Company Name | Abb Asea Brown Boveri |
---|---|
Website | https://new.abb.com |
Snippet | ABB Asea Brown Boveri, was the result of a merger between Asea AB of Sweden and BBC Brown Boveri Ltd. of Baden, Switzerland in 1988. The merged entity became the world’s leading supplier in the $50 billion electric power industry. At that time ABB controlled as much as a third of Europe’s business and more than 20 percent of the world market. |
ISIN | CH0012221716 |
Type | Public |
Owner | Investor AB (11.5%)[3] |
Founded | 1988 |
Revenue | US$27.978 billion (2019)[1] |
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)[1] |
Area served | Worldwide |
Predecessor | Allmänna Svenska Elektriska Aktiebolaget (1883) of Sweden, Brown, Boveri & Cie (1891) of Switzerland, Both companies survived until 1999 when ABB ceased to be dual-listed |
Headquarters | Zurich, Switzerland |
Total assets | US$44.441 billion (2018)[2] |
Total equity | US$14.534 billion (2018)[2] |
Operating income | US$1.938 billion (2019)[1] |
Number of employees | 144,400 (2019)[1] |
Abb Asea Brown Boveri is part of the Switzerland company list
Abb Asea Brown Boveri is part of the Electrical Equipment company list
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