AKTIEBOLAG

'Aktiebolag' is the Swedish term for a corporation, i.e. a company that has stocks. When used in company names it is abbreviated 'AB' in Sweden and 'Ab' in Finland.
The Finnish language equivalent is osakeyhtiö, or Oy. The German and Norwegian equivalents would be Aktiengesellschaft (AG) and Aksjeselskap (AS), respectively, which is literally a translation of the Swedish term (or vice versa); the British would be Limited company (Ltd.); the Americans call it corporation (Inc.).
Companies that are on the Swedish stock markets provide public stock, and their legal name is 'AB (publ)' in Sweden (although the term "publ." is never used in common trading). This to differentiate them from companies that do not offer public stock. Even small companies, such as one-man companies, can be structured as stock companies. In Finland, Abp is a company listed on the Helsinki Stock Exchange.
The abbreviation has been so common that it is commonly seen within company names. SAAB (Svenska Aeroplan AB) is one well known example. Others are Abloy (Ab Lås Oy) and Peab etc.

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See also

Links

See also

★ Gesellschaft mit beschränkter Haftung (GmbH; limited liability company)

★ Aktieselskab (the corresponding concept in Denmark)

★ Public limited company (the corresponding concept in the UK and in Ireland)

★ S. A. (the corresponding concept in France, Spain and other Romance language countries)

★ Naamloze Vennootschap (the corresponding concept in the Netherlands)

★ Osakeyhtiö (the corresponding concept in Finland)

★ Societas Europaea (the corresponding concept for European companies in the European Union)

★ Limited liability company

Links

Swedish Companies Registration Office