Asea Brown Boveri (ABB)
International electrical engineering holding company; administrative central is in Zürich, Switzerland. Gross turnover in 1999 was sfr 41.4 billion.
Timeline:
- 1988 ABB is created by a merger of BBC Brown Boveri AG and Swedish Asea.
- 1994 ABB develop record-breaking 240-MW gas turbine.
- 2001 the former Swiss BBC companies lose their independence as ABB Schweiz dissolves into the international organisation