Company Name | Abb Ab |
---|---|
Website | www.abb.com |
Snippet | ABB Ltd (German: ABB AG, French, Italian, Romansh: ABB SA),[1] formerly ASEA Brown Boveri, is a Swedish–Swiss multinational corporation headquartered in Zürich, Switzerland,[7] operating mainly in robotics, power, heavy electrical equipment, and automation technology areas. It is ranked 341st in the Fortune Global 500 list of 2018 and has been a global Fortune 500 company for 24 years.[8] Until the sale of its electricity division in 2020, ABB was Switzerland's largest industrial employer.[9] ABB is traded on the SIX Swiss Exchange in Zürich, Nasdaq Stockholm and the New York Stock Exchange in the United States.[10] |
ISIN | CH0012221716 |
Type | Public (Aktiengesellschaft/SA) |
Owner | Investor AB (12.2%), Cevian Capital (4.89%), BlackRock (3.36%), Capital Group Companies (3.03%) |
Founded | 1988 |
Revenue | US$27.978 billion (2019)[3] |
Website | www.abb.com |
Industry | Electrical equipment |
Products | Power, Automation |
Traded as | SIX: ABBNNYSE: ABBNasdaq Stockholm: ABB |
Key people | Peter Voser (Chairman), Björn Rosengren (CEO) |
Net income | US$1.439 billion (2019)[3] |
Area served | Worldwide |
Native name | ABB AG/ABB SA[1] |
Predecessor | Allmänna Svenska Elektriska Aktiebolaget (1883) of Sweden, Brown, Boveri & Cie (1891) of Switzerland, Two companies in 1988, Swedish company ASEA and Swiss company Brown, Boveri & Cie with merged and created to the Swedish-Swiss company ABB - ASEA Brown Boveri, the company then became dual-listed until 1999 |
Headquarters | Affolternstrasse 44, Zürich, Switzerland[2] |
Total assets | US$44.441 billion (2018)[4] |
Total equity | US$14.534 billion (2018)[4] |
Operating income | US$1.938 billion (2019)[3] |
Number of employees | 144,400 (2019)[3] |
Abb Ab is part of the Switzerland company list
Abb Ab is part of the Electrical Equipment company list
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