Abb Asea Brown Boveri Company Profile

Aggregated data from the web about Abb Asea Brown Boveri
Company Name Abb Asea Brown Boveri
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]
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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