''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 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 Swiss may refer to: * the adjectival form of Switzerland * Swiss people Places * Swiss, Missouri * Swiss, North Carolina *Swiss, West Virginia * Swiss, Wisconsin Other uses *Swiss-system tournament, in various games and sports *Swiss Internation ...

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 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

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from its logo, due to the symbol's association with Nazi Germany. *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 business gets acquired by Kone *1974 - Industrial robots 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