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Nordstjernan
Nordstjernan () is a Swedish investment company. Nordstjernan is a fourth-generation family company controlled by the Axel and Margaret Ax:son Johnson Foundation. The origin is the shipping company Nordstjernan, which was founded in 1890. History The first generation The founder, Axel Johnson (1844-1910), was a businessman of his time and built up capital through knowledgeable share-trading. In 1890, he formed the Nordstjernan shipping company, which expanded rapidly. His business acumen, combined with personal contacts among the economic elite, meant that there were prerequisites for the development of the business concept in combination with a favourable level of financing. By the start of the twentieth century, Axel Johnson was already a leading shipowner in Sweden and a pioneer of regular traffic to South America, with the La Plata route. It was Axel Johnson's final business transaction that put Nordstjernan on the map. He managed to break the international coffee monopoly ...
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Axel Johnson Group
The Axel Johnson Group is a Swedish family-owned company run by the fourth and fifth generation of family owners. It traces its origins to the trading company A. Johnson & Co, founded in 1873. The group consists of four legally and financially independent groups with a common owner, Antonia Johnson, Antonia Ax:son Johnson and her family. In addition, the group has proprietary interests in the British company Spirent plc, listed on the London Stock Exchange, London and New York Stock Exchanges, and in Nordstjernan, which in turn has major interests in other companies, including the listed company Nordic Construction Company, NCC. The four companies in the group are: * Axel Johnson AB * Axel Johnson Inc * Axel Johnson International, Axel Johnson International AB * Axfast, Axfast AB Axel Johnson AB Axel Johnson AB is a Swedish family business that builds and develops trade and service businesses in the European market, with a main focus on the Nordic region. Group companies curren ...
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Axel Johnson
The Axel Johnson Group is a Swedish family-owned company run by the fourth and fifth generation of family owners. It traces its origins to the trading company A. Johnson & Co, founded in 1873. The group consists of four legally and financially independent groups with a common owner, Antonia Ax:son Johnson and her family. In addition, the group has proprietary interests in the British company Spirent plc, listed on the London and New York Stock Exchanges, and in Nordstjernan, which in turn has major interests in other companies, including the listed company NCC. The four companies in the group are: * Axel Johnson AB * Axel Johnson Inc * Axel Johnson International AB * Axfast AB Axel Johnson AB Axel Johnson AB is a Swedish family business that builds and develops trade and service businesses in the European market, with a main focus on the Nordic region. Group companies currently comprise Axel Johnson International, Axfood, Dustin, KICKS, Novax, Martin & Servera and Åhlé ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Asphalt
Asphalt, also known as bitumen (, ), is a sticky, black, highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product, and is classed as a pitch. Before the 20th century, the term asphaltum was also used. Full text at Internet Archive (archive.org) The word is derived from the Ancient Greek ἄσφαλτος ''ásphaltos''. The largest natural deposit of asphalt in the world, estimated to contain 10 million tons, is the Pitch Lake located in La Brea in southwest Trinidad (Antilles island located on the northeastern coast of Venezuela), within the Siparia Regional Corporation. The primary use (70%) of asphalt is in Road surface, road construction, where it is used as the glue or binder mixed with construction aggregate, aggregate particles to create asphalt concrete. Its other main uses are for bituminous waterproofing products, including production of roofing felt and for sealing flat roofs. In material sciences an ...
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Svenska Väg
Swedish or ' may refer to: Anything from or related to Sweden, a country in Northern Europe. Or, specifically: * Swedish language, a North Germanic language spoken primarily in Sweden and Finland ** Swedish alphabet, the official alphabet used by the Swedish language * Swedish people or Swedes, persons with a Swedish ancestral or ethnic identity ** A national or citizen of Sweden, see demographics of Sweden ** Culture of Sweden * Swedish cuisine See also * * Swedish Church (other) * Swedish Institute (other) * Swedish invasion (other) * Swedish Open (other) Swedish Open is a tennis tournament. Swedish Open may also refer to: *Swedish Open (badminton) * Swedish Open (table tennis) *Swedish Open (squash) *Swedish Open (darts) The Swedish Open is a darts tournament established in 1969, held in Malmà ... {{disambig Language and nationality disambiguation pages ...
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Cultural Revolution
The Cultural Revolution, formally known as the Great Proletarian Cultural Revolution, was a sociopolitical movement in the People's Republic of China (PRC) launched by Mao Zedong in 1966, and lasting until his death in 1976. Its stated goal was to preserve Chinese communism by purging remnants of capitalist and traditional elements from Chinese society. The Revolution marked the effective commanding return of Mao –who was still the Chairman of the Chinese Communist Party (CCP)– to the centre of power, after a period of self-abstention and ceding to less radical leadership in the aftermath of the Mao-led Great Leap Forward debacle and the Great Chinese Famine (1959–1961). The Revolution failed to achieve its main goals. Launching the movement in May 1966 with the help of the Cultural Revolution Group, Mao charged that bourgeois elements had infiltrated the government and society with the aim of restoring capitalism. Mao called on young people to "bombard the headqu ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Communist
Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange which allocates products to everyone in the society.: "One widespread distinction was that socialism socialised production only while communism socialised production and consumption." Communist society also involves the absence of private property, social classes, money, and the state. Communists often seek a voluntary state of self-governance, but disagree on the means to this end. This reflects a distinction between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management, and a more vanguardist or communist party-driven approach through the development of a constitutional socialist state ...
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