7-591: AB Motala Verkstad is one of the oldest engineering companies in Sweden . The company was founded in 1822 during the construction of Göta Canal . Motala Verkstad has also built about 400 ships, 800 bridges (e.g. Västerbron , Skeppsholmsbron , Bergsnäsbron and the Ahvaz Bridge in Iran), railway equipment, 1300 locomotives . The 118-meter-tall towers of Uppsala Cathedral were also built by Motala Verkstad. During
14-466: Is seen in company names such as EA Digital Illusions CE AB , Ericsson AB , MySQL AB , Mojang AB , Spotify AB , Scania AB , Hi3G Access AB , and originally, Svenska Aeroplan AB (SAAB). Other companies have included this into their abbreviated trading name, for example SSAB AB (formerly Svenskt Stål AB), HIAB (Hydrauliska Industri AB), ESAB (Elektriska Svetsnings-Aktiebolaget) and LKAB (Luossavaara-Kiirunavaara Aktiebolag). The term aktiebolag
21-664: The 1870 science fiction novel Twenty Thousand Leagues Under the Seas by Jules Verne , the spur of the submarine Nautilus is said to have been built at Motala Verkstad. Aktiebolag Aktiebolag ( Swedish pronunciation: [ˈâktsɪɛbʊˌlɑːɡ] , " stock company ") is the Swedish term for " limited company " or " corporation ". When used in company names, it is abbreviated as AB (in Sweden ), Ab (in Finland ), or, rarely, A/B (dated), roughly equivalent to
28-423: The 1970s the company was the world's largest exporter of kitchen sinks and during the 1980s they built landing gear for Swedish-built aircraft. As of 2023 the company employs about 240 people. Motala Verkstad was started in 1822 on Baltzar von Platen's initiative. Von Platen realized the importance of having local technical knowledge during the construction of the channel. The first leader was Daniel Fraser . In
35-1005: The Swedish Companies Registration Office, "the name of a public limited company must be mentioned with the term (publ.) after the business name in the articles of association and elsewhere", unless it is clearly understood from the company’s business name that the company is a public limited company. For a private limited company in Sweden ( privat aktiebolag ), the minimum share capital is 25,000 Swedish kronor. The main Swedish statutes regulating limited companies are The Companies Act ( Aktiebolagslagen (ABL) 2005:551) and The Limited Companies Ordinance ( Aktiebolagsförordningen 2005:559). The law provisions in ABL stipulate that parent companies and subsidiaries are separate legal persons and legal entities. The abbreviation AB
42-526: The abbreviations Corp. , Ltd. , and PLC . The state authority responsible for registration of aktiebolag in Sweden is called the Swedish Companies Registration Office . All aktiebolag are divided into two categories: private limited companies and public limited companies . The name of a private limited company may not contain the word publikt ("public") and the name of a public limited company may not contain
49-473: The word privat or pvt. ("private"). A public limited company ( publikt aktiebolag ) is legally denoted as " AB (publ.) " in Sweden or " Abp " in Finland. A Swedish public limited company must have a minimum share capital of 500,000 Swedish kronor and its shares can be offered to the public on the stock market . The suffix "(publ.)" is sometimes omitted in texts of an informal nature, but according to
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