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ABB Group

Asea Brown Boveri
Company nameABB Ltd.
Company typePublicly-traded limited company (SWX - ABBN, NYSE - ABB, OMX - SSE3966ABB)
IndustryPower technology, Industrial automation
Founded1988 through merger of ASEA (1883) of Sweden and Brown, Boveri & Cie (1891) of Switzerland
HeadquartersZürich, Switzerland
Area servedWorldwide
Key peopleJoe Hogan (CEO), Hubertus von Grünberg (Chairman)
RevenueUS $31.59 billion (2010)
Operating incomeUS $3.818 billion (2010)
Net incomeUS $2.561 billion (2010)
Total assetsUS $36.30 billion (2010)
Total equityUS $15.46 billion (2010)
Employees130,000 (2011)|

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ABB is a Swiss-Swedish multinational corporation headquartered in Zürich, 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 130,000 employees, and reported global revenue of $31.6 billion for 2010.

ABB is traded on the SIX Swiss Exchange in Zürich and the Stockholm Stock Exchange in Sweden since 1999, and the New York Stock Exchange in the United States since 2001.

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