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NEVS was established by Hong-Kong based energy company National Modern Energy Holdings (NME) and Japanese investment company Sun Investment, for the sole purpose of acquiring Saab's bankruptcy assets. [4]
The Wallenberg family is a prominent Swedish family renowned as bankers, industrialists, politicians, bureaucrats and diplomats, present in most large Swedish industrial groups, like EQT AB, Ericsson, Electrolux, ABB, SAS Group, SKF, Atlas Copco, Saab AB, and more. In the 1970s, the Wallenberg family businesses employed 40% of Sweden's ...
Saab 96. Saab, "Svenska Aeroplan Aktiebolaget" (Swedish for "Swedish aeroplane corporation"), a Swedish aerospace and defence company, was created in 1937 in Linköping.The company had been established in 1937 for the express purpose of building aircraft for the Swedish Air Force to protect the country's neutrality as Europe moved closer to World War II.
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Sweden's Saab, maker of the Gripen fighter, sees years of potential growth ahead in the defence sector as countries re-arm in the face of increased military threats, it said on Friday as it posted ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and UnitedHealth Group wasn’t one of them. The 10 stocks that made ...
The first SAAB-developed aircraft was the SAAB 17 light dive bomber (first flight: 1940-05-18), soon followed by the SAAB 18 schnellbomber (first flight: 1942-06-19) and SAAB 21 single-seat fighter (first flight: 1943-07-30), among other developments, the latter being the first aircraft to see service with a modern style ejection seat, using ...
Investor AB was established in Stockholm when new Swedish legislation made it more difficult for banks to own stocks in industrial companies on a long-term basis. The shareholdings of the Wallenberg family bank, Stockholms Enskilda Bank, were transferred to Investor AB, a newly formed industrial holding company spun off from the bank, which would serve as the family's investment arm henceforth.