-facing symbol (counter-clockwise) () is called ''sauwastika'', symbolising night or tantric aspects of Kali. In Jain symbolism, it represents Suparshvanathathe seventh of 24 Tirthankaras (spiritual teachers and savio ...
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Oscar Wallenberg
The Wallenberg family is a prominent Swedish family, Europe's most powerful business dynasty. Wallenbergs are noted as bankers, industrialists, politicians, bureaucrats, diplomats and military. The Wallenberg sphere's holdings employ about 600,000 people and have sales of $154 billion a year. The Wallenberg empire consists of 16 Wallenberg Foundations, Foundation Asset Management AB (FAM), Investor AB, Patricia Industries and Wallenberg Investments AB. In the 1970s, the Wallenberg family businesses employed 40% of Sweden's industrial workforce and represented 40% of the total worth of the Stockholm stock market. By 2011, their conglomerate holding company, Investor AB, had an approximate ownership of 120 companies. By 2022, the Wallenberg sphere had an approximate ownership of 330 companies. In 2015, the family still owned a third of Sweden’s entire stock exchange. The Wallenbergs control many Swedish multinationals and other European industrial groups, such as world leadin ...
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Percy Barnevik
Percy Nils Barnevik HonFREng (born 13 February 1941) is a Swedish business executive, best known as CEO and later Chairman of Asea Brown Boveri (ABB) 1988–2002, and for being the centre of a giant pension dispute that shook Sweden in 2003. He is the co-founder of the non-profit organization Hand in Hand. Background Born in Simrishamn in southern Sweden, the youngest of three children, he grew up in Uddevalla, north of Gothenburg, where his parents operated a small printing company. Barnevik was educated at the University of Gothenburg's School of Business, Economics and Law and at Stanford Graduate School of Business. He has received seven honorary doctorates in Sweden, Finland and the U.S., including from Linköping University (1989) and the University of Gothenburg (1991). In 1993, Barnevik received the IEEE Engineering Leadership Recognition Award. Career Barnevik started his professional career in the Swedish company Datema, but soon moved to Sandvik. In Sandviken, wher ...
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