ASEA

History

• 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.
• 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.
• 1974 - Industrial robots are introduced by ASEA
• 1987 - Acquires Finnish Oy Strömberg Ab
• 1988 - Merges with BBC Brown Boveri, Asea Cylinda laundry appliances branch brought 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