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ABB

ABB is a global leader in power and automation technologies that enable custo...

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Introduction

ABB is a global leader in power and automation technologies that enable customers from industry, energy, transportation and building sectors to improve productivity and energy efficiency while lowering environmental impact. ABB Group has about 150,000 employees in more than 100 countries, with revenues of around $42 billion in 2013.
A Fortune 500 company, ABB is headquartered in Zurich, Switzerland, and is listed on the Zurich, Stockholm, and New York exchanges. ABB Group was formed in 1988, when the Swedish Asea and the Swiss BBC Brown Boveri merged under the name of ABB.

ABB's relationship with China dates back to 1907, when it delivered the first steam boiler to the country. In 1974, ABB established its first office in Hong Kong, followed by its first permanent office in Beijing in 1979. In 1992, ABB launched its first Chinese joint venture in Xiamen. In 1994, ABB moved its China headquarters to Beijing. In 1995, ABB's holding company, ABB China Ltd., was formally established.

After years of fast growth, ABB has established a full range of business activities in China, including R&D, manufacturing, engineering, sales, and service, with nearly 19,000 employees, 37 local companies, and an extensive sales and service network in over 100 cities. In 2013, ABB reported that China had continued as its second largest market worldwide with $5.6 billion in revenue.

ABB adheres to its “In China, for China and the world” strategy and actively propelled the R&D localization. ABB has continuously improved its local R&D and innovation capabilities through continued investment and R&D footprint optimization. In 2005, ABB located one of its 7 global R&D centers in China.

In China, ABB has participated in many key national projects, such as power transmission from the south-to-north water diversion projects, the west-to-east power transmission projects, the Qinghai-Tibet Railway, the Beijing Olympic Games stadiums, Shanghai Expo projects. ABB’s smart technologies for improving efficiency and productivity can support the local customers in the infrastructure and industry to realize intelligent upgrading.
Company Profile
Company Name: ABB Company Type: Company ()
Area: Africa/Algeria Company Size:
Registered Capital: N/A Registered Year: 1974
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Business Scope: ABB is a global leader in power and automation technologies that enable customers from industry, energy, transportation and building sectors to improve productivity and energy efficiency while lowering environmental impact.
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