''Allmänna Svenska Elektriska Aktiebolaget'' ( English translation: General Swedish Electrical Limited Company;

Swedish 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 ...

abbreviation: ASEA) was a

industrial company.

History

ASEA was founded in 1883 by Ludvig Fredholm in

Västerås Västerås ( , , ) is a city in central Sweden on the shore of Lake Mälaren in the province of Västmanland, west of Stockholm. The city had a population of 127,799 at the end of 2019, out of the municipal total of 154,049. Västerås is the se ...

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 Jonas Wenström (August 4, 1855 in Hällefors – December 22, 1893 in Västerås) was a Swedish people, Swedish engineer and inventor. the basis for ASEA (later ABB Group, ABB). About the invention of electric light, Wenström wrote: "Ediso ...

creates

3-phase Three-phase electric power (abbreviated 3φ) is a common type of alternating current used in electricity generation, transmission, and distribution. It is a type of polyphase system employing three wires (or four including an optional neutral r ...

d generators, motors and transformers. *1933 - The company removes the swastika from its logo, due to the symbol's association with

Nazi Germany Nazi Germany (lit. "National Socialist State"), ' (lit. "Nazi State") for short; also ' (lit. "National Socialist Germany") (officially known as the German Reich from 1933 until 1943, and the Greater German Reich from 1943 to 1945) was ...

. *1953 - ASEA creates the first

industrial diamonds Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Another solid form of carbon known as graphite is the chemically stable form of carbon at room temperature and pressure, b ...

. *1954 - HVDC Gotland project, first static high-voltage DC system *1960s - ASEA builds nine of 12 nuclear plants in Sweden. *1968 - ASEA’s

elevator An elevator or lift is a cable-assisted, hydraulic cylinder-assisted, or roller-track assisted machine that vertically transports people or freight between floors, levels, or decks of a building, vessel, or other structure. They ar ...

business gets acquired by Kone *1974 -

Industrial robot An industrial robot is a robot system used for manufacturing. Industrial robots are automated, programmable and capable of movement on three or more axes. Typical applications of robots include robot welding, welding, painting, assembly, Circu ...

s are introduced by ASEA *1987 - Acquires Finnish Oy Strömberg Ab *1988 - Merges with BBC Brown Boveri, Asea Cylinda laundry appliances branch bought by Finnish furniture maker Asko, renamed Asko ASEA.

Business management

CEOs

*1883–1891 – Ludvig Fredholm *1891–1903 – Göran Wenström *1903–1933 – Sigfrid Edström *1934–1942 – Arthur Lindén *1942–1949 – Thorsten Ericson *1949–1961 – Åke Vrethem *1961–1976 – Curt Nicolin *1976–1980 – Torsten L. Lindström *1980–1988 – Percy Barnevik

Chairman of the Board

*1891–1891 – Ludvig Fredholm *1892–1909 – Oscar Fredrik Wijkman *1910–1914 – Oscar Wallenberg *1914–1933 – Sten Ankarcrona *1934–1949 – Sigfrid Edström *1949–1956 – Thorsten Ericson *1956–1976 – Marcus Wallenberg *1976–1991 – Curt Nicolin

History

Business management

CEOs

Chairman of the Board

See also

References

Further reading