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ASEA-Brown Boveri AG, ABB#

ASEA-Brown Boveri AG, ABB, formed in 1988 by the merger of Asea (established 1930) and BBC (established 1910). Electronics group headquartered in Vienna. ABB manufactures electrotechnical systems and power generation, transmission and distribution apparatus for industrial plants and rail transport systems; the company owns production facilities in Wiener Neudorf (Lower Austria) and Neutal (Burgenland). Revenues in 1994 totalled ATS 4 bn; the number of employees was 1,800.