ABB is a global leader in power and automation technologies that enable customers from industry, energy, transportation and building sectors to improve productivity and energy efficiency while lowering environmental impact. ABB Group has about 150,000 employees in more than 100 countries.
A Fortune 500 company, ABB is headquartered in Zurich, Switzerland, and is listed on the Swiss, Stockholm, and New York exchanges. ABB Group was formed in 1988, when the Swedish Asea and the Swiss BBC Brown Boveri merged under the name of ABB.
ABB's relationship with China dates back to 1907, when it delivered the first steam boiler to the country. In 1974, ABB established its first office in Hong Kong, followed by its first permanent office in Beijing in 1979. In 1992, ABB launched its first Chinese joint venture in Xiamen. In 1994, ABB moved its China headquarters to Beijing. In 1995, ABB's holding company, ABB China Ltd., was formally established.
After years of fast growth, ABB has established a full range of business activities in China, including R&D, manufacturing, engineering, sales, and service, with nearly 19,000 employees, 36 local companies, and an extensive sales and service network across 90 cities. In 2013, our Orders and Revenue reached a new high of US$5.6 billion, outperforming the market level.