L E Lundbergföretagen
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L E Lundbergföretagen
L E Lundbergföretagen AB (called Lundbergföretagen or Lundbergs) is an investment company controlled by the Swedish businessman Fredrik Lundberg and family. History In 1944, when Lars Erik Lundberg was only 24, he formed the company that was later to become Lundbergs in his apartment in Norrköping. This company engaged in construction operations and focused on residential building. At an early stage, Lars Erik Lundberg started to show an interest in investing in proprietary properties, having understood the value represented by expansion into an additional business sector, real estate management. This move created greater stability in the company, which could gradually reduce its dependence on construction operations. It is this foundation upon which Fastighets AB L E Lundberg’s property operations rest today. At the end of the 1970s, Lundbergs began to consider a further expansion of the group’s operations and, during the 1980s, a series of investments were made within ...
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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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Husqvarna AB
The Husqvarna Group () is a Swedish manufacturer of outdoor power products including chainsaws, trimmers, brushcutters, cultivators, and garden tractors. Founded as a firearms manufacturer in 1689, it is one of the oldest continuously running companies in the world. Headquartered in Stockholm, Sweden, the group also produces consumer watering products, cutting equipment and diamond tools for the construction and stone industries. Their motorcycle division was spun off in 1987, and is now owned by KTM. Their sewing machine division was sold off in 1997 and is now owned by SVP Worldwide. Husqvarna Group sponsors the Swedish ice hockey club HV71 and several local community engagement projects around the world. History 1689 – Firearms The drilling work at the waterfalls in Husqvarna, southern Sweden, was the first large plant. The state-owned rifle factory had some 1,000 employees at the beginning of the 18th century. The company was spun off from Husqvarna Vapenfabriks ...
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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 ef ...
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Companies Listed On Nasdaq 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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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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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 ...
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Investment AB Latour
Investment AB Latour is the investment company controlled by the Swedish businessman and billionaire Gustaf Douglas and his family. Through the company, Douglas controls ''inter alia'', security firm Securitas AB and the world-leading lock producer Assa Abloy Assa Abloy AB is a Swedish conglomerate whose offerings include products and services related to locks, doors, gates, and entrance automation. Related products and services include controlling access and confirming identities with keys, cards, .... Latour is also the biggest shareholder of the world's largest RVM provider Tomra (with 21.08% of the stock as of July 2021). Gustaf Douglas is the chairman of the company. His wife and one of his sons also serve on the company board. References External linksOfficial Website Companies based in Gothenburg Investment companies of Sweden 1984 establishments in Sweden Financial services companies established in 1984 Companies listed on Nasdaq Stockholm {{finan ...
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Investment AB Kinnevik
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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Ratos
Ratos AB (portmanteau for Ragnar and Torsten Söderberg) is a Swedish private equity company founded in 1934 and still controlled by the Söderberg family. Ratos is listed on the Stockholm Stock Exchange. History The Söderberg brothers established Ratos in the 1933 as a holding company for the family's growing enterprises. At the time the family was owners of Söderberg & Haak. Ratos developed with extensive ownership in companies such as Stora Kopparberg, Gränges and Esselte in addition to a wholly owned steel division. It was listed on the stock exchange in 1954. In 1979 the steel division, that at the time was called Tibnor, was sold to the state owned SSAB as part of the re-organization of the crisis hit steel industry. After that the company expanded into new areas, including a larger number of transport companies, the hotel chain Scandic Hotels and the plumbing chain Dahl International. During this period Sven Söderberg (1928-2004) was President and CEO. The financial ...
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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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Handelsbanken
Svenska Handelsbanken AB is a Swedish bank providing banking services including traditional corporate transactions, investment banking and trading as well as consumer banking including insurance. Handelsbanken is one of the major banks in Sweden with a nationwide branch network. Since the mid 1990s Handelsbanken has been expanding its universal banking operations into the other Nordic countries, and also in the United Kingdom and the Netherlands. The largest of these is in Britain with more than 200 branch offices. In October 2021 Handelsbanken announced that it will focus on its main markets Britain, Sweden and Norway and sell its operations in Finland and Denmark. History Founding as Stockholms Handelsbank Stockholms Handelsbank ("Stockholm Commerce Bank") was created in early 1871 by several large corporations and leading Stockholm residents.
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