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Statsföretag
''Statsföretag'' was a Swedish government holding company and national wealth fund for more than 20 years. The company was created by the Swedish Parliament to centralize and consolidate state ownership of public commercial assets especially within heavy industries such as shipyard, steel and forestry. During the economic crisis of the 1970s in Sweden, several other assets were nationalized and the activities of the company became organized along multiple industrial segments. After severe losses, the company was restructured in 1983 and renamed Procordia, with a number of industrial assets such as ASSI, LKAB and SSAB transferred and held directly by the Ministry of Industry In 1987, the company was partially privatized and the state participation reduced to 81%. The company shares were listed on October 15, 1987, on the Stockholm Stock Exchange. In 1990 Procordia was merged with the pharmaceutical company Pharmacia and the food company Provendor owned by Volvo. Consequently, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swedish Match
Swedish Match AB is a Swedish multinational tobacco company headquartered in Stockholm. The company manufactures snus, nicotine pouches, moist snuff, tobacco- and nicotine-free pouch products, chewing tobacco, chew bags, tobacco bits, cigars, matches, and lighters, with operations in Sweden, Denmark, the United States, the Dominican Republic, Brazil, the Netherlands, and the Philippines. The company's origins can be traced back to 1868, and Ivar Kreuger. Swedish Match has played an important part in Sweden's industrial development. History The operations of Swedish Match originate from two companies: Svenska Tobaksmonopolet, a tobacco monopoly owned by the Swedish state and founded in 1915, and Svenska Tändsticks Aktiebolaget (STAB), a match manufacturing company founded in 1917 by Ivar Kreuger (also known as the ”Match King”) in connection with the acquisition of Jönköpings Tändsticksfabrik. In 1992, the tobacco and lights operations were joined in the Procordia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Förvaltningsaktiebolaget Stattum
Förvaltningsaktiebolaget Stattum, a Swedish government holding company that can be characterized as a National Wealth Fund. It was set up in 1991, to manage the listed shareholdings of the Swedish government, following the dismantling of Fortia AB and Statsföretag. Shareholdings included Celsius Industrier AB, AssiDomän, SSAB, and Pharmacia & Upjohn. Stattum played a leading role when the Swedish government The Government of the Kingdom of Sweden ( sv, Konungariket Sveriges regering) is the national cabinet of Sweden, and the country's executive authority. The Government consists of the Prime Ministerappointed and dismissed by the Speaker of the R ... made the first attempt by a European government to address systematically the ownership and management of government enterprises in 1998–2001. References 1991 establishments in Sweden Government-owned companies of Sweden Sovereign wealth funds {{Sweden-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volvo
The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services. In 2016, it was the world's second-largest manufacturer of heavy-duty trucks. Automobile manufacturer Volvo Cars, also based in Gothenburg, was part of AB Volvo until 1999, when it was sold to the Ford Motor Company. Since 2010 Volvo Cars has been owned by the automotive company Geely Holding Group. Both AB Volvo and Volvo Cars share the Volvo logo and cooperate in running the Volvo Museum in Sweden. The corporation was first listed on the Stockholm Stock Exchange in 1935, and was on the NASDAQ indices from 1985 to 2007. Volvo was established in 1915 as a subsidiary of SKF, a ball bearing manufacturer; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1991 Establishments In Sweden
File:1991 Events Collage.png, From left, clockwise: Boris Yeltsin, elected as Russia's first president, waves the new flag of Russia after the 1991 Soviet coup d'état attempt, orchestrated by Soviet hardliners; Mount Pinatubo erupts in the Philippines, making it the second-largest volcanic eruption of the 20th century; MTS Oceanos sinks off the coast of South Africa, but the crew notoriously abandons the vessel before the passengers are rescued; Dissolution of the Soviet Union: The Soviet flag is lowered from the Kremlin for the last time and replaced with the flag of the Russian Federation; The United States and soon-to-be dissolved Soviet Union sign the START I Treaty; A tropical cyclone strikes Bangladesh, killing nearly 140,000 people; Lauda Air Flight 004 crashes after one of its thrust reversers activates during the flight; A United States-led coalition initiates Operation Desert Storm to remove Iraq and Saddam Hussein from Kuwait, 300x300px, thumb rect 0 0 200 200 1991 S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
UBS Warburg
UBS Group AG is a multinational Investment banking, investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the List of largest banks, largest Swiss banking institution and the Private banking, largest private bank in the world. UBS client services are known for their strict bank–client confidentiality and culture of #Banking secrecy, banking secrecy. Because of the bank's large positions in the Americas, Europe, the Middle East and Africa, EMEA, and Asia-Pacific, Asia Pacific markets, the Financial Stability Board considers it a Systemically important financial institution, global systemically important bank. Apart from private banking, UBS provides wealth management, asset management, and investment banking services for private, corporate, and institutional clients with international service. UBS manages the largest amount of private weal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Sassoon
James Meyer Sassoon, Baron Sassoon, (born 11 September 1955) is a British businessman and politician. After a career in the financial sector he served in various roles in HM Treasury, the UK's finance ministry, from 2002 to 2008, at which point he began advising David Cameron on financial issues. From May 2010 to January 2013, Sassoon was the first Commercial Secretary to the Treasury and was appointed to the House of Lords as a Conservative. In January 2013, he became an executive director of Jardine Matheson Holdings and of Matheson & Co. He is also a director of Hongkong Land, Dairy Farm and Mandarin Oriental and chairman of the China-Britain Business Council. In November 2017 he was mentioned in the Paradise Papers as one of the beneficiaries of a tax exempt Cayman Island trust fund worth $236 million in 2007 and defended it as being of non UK origin. Sassoon was president of the international Financial Action Task Force on Money Laundering 2007–2008. Early life and edu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euromoney
''Euromoney'' is an English-language monthly magazine focused on business and finance. First published in 1969, it is the flagship production of Euromoney Institutional Investor plc. History and profile ''Euromoney'' was first published in 1969 by Sir Patrick Sergeant. It is part of Euromoney Institutional Investor, an international business-to-business media group focused primarily on the international finance industry. The group became a public company in 1986, and is listed on the London Stock Exchange as Euromoney Institutional Investor PLC. The headquarters of the magazine is in London. Sir Patrick Sergeant continued to manage the business until 1985 and remains as co-president of the company. Daily Mail and General Trust plc is the largest shareholder in the company. DMGT's principal shareholder, Jonathan Harmsworth, 4th Viscount Rothermere, is co-president of Euromoney Institutional Investor. ''Euromoney'' covers global banking, macroeconomics and capital markets, inc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pharmacia & Upjohn
Pharmacia & Upjohn was a global pharmaceutical company formed by the merger of Sweden-based Pharmacia AB and the American company The Upjohn Company, Upjohn in 1995. Today the remainder of the company is owned by Pfizer. In 1997, Pharmacia & Upjohn sold several brands to Johnson & Johnson, including Motrin and Cortaid. History Amersham In 1997, the biotechnology division of the company Pharmacia Biotech merged with Amersham plc, Amersham Life Science with the new merged entity being known as Amersham Pharmacia Biotech. In 2001, the company was renamed Amersham Biotech. In 2002, Pharmacia sold its share of the company to Amersham plc. In 2004, Amersham Biosciences was acquired by GE Healthcare. In 1998, the nutrition division of the company was sold to Fresenius SE, Fresenius. Monsanto Monsanto acquired the pharmaceutical company G. D. Searle & Company in 1985. In 1998, Searle and the Monsanto Pharma Sector partnered with Pfizer to develop and promote celecoxib, an anti-inflammat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orkla ASA
Orkla ASA is a Norwegian conglomerate operating in the Nordic region, Eastern Europe, Asia and the US. At present, Orkla operates in the branded consumer goods, aluminium solutions and financial investment sectors. Orkla ASA is listed on the Oslo Stock Exchange and its head office is in Oslo, Norway. , Orkla had 21,423 employees. The Group's turnover in 2021 totalled NOK 50.4 billion. Operations Orkla's branded consumer goods division produces brands in many fields, primarily in the Nordic region, but also in other places such as Central and Eastern European countries, Russia and the Baltic region. Among the companies owned by Orkla are Abba Seafood, Beauvais foods, Chips, Felix Abba, Göteborgs Kex, Kalev, KiMs, Lilleborg, MTR Foods, Rasoi Magic, Peter Möller, Nidar, OLW, Panda, Procordia Food, Stabburet, Sætre, Pierre Robert Group and Laima. As of February 2020 Orkla has major ownership in Jotun (42.6%). Borregaard was divested and listed on the Oslo Stock Exchange i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Statens Offentliga Utredningar
Statens offentliga utredningar (SOU), "Swedish Government Official Reports", is the name of an official series of reports of committees appointed and convened by the Government of Sweden for the analysis of issues in anticipation of a proposed legislation before the Riksdag or the issuance of ordinances. Reports from committees conducted within a Swedish government ministry are published in another series, called "Departementsserien" (Ds, "Ministry Publications Series"). See also *Public inquiry * Royal Commission *White paper A white paper is a report or guide that informs readers concisely about a complex issue and presents the issuing body's philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision. A white paper ... External links *http://www.sou.gov.se/ Homepage *http://www.sweden.gov.se/sb/d/2854/a/19197 "How laws are made" *http://www.regeringen.se/sb/d/1522/a/13504 Law of Sweden Government of Sweden {{Europ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
