Asea Brown Boveri-energy resources and manufacturing industry

Norwegian Asea Brown Boveri, which forms part of the international ABB Asea Brown Boveri Group, consists of a holding company and 15 subsidiaries.

ABB has played a prominent role for more than a century in the development of Norway's energy resources and manufacturing industry. The group is technology-oriented and devotes substantial resources every year to research and development.

Business in Norway is conducted on a nationwide basis through entities in more than 50 locations. International operations, which are expanding strongly, focus on selected products and marked segments. This part of the business is conducted through the group's own entities in a number of countries.

The Norwegian ABB organization has international business area responsibility within the ABB Group for oil, gas and petroch emicals. In addition, one of the ABB Corporate Research Centers is situated with the group in Norway.

The oil, gas and petrochemicals business sector accounts for about 60% of the overall business.

Facts and figures about Norwegian Asea Brown Boveri:

13,000 employees and estimated annual revenues of more than USD 2.5 billion in 1995.
The oil, gas and petrochemicals business sector, with USD 1.5 billion in revenues and 6,000 employees, accounts for about 60% of the group's overall business.
Leading international supplier of technology required by floating and subsea systems for oil and gas production.
As owner of US-based ABB Lummus Global, ABB in Norway ranks among the leading inter- national suppliers of technology for petrochemical plants.
USD 450 million in export of products, systems and services from Norway in 1994.
Leading domestic supplier of environmental technology, and international market leader with cleaning and recovery systems for the aluminium industry.
Substantial international supplier of robot systems for surface treatment in the car industry.
Close to USD 100 million was devoted to research and development in 1994, corresponding to roughly 5% of revenues at the Norwegian group's technology-based companies.