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Ericsson
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| subsidiary | country % source |
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« ETHICAL » RATING OF ERICSSON
, group
and subsidiaries
[click on the images below or on help for more information] |
| Job: 55% of company's jobs cut since 1998 |
| Delinquency: 2 act(s) of financial or trade delinquency |
| Tax haven, secret bank account, shell companies: operates in 6 offshore financial center(s) |
| Sales: more than 14 billion(s) dollars/euros in annual sales |
| Net profit: more than 3 billion(s) dollars/euros in cumulated net profit since 1998 |
| Influence: 6 act(s) of direct corruption or lobbying |
| Advertising & marketing: 1 dubious practice(s) |
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Relevance: business & market share |
World locations & Manufacturing |
| year name | photo position; compensation source |
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year | dubious practice : image source |
| 2000 | Arguable partnership: Global Compact with the United Nations: value: Respects human, social and environmental laws; |  |
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| year | employees <> | social impact : country source |
| 2008 | 74000 -4000 | Internal restructuring: Ericsson is looking for SKr4bn of annual savings by cutting 4000 jobs because it does not expect the wireless telecoms infrastructure market to grow significantly in 2008.: | Financial .  |
| 2005 | -130 | Relocation: Cuts jobs at its power modules unit in Kalmar, Sweden, and moves manufacturing jobs to China.: Sweden | EETimes |
| 2005 | -250 | Internal restructuring: Réduction « significative » de la division spécialisée dans le CDMA à San Diego, en raison des fusions des opérateurs de téléphonie mobile aux Etats-Unis.: | Les Echos |
| 2003 | -250 | | AP |
| 2003 | 60000 | | AP |
| 2002 | 64621 | |  |
| 2001 | 107000 | | AP |
| 1998 | 100774 | | |
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| year | purpose : intermediary/lobby : institution source |
| 2007 | Ericsson would have poured bribes with politicians at the end of 1990, to win contracts. Ericsson would have given 12 million Swedish crowns (1,28 million euros) of commission to the former minister for the posts and telecommunications of Oman, Ahmed Suwaidan Al Balushi, between 1997 and 2000. Officially, the money would have been versed with a local intermediate agent after Ericsson had obtained a contract of 300 million crowns near the Omani administration of the stations and télécommunications.Mais, according to documents' given by Swiss bank UBS to the Swedish authorities at the time of a tax investigation into Ericsson, two years ago, the true owner of the account was the minister. : translate | Le Monde |
| 2007 | Ericsson would have poured bribes with a former member of the Algerian Parliament, Djillali Mehri, between 1997 and 2002, at one moment when this last would have acted as agent for the equipment supplier of telephony. The rich person businessman would have perceived in 1999, 20 million crowns of commissions on behalf of the Swedish group. : translate | Le Monde |
| 2003 | The Swiss public prosecutor is investigating the possibility that equipment vendor Ericsson bribed officials in Bulgaria, Libya, Poland and Slovenia to obtain mobile contracts. The prosecutor was alerted by employees at Swiss bank UBS, who found irregularities in the company’s financial transactions totalling CHF550 million. : translate | Teleograph. |
| 1999 | Market access and investment protection (through WTO, GATS), avoid social and environmental rules : ICC (International Chamber of Commerce) : : WTO, GATS translate | Corporate . |
| 1999 | Deregulation and "maximum liberalization" through WTO, GATS : TABD (Transatlantic Business Dialogue) : : US Government / European Commission translate | Corporate . |
| 1999 | Access to public services (privatization through GATS) : ERT (European Roundtable of Industrialists) : : European Commission translate | Corporate . |
| 1993 | The group"s italian executive officers are charged with bribing italian political leaders to win telecommunications contracts. : translate | Les Echos |
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| year | donator | country | amount | source |
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| year | financial misdemeanor | sales | income | | | source |
| 2005 |
Quatre responsables d'Ericsson ont été inculpés par un tribunal de Stockholm pour évasion fiscale. Ils avaient conçu un système de paiement d'agents commerciaux entre 1998 et 1999 leur permettant d'éviter 41 millions d'euros d'impôt. Trois d'entre eux avaient déjà été inculpés en avril 2005, soupçonnés d'évasion fiscale pour un montant d'environ 350 millions d'euros. |
| | | | | | AFP |
| 2002 |
Dissimulation de deux montants de 800 millions et 2,5 milliards de couronnes suédoises, payés respectivement en 1998 et 1999 à des entreprises et des particuliers pour des prestations de consultation par le biais de fausses factures. |
| | | | | | AP |
| 2002 |
| 16.81 | -2.19 | | | billion US$ | |
| 2001 |
| 22.12 | -2.03 | | | billion US$ | |
| 2000 |
| 29.03 | 2.23 | | | billion US$ | |
| 1999 |
| 25.27 | 1.42 | | | billion US$ | |
| 1998 |
| 22.76 | 1.61 | | | billion US$ | |
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