|
Investment AB Öresund
Investment AB Öresund is a Swedish investment company controlled by Mats Qviberg and Sven Hagströmer. Larger holdings in 2018 were Fabege, Bilia, Scandi Standard and Catena Media. History The original company was founded in 1890 as ''Sjöförsäkringsaktiebolaget Öresund''. In 1956 the company was reorganised and ''AB Sjö-Öresund'' became the main company in a group of insurance companies. In 1961 these subsidiaries were sold to Skandia. Skandia paid in cash and in shares. Thus, the company became an investment company and was renamed ''Investment AB Öresund''. It was listed on the stock exchange in 1962. Under Hagströmer and Qviberg In 1993, Öresund was taken over by Sven Hagströmer and Mats Qviberg. They had started building a group of companies around Hagströmer & Qviberg. Öresund became their weapon in an assault on a number of Swedish companies, including AB Custos. Many more traditionalist Swedish businessmen were upset by the success of the two businessm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mats Qviberg
Mats Qviberg (born 1953 in Stockholm) is a Swedish businessman. Together with his close business partner Sven Hagströmer, Qviberg is in control of a group of companies which include Hagströmer & Qviberg and Investment AB Öresund. Youth and Education Mats Qviberg was born in central Stockholm. His father worked at a factory owned by General Motors. Qviberg went to school in Bromma outside the city centre and completed his military service in Strängnäs. He graduated with a degree in business from Stockholm School of Economics. Early career Qviberg started his career with Swedish bank SEB, where he became a stockbroker in 1981. He was incredibly successful and in 1984 he joined Carnegie Investment Bank, a major player on the Swedish financial markets. Hagströmer & Qviberg In 1990, Qviberg became a partner in Hagströmer's company and it was renamed to reflect that. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1961
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swedish Krona
The krona (; plural: ''kronor''; sign: kr; code: SEK) is the official currency of the Kingdom of Sweden. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as means "crown" in Swedish. The Swedish krona was the ninth-most traded currency in the world by value in April 2016. One krona is subdivided into 100 ''öre'' (singular; plural ''öre'' or ''ören'', where the former is always used after a cardinal number, hence "50 öre", but otherwise the latter is often preferred in contemporary speech). However, all öre coins were discontinued from 30 September 2010. Goods can still be priced in ''öre'', but all sums are rounded to the nearest krona when paying with cash. The word ''öre'' is ultimately derived from the Latin word for gold (''aurum''). History ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alfa Laval
Alfa Laval AB is a Sweden, Swedish corporation, company, founded in 1883 by Gustaf de Laval and :sv:Oscar Lamm, Oscar Lamm. The company, which started in providing centrifugal separation solutions for dairy (see Separator (milk)), now deals in the production of specialised products and solutions for heavy industry. The products are used to heat, cool, separate and transport such products as oil, water, chemicals, beverages, foodstuffs, starch and pharmaceuticals. Alfa Laval is headquartered in Lund, Sweden and has Subsidiary company, subsidiary companies in over 100 countries around the world, including South Africa, Denmark, Italy, India, Japan, China, Netherlands, and the United States. As of the end of 2021, Alfa Laval had a global workforce of 18,574 employees and revenue of $4,770.22 million. Company structure and end-markets Alfa Laval is a heavy industry company that focuses on the large-scale operations, such as the Marine, Energy, Food & Water industries. Alfa Laval Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor AB
Investor AB is a Swedish investment and ''de facto'' conglomerate holding company. It was founded in 1916 and is still controlled by the Wallenberg family through their Foundation Asset Management company FAM. The company owns a controlling stake in several large Swedish companies, with smaller positions in a number of other firms. History Investor AB was established by the Wallenberg family in Stockholm in 1916 when new Swedish legislation made it more difficult for banks to own stocks in industrial companies on a long-term basis. The shareholdings of the family bank, Stockholms Enskilda Bank ( SEB today), were transferred to Investor AB, a newly formed industrial holding company spun out of the bank. Investments Listed companies Investor AB own significant minority stakes in listed companies and are typically the largest shareholder. * ABB - Provides electrification products, robotics and motion, industrial automation and power grids. * AstraZeneca - A biopharmaceutical com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volvo
The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. In 2016, it was the world's second-largest manufacturer of heavy-duty trucks. Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company. Since 2010 Volvo Cars has been owned by the automotive company Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Sweden. The corporation was first listed on the Stockholm Stock Exchange in 1935, and was on the NASDAQ indices from 1985 to 2007. Volvo was established in 1915 as a subsidiary of SKF, a ball bearing manufacturer; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
