ABB is celebrating its 125th anniversary in Finland. Founded in 1889 in Helsinki by entrepreneur and inventor Gottfrid Strömberg, ABB Finland has grown into an innovative automation and power technology company with more than 5,000 employees in 30 locations, with sales of EUR 2.3B in 2013.
“ABB Finland has been driving innovation in power and automation technologies for 125 years. Today, ABB Finland is one of our most dynamic and successful country organisations and we continue to invest substantially in innovation and production facilities”, said ABB CEO Ulrich Spiesshofer.
ABB Finland provides solutions for power transmission and distribution, building technology, sustainable transportation, renewable power as well as industry automation and marine solutions. ABB Finland has a very important global role within ABB, with several key technologies and businesses being led here. These include the lead centre for energy-efficient Low Voltage drives and the successful Azipod propulsion system for ships, which was invented by ABB Finland. Subsea transformers and grid automation are also further examples of Finnish innovation.
With more than 800 technologists and more than EUR 190M in investment annually, the company is one of ABB’s global research and development hubs and was the second largest research and development investor in Finland in 2013.