Group press releases 2002

date link
2002-12-19: ABB signs US$ 200 million order for ethylene project in China
2002-12-19: ABB wins US$ 30 million order to provide power for aluminum smelter in Canada
2002-12-18: ABB signs US$ 1.5 billion credit facility
2002-11-27: ABB invests US$ 1.6 billion in technology
2002-11-26: ABB signs US$ 200 million agreement for power transformers in United States
2002-11-12: ABB wins US$ 80 million order for North Sea oil platform
2002-11-08: ABB sets new short- and medium-term business targets
2002-11-05: EU gives clearance for sale of Structured Finance business to GE Commercial Finance
2002-11-01: ABB in talks with representatives of asbestos plaintiffs
2002-10-23: ABB acts to lower cost base after weak Q3
2002-10-21: ABB considers options for Combustion Engineering asbestos liability
2002-10-21: ABB revises earnings outlook downward
2002-10-16: ABB power transmission project wins national environmental award in Australia
2002-10-15: ABB announces resignation of Martin Ebner from Board of Directors
2002-10-11: ABB Export Bank sells residential mortgage transactions for US$ 55 million
2002-10-08: ABB wins US$ 180 million order for subsea system in Barents Sea
2002-10-01: ABB appoints new head of Human Resources
2002-09-30: ABB wins US$ 48 million power transmission contract in India
2002-09-18: ABB sells metering business for US$ 244 million
2002-09-17: ABB wins US$ 32 million contract to strengthen power supply in Mozambique
2002-09-05: New leadership at ABB
2002-09-04: ABB sells Structured Finance business to GE Commercial Finance for US$ 2.3 billion
2002-07-23: ABB’s Q2 orders up – recovery continues
2002-07-22: ABB wins US$ 987 million oil and gas order in Russia’s Far East
2002-07-03: ABB wins US$ 93 million order for California power connection
2002-07-02: ABB certifies 10,000 products to new standard
2002-06-27: ABB sells real estate in Sweden for US$ 300 million
2002-06-26: ABB signs US$ 230 million in contracts with Statoil
2002-06-20: ABB wins major US contract for generator circuit breakers
2002-06-06: ABB wins US$ 26 million electrical equipment contract in South Africa
2002-06-06: ABB wins US$ 115 million contract to strengthen Mexico’s power supply
2002-06-04: ABB launches annual sustainability report
2002-05-30: ABB wins US$ 41 million in orders for Venezuelan substation and transmission lines
2002-05-29: ABB wins US$ 37 million order for Romanian substation
2002-05-08: ABB signs letter of intent with Phillips Petroleum
2002-05-03: ABB signs US$ 330 million Statoil contract
2002-04-23: ABB’s operational and financial restructuring on track
2002-04-18: ABB wins power contracts worth US$ 44 million in Nigeria
2002-04-04: ABB wins US$ 50 million contract for power grid connection in United States
2002-04-02: ABB obtains full bank commitment for US$ 3 billion credit facility
2002-03-21: ABB strengthens liquidity and financial flexibility
2002-03-20: ABB wins US$ 22 million contract to build IT platform for Korea Power Exchange
2002-03-18: ABB wins US$ 30 million contract in Algeria
2002-03-13: ABB becomes first company in world to sell 100,000 robots
2002-03-12: ABB shareholders approve annual accounts 2001
2002-03-12: ABB puts Financial Services activities under new CFO
2002-03-10: ABB reaches settlement agreements with former CEOs on benefits
2002-03-01: ABB wins US$ 32 million power order in Saudi Arabia
2002-02-18: ABB opens research and development center in India
2002-02-13: ABB posts US$ 691 million loss for 2001 after substantial charges, cuts net debt in Q4 by US$ 2.2 billion on record cash flow
2002-02-13: ABB Board of Directors reassesses benefits of former CEOs
2002-02-06: ABB accelerates Industrial IT program
2002-01-30: ABB takes US$ 470 million charge for asbestos claims
2002-01-29: ABB combines Group Transformation and Group Processes divisions and appoints Eric Drewery as Division Head
2002-01-28: ABB wins US$ 165 million contract to expand ethylene plant in Poland
2002-01-04: Investor AB increases its ownership in
b-business partners by acquiring shares from ABB
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