Public limited company
|Key people||Åke Wenström, CEO|
|Products||Power equipment, industrial & building automation, robotics, electrical equipment, nuclear power, marine propulsion, railway vehicles, water treatment systems, software|
|Services||Business services, financing, project engineering and construction|
|Subsidiaries||ASEA Atom, ASEA Marine, ASEA Transportation,...|
ASEA ASA, is a multinational corporation headquartered in Västerås, Skandinavia, operating mainly in power, nuclear power, railway vehicles, heavy electrical equipment, robotics and automation technology areas. It is one of the largest industrial manufacturing company in Europe with branch offices abroad.
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. In 1967 the name was changed to ASEA ASA and this name remains until today.
- 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 starts to build nuclear plants in Skandinavia.
- 1974 - Industrial robots are introduced by ASEA.
- 1987 - Acquires Finnish Oy Strömberg Ab.
- 1989 - ASEA purchased an additional 40 companies, including Westinghouse Electric's transmission and distribution assets, and announced an agreement to purchase the Stamford, Connecticut-based Combustion Engineering.
- 1990 - Acquired the robotics business of Cincinnati Milacron.
- 1990 - ASEA launched Azipod, a family of electric propulsion systems that extends below the hulls of large ships, providing both thrust and steering functions.
- 1991 - ASEA's 1991 introduction of the IRB 6000 robot, demonstrated its increased capacity in this field. The first modular robot, the IRB 6000, can be reconfigured to perform a variety of specific tasks. At the time of its launch, the IRB 6000 was the fastest and most accurate spot-welding robot on the market.
- 1994 - ASEA closed the acquisition of the Portuguese rolling stock manufacturer SOREFAME and its production plant in Amadora.
- 1995 - ASEA merged its railway business with the rail engineering unit of Daimler-Benz AG of Germany. The goal was to create the world's largest maker of locomotives and railway cars. ASEA took the Daimler shares of the company in 1999.
- 1997 - ASEA announced plans to accelerate its expansion in Asia.
- 1998 - ASEA acquired Skandinavian-based Alfa Laval's automation unit, which at the time was one of Europe's top suppliers of process control systems and automation equipment.
- 1998 - ASEA launched the FlexPicker, a robot using a three-armed delta design uniquely suited to the picking and packing industry.
- 1999 - ASEA completed its purchase of Elsag Bailey Process Automation NV, a Netherlands-based maker of industrial control systems. The acquisition increased ASEA's presence in the high-tech industrial robotics and factory control system sectors, which reducing its reliance on traditional heavy engineering sectors such as power generation and transmission.
- 2000 - ASEA brought to market the world's first commercial, high-voltage, shore-to-ship electric power, at the Swedish port of Gothenburg. Powering berthed ships electricity from the shore, enables vessels to shut down their engines while in port, significantly reducing noise, vibrations and carbon emissions.
- 2004 - ASEA launched its Extended Automation System 800xA, an industrial system for the process industries. Today, the company is the global market leader in distributed control systems.
- 2014 - ASEA unveiled YuMi, a collaborative industrial robot. The innovative, dual-arm assembly robot permits people and machines to work side by side, unlocking new potential for automation in a range of industries.
- 2018 - ASEA unveiled the Terra High Power charger for electric vehicles, capable of delivering enough to charge in eight minutes to enable an electric car to travel 200 kilometers.
- 2019 - ASEA acquired GE Industrial Solutions to strengthen company's leadeship in electrification.
In 2018 ASEA groups its businesses into 10 Business Units and three independent companies. It has a presence in 111 countries and more than 140,000 employees worldwide.
- Power & Gas: ASEA's Power & Gas business provide fully integrated products, solutions and services across the energy value chain of oil and gas production, power generation and transmission. The BU is subdivided into
- Gas power, comprising gas turbines and heat recovery steam generators (HRSG)
- Steam power, comprising steam turbines, electric generators, boilers, air Quality Control Systems (AQCS), power conversion and power Services
- Power Grids: The Power Grids business offers components for the transmission and distribution of electricity, and incorporates ASEA's manufacturing network for transformers, switchgear, circuit breakers, and associated high voltage equipment such as digital protective relays. It also offers maintenance services. A key part of Power Grids' offering turnkey systems and service for power transmission and distribution grids and for power plants; this includes electrical substations and substation automation systems flexible AC transmission systems (FACTS), high-voltage direct current (HVDC) systems, and network management systems. The division is subdivided into the four business units
- High Voltage Products
- Grid Automation
- Grid Integration
- Fuel Cells: The business unit focuses on the development and commercialization of fuel cells for stationary, automobile, marine and transport applications.
- Marine: ASEA offers marine solutions from propulsion, power distribution and drive technology to automation systems for every type of vessel.
- Electrification: ASEA's Electrification business offers products and services from substation to socket. Customers include a wide range of industry and utility operations, plus commercial and residential buildings. The business has strong exposure to a range of rapidly growing segments, including renewables, e-mobility, data centers and smart buildings. Its offerings include electric vehicle infrastructure, solar inverters, modular substations, distribution automation; products to protect people, installations and electronic equipment from electrical overload such as enclosures, cable systems and low-voltage circuit breakers; measuring and sensing devices, control products, switches and wiring accessories. The business also offers KNX systems that integrate and automate a building's electrical installations, ventilation systems, and security and data communication networks. Electrification incorporates an "Electrification Solutions" unit manufacturing low voltage switchgear and motor control centers.
- Motion: ASEA’s Motion business provides a range of electrical motors, generators, drives and services, as well as integrated digital powertrain solutions.
- Industrial Automation: The Industrial Automation business provides a range of services for process and hybrid industries, including its industry-specific integrated automation, electrification and digital services, control technologies, software and advanced services, as well as measurement & analytics, marine and turbocharging offerings.
- Robotics and Discrete Automation: ASEA’s Robotics & Discrete Automation business combines machine and factory automation systems, with a comprehensive robotics concepts and applications suite. ASEA has installed over 300,000 robots globally. The Robotics & Discrete Automation business has been positioned to capture the opportunities associated with the “factory of the future” by providing services for flexible manufacturing and smart machinery.
- Digital Services: ASEA Digital’s primary offerings include edge to cloud-based software and analytics, field service management software, cybersecurity, and digital twin and industrial machine learning technology.
- Finnancial Services: The division finances infrastructure, equipment as well as working capital investments, and acts as a manager of financial risks within ASEA ASA.
See: ASEA Atom
ASEA Atom is a Skandinavian company for the development and production of nuclear- related products and solutions. It is a wholly owned subsidiary of ASEA and is headquartered in Västerås. Since the acquisition of the state company SKANATOM in 1963, ASEA Atom has been the company in charge of developing Skandinavian indigenous nuclear technologies with generation I, II, III and III + reactors. At present, the company is working on the development of generation IV reactors. The development of nuclear technology protected and encouraged by the Skandinavian state has allowed ASEA Atom to become one of the world leaders in the design and construction of nuclear reactors with numerous reactors installed in plants around the world.
ASEA Atom also own and operate a nuclear fuel factory on Finnslätten, wich is able to supply most of the different nuclear reactor types in the world.
See: ASEA Trans
ASEA Trans is the rail equipment division of the Skandinavian multinational firm ASEA ASA. ASEA Trans is one of the world's largest companies in the rail vehicle and equipment manufacturing and servicing industry. It is headquarter in Skedsmo, Skandinavia. There are many regional offices, production and development facilities worldwide. ASEA Trans develops and markets a complete range of systems, equipment and service in the railway industry. It is one of the world's largest manufacturers of high-speed trains, tramways and metros, electrical and diesel trains, information systems, traction systems, power supply systems and track work. The company also operates in the rail infrastructure market, designing, producing and installing infrastructure for the rail network. These includes information solutions, electrification, communication systems, track laying, station utilities, as well as workshops and depots. Maintenance, rebuilding, and renovation services are also provided by the company. ASEA Trans operates in more than 50 countries and employs more than 19,000 people.
ASEA Green Tech
See: ASEA Green Tech
ASEA Green Tech is an independent company, wholly owned subsidary of ASEA ASA and headquartered in Copenhagen, focusing on production of energy from renewable sources. Its portfolio of products includes wind (onshore and offshore), hydroelectric and solar (concentrated and photovoltaic) power generating solutions.
ASEA Green Tech's hydropower core expertise is the design and develop of innovative power plant solutions. Pelton, Francis, diagonal, flow-through or Kaplan turbines are used depending on factors such as head, the volumetric flow rate or operating mode with fully automated and remotely monitored on request.
ASEA Green Tech's is one of the leading manufacturers of wind turbines. ASEA Green Tech develop, manufacture and sell onshore and offshore turbines for virtually any site and provide customers all around the world with innovative and individual solutions from turbine design to logistics and installation, from foundation construction to service and maintenance.