ASEA logo used prior to the merger with Brown Boveri
ASEA HQ in Västerås
|Founded||1883, disestablished 1 January 1988|
Allmänna Svenska Elektriska Aktiebolaget (English translation: General Swedish Electric Company; Swedish abbreviation: ASEA) was a Swedish industrial company. In 1988 it merged with the Swiss company Brown, Boveri & Cie (BBC) to form ABB Group. ASEA still exists, but only as a holding company owning 50% of the ABB Group.
ASEA was founded 1883 by Ludvig Fredholm in Västerås as manufacturer of electrical light and generators. 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 a ASEA for short.
- 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.
- 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
- 1980-1987 - Percy Barnevik
Chairman of the Board
- 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- Curt Nicolin
- Jan Glete, Asea under hundra år: 1883-1983: en studie i ett storföretags organisatoriska, tekniska och ekonomiska utveckling. (Västerås, 1987). (in Swedish)
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