Allmänna Svenska Elektriska Aktiebolaget

Allmänna Svenska Elektriska Aktiebolaget ( ASEA short ) was a Swedish large companies in the field of electrical engineering. 1988, the Group merged with the Swiss energy technology company Brown, Boveri & Cie at ABB ( Asea Brown Boveri ), headquartered in Zurich ( Switzerland ). The ASEA presented with the Sweden Percy Barnevik the first CEO of ABB.

The company was founded in 1883 as Elektriska Aktiebolaget in Stockholm. In the first half of the 20th century, developed a technique for high-voltage direct -current transmission. The company also worked on the development and production of electric locomotives, trams and trains.

After the seizure of power by the National Socialists in Germany in 1933 the logo was changed, which mainly consisted of a swastika until then.

1950 turned ASEA ASEA operation with the daughter atom in the field of nuclear energy, and in 1968 they built reactors for nuclear power plants.

On February 15, 1953 Erik Lundblad presented with a Quintus press first synthetic diamonds ago.

ASEA practiced by its dominance of a significant influence on the structure of the electrical engineering industry in Sweden.

In the last year as an independent company in 1987, ASEA had a turnover of 52 billion SEK (approximately EUR 5.7 billion ) and employed 77,000 people.

The largest shareholder was the Wallenberg family through the Investor AB.