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Home (12954 companies) > Switzerland (285 companies) > Equipment (23 companies) >



ABB Asea Brown Boveri Ltd


Headquarters location: PO Box 8131 CH-8050 ZurichSwitzerlandTel. 41-1-317-7334 Job offers, investor relations: www.abb.com Email: ann-sofie.joensson@ch.abb.com


ABB Asea Brown Boveri belongs to

shareholder
country     %
source
BZ Group Holding LtdSwitzerland10Financial .
Ebner, MartinSwitzerland5AGEFI
Schmidheiny, StephanSwitzerland

ABB Asea Brown Boveri owns

subsidiary
country     %
source
Entrelec Group SA France99.1Les Echos

Brands

name
items photo compare the prices
ABBSee the photo of: ABBEthishop
Asea Brown BoveriSee the photo of: Asea Brown BoveriEthishop
Combustion EngineeringSee the photo of: Combustion EngineeringEthishop
DRAKA NORSK KABEL ASSee the photo of: DRAKA NORSK KABEL ASEthishop
FASTIGHETS AB SKULDERBLADETSee the photo of: FASTIGHETS AB SKULDERBLADETEthishop
StrombergSee the photo of: StrombergEthishop
TURBEC ABSee the photo of: TURBEC ABEthishop
WILLIAM STEWARD (HOLDINGS) LtdSee the photo of: WILLIAM STEWARD (HOLDINGS) LtdEthishop
Shop local, ethical and at the best price on Ethishop !

« ETHICAL » RATING OF ABB_ASEA_BROWN_BOVERI , group and subsidiaries [?]
31%
Job: 31% of company's jobs cut since 1998
1
Environment: 1 major pollution(s)
4
Delinquency: 4 act(s) of financial or trade delinquency
5
Tax haven, secret bank account, shell companies: operates in 5 offshore financial center(s)
21
Sales: more than 21 billion(s) dollars/euros in annual sales
4
Net profit: more than 4 billion(s) dollars/euros in cumulated net profit since 1998
4
Influence: 4 act(s) of direct corruption or lobbying
2
Advertising & marketing: 2 dubious practice(s)

Relevance: business & market share

year
business
source
2006The world's largest manufacturer of electrical networks.

World locations & Manufacturing

country incentive : address & contact : production type
source
Netherland Antilles Offshore finance, secret bank account, tax haven, shell companies or free zone(s) ABB Investment NV, SWIFT ABBNANC1XXX : SWIFT
United Arab Emirates Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Po Box 11070 Dubai :
Luxembourg Offshore finance, secret bank account, tax haven, shell companies or free zone(s) 3370 Leudelange & 352 493116 :
Malaysia  Ulu Kelang free zone, Lorong Enggang 37 & 4568133 :
North Korea Offshore finance, secret bank account, tax haven, shell companies or free zone(s) Swissinfos
Singapore Offshore finance, secret bank account, tax haven, shell companies or free zone(s) 2, Ayer Rajah Crescent & 7765711 :

ABB Asea Brown Boveri is managed by

year name
photo position; compensation
source
2007Demaré, Michel
See the photo of: Demaré, Michel Chief Financial Officer;
2007Von Grunberg, Hubertus
See the photo of: Von Grunberg, Hubertus Chairman;
2005Kindle, Fred
See the photo of: Kindle, Fred Chief Executive Officer;
2002Dietz, Horst
See the photo of: Dietz, Horst Chairman of the Board;
2002Dormann, Jurgen
See the photo of: Dormann, Jurgen Chief Executive Officer;
2001Dormann, Jurgen
See the photo of: Dormann, Jurgen Chairman of the Monitoring Committee;
2000Barnevik, Percy
See the photo of: Barnevik, Percy Chairman of the Monitoring Committee; allowances: 99 million Eu€;
2000Centerman, Jorgen
See the photo of: Centerman, Jorgen Chairman of the Executive committee;
2000Ebner, Martin
See the photo of: Ebner, Martin Director;
2000Jeker, Robert
See the photo of: Jeker, Robert Director;
2000Rocca, Agostion
See the photo of: Rocca, Agostion Director;
2000Rumsfeld, Donald
See the photo of: Rumsfeld, Donald Director;
2000Somm, Edwin
See the photo of: Somm, Edwin Director;
2000Sutherland, Peter
See the photo of: Sutherland, Peter Director;
2000Wallenberg, Jakob
See the photo of: Wallenberg, Jakob Director;
1999Dormann, Jurgen
See the photo of: Dormann, Jurgen Director;
1999Lindahl, Goran
See the photo of: Lindahl, Goran Chairman of the Executive committee; allowances: 56.95 million Eu€;
1999Von Koerber, Eberhard
See the photo of: Von Koerber, Eberhard Chairman;
1999Weiss, Ulrich
See the photo of: Weiss, Ulrich Monitoring Committee;

Advertising & marketing

year
dubious practice : image
source
2004Arguable partnership: WWF: value: Ecologique;
2000Arguable partnership: Global Compact with the United Nations: value: Respects human, social and environmental laws;

Made by

year
employees
<>
social impact : country
source
2006
-210
Closure/Bankruptcy: ABB closes its engine and alternators manufacturing facility in Champagne sur Seine.: France
Les Echos
2005
-1300
Internal restructuring:
Swissinfos
2004
-40000
Bloomberg
2003
139051
2002
146000
-10000
Les Echos
2001
-12000
Les Echos
1999
164154
1998
199232
1993
-2855
Les Echos

Environmental impact

year
country : consequences
source
2006United States of America : ABB pays 2 billion dollars to compensate the former employees of its subsidiary Combustion Engineering, contaminated by asbestos during their work.Les Echos
2003United States of America : Accord avec les avocats des 110 000 plaignants qui ont porté plainte contre le groupe dans le dossier de l'amiante: ABB va devoir verser 350 millions de dollars en cash, ainsi qu'un supplément de 50 millions de dollars. Depuis 1990, 440 000 plaintes contre Combustion Engineering, sa filiale, qui fabriquait les chaudières contenant de l'amiante, ont coûté au groupe plus d'un milliard de dollarsLesinfos.c.

Influence

year
purpose : intermediary/lobby : institution
source
2006 : amount: 235 thousand US$ : Officiels nigérians translateRomandie
2003Market access : translateSwissinfos
2001Access to foreign market (through MAI, WTO, GATS), prevent binding environmental regulations : USCIB (US Council For International Business) : : US Government translateUSCIB
2000Prevent binding environmental regulations (environmental protection through economic growth, self-regulation and free trade) : WBCSD (World Business Council for Sustainable Development) : : United Nations translateCorporate .
1999Deregulation and "maximum liberalization" through WTO, GATS : TABD (Transatlantic Business Dialogue) : : US Government / European Commission translateCorporate .
1999Market access and investment protection (through WTO, GATS), avoid social and environmental rules : ICC (International Chamber of Commerce) : : WTO, GATS translateCorporate .
1993The group"s italian executive officers are charged with bribing italian political leaders to win train equipment contracts. : translateLes Echos

Financials

yearfinancial misdemeanorsalesincome buybacksource
2007   1.5billion US$Les Echos
2007   29.23.8   billion US$Les Echos
2006   24.531.9   billion US$
2006 The company participated to a cartel with its competitors on the gas insulated switchgears market in Europe.     Les Echos
2006 ABB colluded in supplies of gas insulated switchgear, which is needed at sub-stations used to carry electricity to homes, offices and factories in the Czech Republic. "The issue is so-called bid rigging, in which participants agreed among themselves on who will offer what price of gas insulated switchgear so the contract is awarded to the company agreed in advance," the Czech competition regulator said.     Reuters
2004   20.720.2   billion US$
2004 Irrégularités comptables de 70 M USD     AFP
2003   18.79-0.77   billion US$
2002 Price-fixed billions of dollars worth of equipment to the power industry: fined Au$35000     Sydney Mor.
2002   23.73-0.69   billion US$
2001   23.73-0.69   billion US$
2000   22.971.44   billion US$
1999   24.681.61   billion US$
1998   30.871.3   billion US$
1994     EUPolitix

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