ABB Industries AB

ABB Industries AB is a subsidiary of ABB Ltd, a multinational corporation headquartered in Zurich, Switzerland. ABB stands for Asea Brown Boveri, created in 1988 through the merger of the Swedish company ASEA and the Swiss company Brown, Boveri & Cie. ABB operates in a variety of sectors, focusing primarily on robotics, power, automation technology, and heavy electrical equipment. Here are some key points about ABB Industries AB and its parent company:

Diverse Product Portfolio

ABB's product portfolio spans multiple sectors, with a focus on technologies that enhance productivity and efficiency. This includes:

Robotics and Discrete Automation: ABB is a leading provider of industrial robots and automation solutions for manufacturing processes.

Electrification Products: The company offers a wide range of products and services for electrical systems, including circuit breakers, switchgear, cables, and wiring accessories.

Industrial Automation: ABB provides control systems, measurement products, and analytical instruments designed to optimize industrial processes.

Power Grids: Focusing on substations, transformers, and other key infrastructure needed for power transmission and distribution.

Key Markets and Customers

ABB serves a variety of industries, including automotive, food and beverage, energy, metals and mining, pulp and paper, and marine. The company provides solutions designed to enhance the efficiency and reliability of operations in these industries.

Innovation and Sustainability

ABB is heavily invested in research and development, continually innovating to stay ahead in the fast-changing technology landscape. The company is also committed to sustainability, aiming to reduce environmental impact through its eco-efficient products and sustainable business practices.

Global Presence

ABB operates in over 100 countries and employs around 110,000 people worldwide. The company's extensive global network allows it to provide localized support and services to its vast customer base.

Financial Performance

As a publicly traded company listed on the SIX Swiss Exchange and the New York Stock Exchange, ABB Ltd periodically publishes its financial results. The company aims for steady growth, driven by its broad product portfolio and global presence.

Recent Developments

ABB continues to expand through acquisitions and partnerships to enhance its technological capabilities and market reach. The company is also increasingly focusing on digital solutions like ABB Ability™, a unified, cross-industry digital offering designed to unlock value in the Industrial Internet of Things (IIoT).

Ethical and Governance Practices

ABB adheres to stringent ethical standards and governance practices. The company is committed to integrity, transparency, and accountability in all its operations.

Overall, ABB Industries AB and its parent company ABB Ltd are prominent players in the field of automation and electrical engineering, known for their innovation, quality, and comprehensive solutions that span multiple industries.

+46-70 319 2251
www.abb.com/marine
+46-31 28 42 89

Products

Marine HVAC and Automation Systems

Molndal Sweden

Lunnagardsgatan 4
Molndal S-43187
Sweden

Ships

SHELIKOF TRADER

Barge | Flag: United States of America | Port: SEATTLE, WA

Maritime News

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