Asea Brown Boveri

Presented By:Shrenik Shah

Type

Publicly-traded limited company (SIX: ABBN, NYSE: ABB, OMX: ABB) Power technology, Industrial automation 1988 through merger of ASEA (1883) of Sweden and Brown, Boveri & Cie (1891) of Switzerland Zrich, Switzerland

Industry

Founded

Headquarters

Area served
Key people

Worldwide
Joe Hogan (CEO), Hubertus von Grnberg (Chairman) US $31.59 billion (2010)[1]

Revenue

Operating income
Profit Total assets Total equity Employees Website

US $3.818 billion (2010)[1]

US $2.561 billion (2010)[1] US $36.30 billion (2010)[1] US $15.46 billion (2010)[1] 124,000 (2011)[2] www.abb.com

ABB is a Swiss-Swedish multinational corporation headquartered in Zrich, Switzerland, operating mainly in the power and automation technology areas.It ranked 143rd in Forbes Ranking (2010). ABB is one of the largest engineering companies as well as one of the largest conglomerates in the world. ABB has operations in around 100 countries, with approximately 124,000 employees,[2] and reported global revenue of $31.6 billion for 2010.
ABB is traded on the SIX Swiss Exchange in Zrich and the Stockholm Stock Exchange in Sweden since 1999, and the New York Stock Exchange in the United States since 2001

ABB resulted from the 1988 merger of the corporations ASEA Allmnna Svenska Elektriska Aktiebolaget (Sweden) and Brown, Boveri & Cie (Switzerland); the latter had absorbed the Maschinenfabrik Oerlikon in 1967. CEO at the time of the merger was the former CEO of ASEA, Percy Barnevik, who ran the company until 1996.

ABB's history goes back to the late nineteenth century. ASEA was incorporated by Ludwig Fredholm in 1883 and Brown, Boveri & Cie (BBC) was formed in 1891 in Baden, Switzerland, by Charles Eugene Lancelot Brown and Walter Boveri as a Swiss group of electrical companies producing AC and DC motors, generators, steam turbines and transformers

On July 17, 2008, the Board of Directors of ABB Ltd. announced the appointment of Joe Hogan as Chief Executive Officer of the ABB Group beginning on September first. Mr. Hogan is the former head of GE Healthcare.Mr. Hogan holds a Bachelor of Science degree in Business Administration from Geneva College and an MBA from Robert Morris University, both located in Pennsylvania

September 2008present: Joe Hogan

February 2008 - September 2008: Michel Demar - ad interim

January 2005 - February 2008: Fred Kindle

September 2002 - December 2004: Jrgen Dormann

January 2001 - September 2002: Jrgen Centerman

January 1997 - December 2000: Gran Lindahl

1987-1996: Percy Barnevik

ABB Ltd contains a company overview, keyfacts, locations and subsidiaries,news and events as well as a SWOT analysis of the company
This SWOT Analysis company profile is a crucial resource for industry executives and anyone looking to quickly understand the key information concerning ABB Ltds business. ABB Ltd SWOT Analysis & Company Profiles reports utilize a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. WMI strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report Examines and identifies key information and issues about (ABB Ltd) for business intelligence requirements Studies and presents ABB Ltds strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported

ABB is a global leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. We are present in around 100 countries. We leverage our technology leadership, global presence, application knowledge and local expertise to offer products and services that allow our customers to optimize their operations. Our integration platform, Industrial IT, enables our customers to manage their installations better and link up in real time with their own suppliers and customers. The result is a leap in efficiency, quality and competitiveness. We focus on our core businesses in power and automation technologies and have simplified our organization. This ensures that our customers have quick and easy access to ABB's offerings, when and where they need us--whether they buy from us directly or through distributors, wholesalers, system integrators or other partners. Our businesses work together with one simple and seamless set of values for customers.