Neha Patil (Editor)

ASEA

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Industry
  
electrical engineering

Founded
  
1883

Ceased operations
  
January 1, 1988

Founder
  
Ludwig Fredholm

Headquarters
  
ASEA wwwproswastikaorge107imagesnewspostimageseu

Motor allm nna svenska elektriska aktiebolaget asea


Allmänna Svenska Elektriska Aktiebolaget (English translation: General Swedish Electric Company; Swedish abbreviation: ASEA) was a Swedish industry company. In 1988 it merged with the Swiss company Brown, Boveri & Cie (BBC) to form ABB Group. ASEA still exists, but only as a holding company owning 50% of the ABB Group.

Contents

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History

ASEA was founded 1883 by Ludvig Fredholm in Västerås as manufacturer of electrical light and generators. By a 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.

  • 1889 - the partner Jonas Wenström creates 3-phased generators, motors and transformers.
  • 1933 - The company removes the swastika from the logotype, due to the symbol's association with Nazi Germany.
  • 1953 - ASEA creates the first industrial diamonds.
  • 1954 - HVDC Gotland project, first static high-voltage DC system
  • 1960s - ASEA builds 9 of 12 nuclear plants in Sweden.
  • 1974 - Industrial robots are introduced by ASEA
  • 1987 - Acquires Finnish Oy Strömberg Ab
  • 1988 - Merges with BBC Brown Boveri, Asea Cylinda laundry appliances branch brought by Finnish furniture maker Asko, renamed to Asko ASEA.
  • 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
  • 1980-1987 - Percy Barnevik
  • Chairman of the Board

  • 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- Curt Nicolin
  • References

    ASEA Wikipedia