ASEA

Template:Short description Template:About Template:Ref improve {{#invoke:Infobox|infobox}}Template:Template otherTemplate:Main other{{#invoke:Check for clobbered parameters|check|nested=1|template=Infobox company|cat=Template:Main other|name; company_name|logo; company_logo|logo_alt; alt|trade_name; trading_name|former_names; former_name|type; company_type|predecessors; predecessor|successors; successor|foundation; founded|founders; founder|defunct; dissolved|hq_location; location|hq_location_city; location_city|hq_location_country; location_country|num_locations; locations|areas_served; area_served|net_income; profit|net_income_year; profit_year|owners; owner |homepage; website }}{{#invoke:Check for unknown parameters|check|unknown=Template:Main other|preview=Page using Template:Infobox company with unknown parameter "_VALUE_" | ignoreblank=y | alt | area_served | areas_served | assets | assets_year | aum | brands | company_logo | company_name | company_type | defunct | dissolved | divisions | embed | equity | equity_year | fate | footnotes | former_name | former_names | foundation | founded | founder | founders | genre | homepage | hq_location | hq_location_city | hq_location_country | incorporated | image | image_alt | image_caption | image_size | image_upright | income_year | industry | ISIN | key_people | location | location_city | location_country | locations | logo | logo_alt | logo_caption | logo_class | logo_size | logo_upright | members | members_year | module | name | native_name | native_name_lang | net_income | net_income_year | num_employees | num_employees_year | num_locations | num_locations_year | operating_income | owner | owners | parent | predecessor | predecessors | production | production_year | products | profit | profit_year | rating | ratio | revenue | revenue_year | romanized_name | services | subsid | successor | successors | traded_as | trade_name | trading_name | type | website| qid | fetchwikidata | suppressfields | noicon | nocat | demo | categories }} Allmänna Svenska Elektriska Aktiebolaget (English translation: General Swedish Electrical Limited Company; Swedish abbreviation: ASEA) was a Swedish industrial company.

History

File:ASEA logo pre 1933.svg

ASEA swastika logo used from the late nineteenth century until 1933

ASEA was founded in 1883<ref name=":0">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> by Ludvig Fredholm in Västerås as a manufacturer of electrical light and generators.<ref name=":1">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> 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 ASEA for short.<ref name=":1" />

In 1987, it announced a merger with the Swiss company Brown, Boveri & Cie (BBC) to form ABB.<ref name=":0" /><ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> The merge took effect on 1 January 1988.<ref>ASEA-BBC merger Modern Railways issue 472 January 1988 page 34</ref> After this merger, ABB acquired several companies, including the power transmission and distribution operations of the Westinghouse Electric Corporation and the Combustion Engineering Group.<ref name=":0" />

• 1889 – the partner Jonas Wenström creates 3-phased generators, motors and transformers.
• 1933 – The company removes the swastika from its logo, due to the symbol's association with Nazi Germany.<ref name=":1" />
• 1953 – ASEA creates the first industrial diamonds.
• 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 Brown, Boveri & Cie, 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

See also

• ASEA IRB – robot
• Asko
• Hitachi Energy
• Sigfrid Edström
• Uno Lamm

Further reading

• Jan Glete, Asea under hundra år: 1883–1983: en studie i ett storföretags organisatoriska, tekniska och ekonomiska utveckling. (Västerås, 1987). Template:In lang.