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SABA (hygiene Products)
A/S SABA, later SABA Mölnlycke A/S (1986–1996), was a Norwegian company that produced hygiene products such as menstrual pads, tampons, diapers, incontinence products and wet wipes. The company later became part of Sca Mölnlycke, Sca Hygiene Products, and Essity in turn; the name ''Saba'' is currently owned by Essity and used for a brand of feminine care products. The company was established in 1945 at in the present-day municipality of Tønsberg, Vestfold og Telemark. For a time, Saba had several hundred employees and was considered a cornerstone company in the district. In 1968, Saba was acquired by the Swedish industrial company Mölnlycke AB. In 1996, SCA (Svenska Cellulosa Aktiebolaget) acquired Mölnlycke, and with it Saba. SCA later spun off its hygiene products into the Essity brand in 2017. Production in Tønsberg ceased in 2002, and in 2007 the last employees moved from Tønsberg to the head office in Oslo. History In 1940, Arne Gravdahl, who ran a transport b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aksjeselskap
''Aksjeselskap'' is the Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital. Public companies are called Allmennaksjeselskap (ASA), while companies without limited liability are called '' Ansvarlig selskap'' (ANS). All AS companies must have a stock capital of at least NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiaries may have a different fiscal year, as is allowed, to match the parent corporation. The ASA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |