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Kinnevik AB
Kinnevik AB () is a Swedish investment company that was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik is an active and long-term owner investing primarily in digital consumer businesses. Current CEO, Georgi Ganev, was appointed in 2018. Kinnevik holds significant stakes in about 30 companies and invest in Europe, with a focus on the Nordics, the US, and selectively in other markets. Kinnevik currently operates in four sectors; Consumer Services, Financial Services, Healthcare Services and TMT (Technology, Media and Telecommunications). The largest holdings are Zalando, Tele2, Millicom, Global Fashion Group, Babylon Health and Livongo. History Kinnevik was founded as an investment company in 1936 by Robert von Horn, Wilhelm Klingspor and Hugo Stenbeck. The most important holdings when the company started were Mellersta Sveriges Lantbruks AB, Lidköpings Konfektyr Industri AB and Korsnäs Sågverks AB. The company grew quickly through share purchas ...
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Aktiebolag
''Aktiebolag'' (, " stock company") is the Swedish term for "limited company" or "corporation". When used in company names, it is abbreviated AB (in Sweden), Ab (in Finland), or, rarely, A/B (dated), roughly equivalent to the abbreviations ''Ltd.'' and '' PLC''. The state authority responsible for registration of aktiebolag in Sweden is called the Swedish Companies Registration Office. Sweden All ''aktiebolag'' are divided into two categories: private limited companies and public limited companies. The name of a private limited company may not contain the word ''publikt'' ("public") and the name of a public limited company may not contain the word ''privat'' or ''pvt.'' ("private"). Public A public limited company (''publikt aktiebolag'') is legally denoted as "AB (publ.)" in Sweden or "Abp" in Finland. A Swedish public limited company must have a minimum share capital of 500,000 Swedish kronor and its shares can be offered to the general public on the stock market. The ...
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Sandvik
Sandvik AB is a Swedish multinational engineering company specializing in metal cutting, digital and additive manufacturing, mining and construction, stainless and special steel alloys, and industrial heating. The company was founded in Sweden in 1862. In 2020, the Sandvik Group had approximately 37,000 employees and revenues of about 86 billion SEK in more than 160 countries. History The beginning The company was founded by Göran Fredrik Göransson in 1862. He was an early user of the Bessemer process on an industrial scale. The company started as Högbo Stål & Jernverks AB in Sandviken, Sweden and was later reorganized as Sandvikens Jernverk (Ironworks) AB in 1868. The Sandvik brand name was first used officially in 1876 when Sandvik began selling products in the USA. Sandvikens Jernverk was introduced on the Stockholm Stock Exchange in 1901. In the 1860s, sales were conducted through trading houses in Sweden, Norway, Denmark, the UK, Russia, Germany and France. I ...
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Financial Services Companies Established In 1936
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 assessment ...
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Stenbeck Family
Stenbeck is Swedish language surname. It may refer to: *Cristina Stenbeck (born 1977), American businesswoman * Hugo Stenbeck (1890–1977), Swedish lawyer *Jan Stenbeck (1942–2002), Swedish businessman * Margaretha Stenbeck (born 1939), Swedish politician * Max Stenbeck (1985–2015), American businessman Fiction * Barbara Stenbeck, fictional character on the television series ''As the World Turns'' *James Stenbeck, fictional character on the television series ''As the World Turns'' * Lucinda Stenbeck, fictional character on the television series ''As the World Turns'' * Paul Stenbeck, fictional character on the television series ''As the World Turns'' See also * Steenbeck (surname) *Steinbach (surname) Steinbach is a German surname. Notable people with the surname include: * Debbie Steinbach (born 1953), American golfer * Eckehard Steinbach, German engineer * Emil Steinbach (1846–1907), Austrian statesman *Eric Steinbach (born 1980), American f ... * Steinbacher * Steinbeck ...
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Investment Companies Of Sweden
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical eff ...
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Companies Based In Stockholm
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Pleo Technologies
PLEO is an animatronic pet dinosaur toy manufactured by Innvo Labs, a company located in Hong Kong and Nevada. The toy has the appearance and (imagined) behavior of a week-old baby '' Camarasaurus'' dinosaur. It was designed by Caleb Chung, the co-creator of the Furby, Chung's company Ugobe first sold Pleo and was manufactured by Jetta Company Limited. The species of dinosaur chosen allows for concealing the sensors and motors needed for the animation, since it has a big body shape and relatively large head. According to their website, each Pleo would "learn" from its experiences and environment through artificial intelligence and develop an individual personality. PLEO was unveiled on February 7, 2006 at the DEMO Conference in Scottsdale, Arizona and was expected to come on the Indian and American markets around Fall 2007. PLEO shipments started on December 5, 2007. In April 2009, Ugobe laid off all of its employees and filed for bankruptcy. On June 8, 2009 the original PL ...
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Amelia Fawcett
Dame Amelia Chilcott Fawcett (born 16 September 1956) is an American-British business executive who is currently Chairman of Kinnevik AB ( Stockholm) and Lead Director of State Street Corporation ( Boston, Massachusetts). Fawcett is the Chairman of Royal Botanic Gardens, Kew, a Governor of the Wellcome Trust and a Trustee of Project HOPE UK. Fawcett is a former Vice Chairman for Morgan Stanley. Other prior posts include Chairman of the Standards Board for Alternative Investments (2011–2019), a non-executive member of the Board of HM Treasury (2012–2018), Chairman of The Prince of Wales's Charitable Foundation (2011–2018), Deputy Chairman and a Governor of the London Business School (2009–2018) and a Commissioner of the UK-US Fulbright Commission (2010–2017). Fawcett also has been a member of the Court of the Bank of England (2004–2009) and Deputy Chairman of the National Portrait Gallery (2003–2011) as well as non-executive director (from 2007) and Chairm ...
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Rocket Internet
Rocket Internet SE is a German Internet company headquartered in Berlin. The company builds startups and owns shareholdings in various models of internet retail businesses. The company model is known as a startup studio or a venture builder. It provides office space to new companies at its headquarters in Berlin, with IT support, marketing services and access to investors. As of 2016, Rocket Internet has more than 28,000 employees across its worldwide network of companies, which consists of over 100 entities active in 110 countries. The company's market capitalization was €3.49 billion as of November 3, 2017. On July 12, 2021, the market capitalization was €3.7 billion. History The company was founded in Berlin in 2007 by three brothers: Marc, Oliver and Alexander Samwer and was once also connected to the European Founders Fund, an associated company. In 2008, Rocket Internet founded Zalando, emulating the business model of US online retailer Zappos.com. On July 1, ...
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Cristina Stenbeck
Cristina Mayville Stenbeck, born 27 September 1977 in New York City, United States, is a Swedish business woman and investor. She is the principal owner and former executive chairman of Investment AB Kinnevik, one of the largest family-controlled companies in Sweden. Early life Stenbeck was born in New York City as the eldest daughter of Jan Stenbeck (1942-2002), a Swedish industrialist and entrepreneur, and her American mother, Merrill McLeod. Her parents had three other children, Hugo, Sophie and Max Stenbeck. Her father also had the son Felix Granander. Stenbeck is the granddaughter of Hugo Stenbeck (1890 – 1977), a Swedish industrialist and lawyer who was one of the co-founders of the family company, Investment AB Kinnevik. Stenbeck attended St. Andrew's School in Delaware (where she later served as a trustee), and graduated from Georgetown University in Washington, D.C. with a Bachelor of Science in 2000 at age 22. Career Stenbeck's business career began in 1997 after ...
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Pehr G
Pehr is a predominantly Swedish language masculine give name and may refer to: *Pehr Adlerfelt (1680–1743), Swedish Army colonel *Pehr von Afzelius (1760–1843), Swedish medical doctor and professor * Pehr Victor Edman (1916—1977), Swedish biochemist * Pehr von Ehrenheim (1823–1918), Swedish politician *Pehr Forsskål (also known as Peter Forsskål; 1732–1763), Swedish-Finnish explorer, orientalist and naturalist * Pehr Götrek (1798–1876), Swedish Christian communist *Pehr Gyllenhammar (1901–1988), Swedish businessman * Pehr G. Gyllenhammar (born 1935), Swedish businessman * Pehr Harbury (born 1965), American biochemist * Pehr Hilleström (1732–1816), Swedish artist * Pehr Ferdinand Holm (1844–1917), Swedish-born New Zealand mariner * Pehr G. Holmes (1881–1952), Swedish-born American politician *Pehr Hörberg (1746–1816), Swedish painter and musician *Pehr Janse (1893–1961), Swedish Army major general *Pehr Kalm (1716–1779), Finnish explorer and natura ...
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