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Marcus Wallenberg Jr.
Marcus "Dodde" Wallenberg Jr. (5 October 1899 – 13 September 1982), was a Swedish banker, business manager and member of the Swedish Wallenberg family. He was the most influential representative for the Swedish industrial tradition and Swedish business’ during the 20th century. He was the CEO of Stockholms Enskilda Bank 1946–1958 and during half a century – from the early 1930s until his death in 1982 – he led and reconstructed many of Sweden's largest companies. During World War Two Marcus together with Erik Boheman were appointed to conduct the Swedish trade negotiations. Marcus Wallenberg had a big interest in sailing and tennis. He participated in the 1936 Olympic sailing competitions and was a Swedish elite tennis player. He received a technological honorary degree from Royal Institute of Technology. The historian of business and author describes him as Europe's most powerful banker of the 20th century. Early life Wallenberg was born on 5 October 1899 in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stockholm
Stockholm () is the Capital city, capital and List of urban areas in Sweden by population, largest city of Sweden as well as the List of urban areas in the Nordic countries, largest urban area in Scandinavia. Approximately 980,000 people live in the Stockholm Municipality, municipality, with 1.6 million in the Stockholm urban area, urban area, and 2.4 million in the Metropolitan Stockholm, metropolitan area. The city stretches across fourteen islands where Mälaren, Lake Mälaren flows into the Baltic Sea. Outside the city to the east, and along the coast, is the island chain of the Stockholm archipelago. The area has been settled since the Stone Age, in the 6th millennium BC, and was founded as a city in 1252 by Swedish statesman Birger Jarl. It is also the county seat of Stockholm County. For several hundred years, Stockholm was the capital of Finland as well (), which then was a part of Sweden. The population of the municipality of Stockholm is expected to reach o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Institute Of Technology
The KTH Royal Institute of Technology ( sv, Kungliga Tekniska högskolan, lit=Royal Institute of Technology), abbreviated KTH, is a public research university in Stockholm, Sweden. KTH conducts research and education in engineering and technology and is Sweden's largest technical university. Currently, KTH consists of five schools with four campuses in and around Stockholm. KTH was established in 1827 as the ''Teknologiska institutet (Institute of Technology)'' and had its roots in the ''Mekaniska skolan (School of Mechanics)'' that was established in 1798 in Stockholm. But the origin of KTH dates back to the predecessor of the ''Mekaniska skolan'', the ''Laboratorium mechanicum'', which was established in 1697 by the Swedish scientist and innovator Christopher Polhem. The Laboratorium mechanicum combined education technology, a laboratory, and an exhibition space for innovations. In 1877 KTH received its current name, Kungliga Tekniska högskolan (KTH Royal Institute of Technol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scania AB
Scania AB is a major Swedish manufacturer headquartered in Södertälje, focusing on commercial vehicles—specifically heavy lorries, trucks and buses. It also manufactures diesel engines for heavy vehicles as well as marine and general industrial applications. Scania was formed in 1911 through the merger of Södertälje-based Vabis and Malmö-based Maskinfabriks-aktiebolaget Scania. Since 1912, the company has been re-located again to Södertälje after the merger. Today, Scania has production facilities in Sweden, France, the Netherlands, Thailand, China, India, Argentina, Brazil, Poland, Russia and Finland. In addition, there are assembly plants in ten countries in Africa, Asia and Europe. Scania's sales and service organisation and finance companies are worldwide. In 2012, the company employed approximately 42,100 people around the world. Scania was listed on the NASDAQ OMX Stockholm stock exchange from 1996 to 2014. The company is a subsidiary of Traton, part of the Vo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ericsson
(lit. "Telephone Stock Company of LM Ericsson"), commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in information and communications technology for telecommunications service providers and enterprises, including, among others, 3G, 4G, and 5G equipment, and Internet Protocol (IP) and optical transport systems. The company employs around 100,000 people and operates in more than 180 countries. Ericsson has over 57,000 granted patents. Ericsson has been a major contributor to the development of the telecommunications industry and is one of the leaders in 5G. The company was founded in 1876 by Lars Magnus Ericsson and is jointly controlled by the Wallenberg family through its holding company Investor AB, and the universal bank Handelsbanken through its investment company Industrivärden. The Wallenbergs and the Handelsbanken sphere acquired their v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...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] |
Atlas Copco
Atlas Copco (Copco from Compagnie Pneumatique Commerciale) is a Swedish multinational industrial company that was founded in 1873. It manufactures industrial tools and equipment. The Atlas Copco Group is a global industrial group of companies headquartered in Nacka, Sweden. In 2019, global revenues totaled SEK 104 billion, and by the end of that year the company employed about 38,774 people. The firm's shares are listed on the Nasdaq Stockholm exchange and both 'A' and 'B' classes form part of the benchmark OMXS30 index. Atlas Copco companies develop, manufacture, service, and rent industrial tools, air compressors (of which it is the world's leading producer), construction and assembly systems. The Group operates in four areas: Compressor Technology, Vacuum Technology, Power Technology and Industrial Technology. History Early development AB Atlas, as it was previously named, was founded by Edvard Fränckel, who was a Swedish industrialist, politician and senior official ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saltsjöbanan
Saltsjöbanan is an electrified suburban rail system between Stockholm and Saltsjöbaden in Nacka, Sweden. It is in length and has eighteen stations in use. An average of 17,200 boardings are made on an ordinary workday (2019). The line is mostly single-track (with passing loops between Nacka and Saltsjö-Järla, and between Storängen and Saltsjö-Duvnäs), and is isolated from Sweden's national railway network, although both are built to compatible . The Storstockholms Lokaltrafik (SL) classifes it as "light rail" in its maps. From January 2023 into spring 2024, the complete Saltsjöbanan is planned to be closed for reconstruction, after the westernmost section from Henriksdal to Slussen has already been suspended since 2016. History K.A. Wallenberg largely initiated and financed the project. The railway's initial purpose was to offer a quick way for stressed-out Stockholm residents to get to planned beaches and recreational facilities around Saltsjöbaden. The construc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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