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Saab Group

Saab Group
Public (Nasdaq StockholmSAAB B)
Industry Aerospace and defence
Predecessor SAAB/Saab AB (1937–68)
Saab-Scania (1968–95)
Founded Trollhättan, Sweden (1937)
Headquarters , Sweden
Area served
Worldwide
Key people
Håkan Buskhe
(President & CEO)
Marcus Wallenberg (Chairman)
Products Air Traffic Control systems
Fighter aircraft
Military aircraft
Military systems
Radars
Revenue Increase SEK 027.186 billion (2015)
Increase SEK 01.900 billion (2015)
Increase SEK 001.402 billion (2015)
Total assets Decrease SEK 29.679 billion (2012)
Total equity Increase SEK 014.097 billion (2012)
Number of employees
Increase 13,968 (2012)
Parent Investor AB (30.0%)
Subsidiaries
Website saabgroup.com
Footnotes / references
Numbers from Saab's Annual Report 2012

Saab Group (originally Svenska Aeroplan AB, later SAAB and Saab AB; About this sound listen ) is a Swedish aerospace and defence company, founded in 1937. From 1947 to 1990 it was the parent company of automobile manufacturer Saab Automobile. Between 1968 and 1995 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, which originates from the coat of arms of the Swedish region of Scania.

"Svenska Aeroplan AB (aktiebolag)" (Swedish for "Swedish Aeroplane Company Limited") (SAAB) was founded in 1937 in Trollhättan, with the merger of Svenska Aero AB (SAAB) and Linköping based VASJA the headquarters moved to Linköping. The style "Saab" replaced "SAAB" around 1950.

Originally manufacturing aircraft, the company sought ways in which to diversify its business. In the late 1940s the company began manufacturing cars at its Saab Automobile division, based in Trollhättan. The first car was the Saab 92; full-scale production started December 12, 1949, based on the prototype Ursaab.


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