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Fortia AB
Fortia AB, a Swedish government-owned holding company and National Wealth Fund set up in 1990 to support the industrial development in Sweden through a number of larger holdings including; Celsius Industrier AB, FFV AB, LKAB Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a government owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 195 ..., NcB AB, Procordia AB (including its shares in Pharmacia AB), AB Statens Skogsindustrier (ASSI), SSAB Svenskt Stål, Sveriges Geologiska AB (SGAB), Cementa AB samt SIB-Invest AB. Some holding are taken over by Stattum, when closed down in 1991. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. '' The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such ... [...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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saab Group
Saab AB (originally , later just SAAB and Saab Group) is a Swedish aerospace and defence company, founded in 1937. Headquartered in Stockholm, the development and the manufacturing is undertaken in Linköping. Saab produced automobiles from 1947 until 1990 when the automobile division was spun off as Saab Automobile, a joint venture with General Motors. The joint venture ended in 2000 when GM took complete ownership. From 1968 onwards the company was in a merger with commercial vehicle manufacturer Scania-Vabis, known as Saab-Scania. The two were de-merged in 1995 by the new owners, Investor AB. Despite the demerger, both Saab and Scania share the right to use the griffin logo, which originates from the coat of arms of the Swedish region of Scania. History "Svenska Aeroplan AktieBolag" (Swedish for "Swedish Aeroplane Company Limited") (SAAB) was founded in 1937 in Trollhättan, with the merger of Svenska Aero AB (SAAB) and Linköping based ASJA the headquarters moved to Linköp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LKAB
Luossavaara-Kiirunavaara Aktiebolag (LKAB) is a government owned Swedish mining company. The company mines iron ore at Kiruna and at Malmberget in northern Sweden. The company was established in 1890, and has been 100% state-owned since the 1950s. The iron ore is processed to pellets and sinter fines, which are transported by Iore trains ( Malmbanan) to the harbours at Narvik and Luleå and to the steelmill at Luleå ( SSAB). Their production is sold throughout much of the world, with the principal markets being European steel mills, as well as North Africa, the Middle East and Southeast Asia. , LKAB has over 4,500 employees in 12 countries. There are iron ore mines, processing plants and ore harbors in northern Sweden and Norway, and a sales office in Germany. LKAB has subsidiaries for industrial minerals with processing plants in Sweden, Finland, the UK, the Netherlands, Turkey and China. Additional subsidiaries are in Germany, the US and Hong Kong as well as representati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pharmacia
Pharmacia was a pharmaceutical and biotechnological company in Sweden that merged with the American pharmaceutical company Upjohn in 1995. History Pharmacia company was founded in 1911 in Stockholm, Sweden by pharmacist Gustav Felix Grönfeldt at the ''Elgen'' Pharmacy. The company is named after the Greek word φαρμακεία, transliterated ''pharmakeia'', which means 'sorcery'. In the company's early days, much of its profits were derived from the "miracle medicine" Phospho-Energon. During World War II, Swedish chemist Björn Ingelman (who worked for Arne Tiselius at Uppsala university) researched various uses for the polysaccharide dextran. Together with the medical researcher Anders Grönwall, he discovered that dextran could be used as a replacement for blood plasma in blood transfusions, for which there could be a large need in wartime. Pharmacia, which then was still a small company, was contacted in 1943 and its CEO Elis Göth was very interested. The product ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SSAB
SSAB AB, earlier ''Svenskt Stål AB'' (English: Swedish Steel), () is a Swedish company, formed in 1978, that specialises in processing raw material to produce steel. The largest shareholders are Aktiebolag Industrivärden and the Government of Finland. History The headquarters are in central Stockholm. SSAB initially saw losses during the years 1978 to 1981, and became profitable in 1982. It is involved in the production of steel and steel products, both standardized and specialized for various fields and uses. In addition to steel production, the company also partners with design firms during their execution of architectural projects. Its R&D department works with customers in order to provide custom solutions for new projects. In 2014 SSAB became a member of the four year pilot program organization “Steel Eco-System” sponsored by the Swedish government. In November 2017 the company has a market cap of $35.55 billion, and is traded on the Stockholm NASDAQ exchange. The com ... [...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] |
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 pape ... 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 {{Eu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1990 Establishments In Sweden
Year 199 ( CXCIX) was a common year starting on Monday (link will display the full calendar) of the Julian calendar. At the time, it was sometimes known as year 952 ''Ab urbe condita''. The denomination 199 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Mesopotamia is partitioned into two Roman provinces divided by the Euphrates, Mesopotamia and Osroene. * Emperor Septimius Severus lays siege to the city-state Hatra in Central-Mesopotamia, but fails to capture the city despite breaching the walls. * Two new legions, I Parthica and III Parthica, are formed as a permanent garrison. China * Battle of Yijing: Chinese warlord Yuan Shao defeats Gongsun Zan. Korea * Geodeung succeeds Suro of Geumgwan Gaya, as king of the Korean kingdom of Gaya (traditional date). By topic Religion * Pope Zephyrinus succeeds Pope Victor I, as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Sweden
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
