Saab AB

Saab AB
Formerly
Company typePublicly traded Aktiebolag
Nasdaq StockholmSAAB B
IndustryAerospace and defence
Founded1937 in Trollhättan, Sweden
Founders
HeadquartersStockholm, Sweden
Area served
Worldwide
Key people
Products
RevenueIncrease 51.609 billion kr (2023)
Increase 4.272 billion kr (2023)
Increase 3.443 billion kr (2023)
Total assetsIncrease 82.759 billion kr (2023)
Total equityIncrease 32.362 billion kr (2023)
OwnerWallenberg family (38.9%; 48.1% votes)
Number of employees
Increase 21,479 (2023)
Subsidiaries
  • BlueBear
  • Combitech
  • CrowdAI
Websitesaab.com
Footnotes / references
[1][note 1]

Saab AB (originally Svenska Aeroplan Aktiebolaget, lit.'The Swedish Aeroplane Corporation', acronym SAAB), with subsidiaries collectively known as the Saab Group (Swedish: Saabgruppen), is a Swedish aerospace and defense company primarily operating from Sweden. The company is headquartered in Stockholm, but its development and manufacturing operations are undertaken in Linköping.

The company was formally founded by AB Bofors in 1937, by reforming the aero engine division of company NOHAB (founded in 1930), located in Trollhättan, into a proper aircraft manufacturer. It would soon merge with aircraft manufacturer ASJA (founded in 1931), located in Linköping, in 1940, which had it own design bureau and is considered the spiritual predecessor to today's Saab AB.[2] This formed the SAAB-concern, with the factory in Trollhättan becoming SAAB/T and the factory in Linköping (previously ASJA) becoming SAAB/L and design headquarters.[2]

From 1947, Saab started producing automobiles, the automobile division being spun off as Saab Automobile in 1990, a joint venture with General Motors. The joint venture ended in 2000 when GM took complete ownership. From 1968 onwards the company was in a merger with commercial vehicle manufacturer Scania-Vabis, known as Saab-Scania. The two were de-merged in 1995 by the new owners, Investor AB. Despite the demerger, both Saab and Scania share the right to use the griffin logo,[3] which originates from the coat of arms of the Swedish region of Scania.[4]

  1. ^ "Annual and Sustainability Report 2023" (PDF). Saab AB. pp. 99, 101, 104, 177. Archived (PDF) from the original on 4 March 2024. Retrieved 4 March 2024.
  2. ^ a b Cite error: The named reference Svfpl Andersson was invoked but never defined (see the help page).
  3. ^ "Saab's Griffin Caught Between a Rock and a Hard Place". Brand New. 15 January 2013. Archived from the original on 29 May 2018. Retrieved 8 January 2015.


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