Lokala Fack I Globala Företag. Electrolux Verkstadsklubb I Motala Och Koncernfacket 1925-1985

Total Page:16

File Type:pdf, Size:1020Kb

Lokala Fack I Globala Företag. Electrolux Verkstadsklubb I Motala Och Koncernfacket 1925-1985 Johan Åkerman Lokala fack i globala företag Electrolux verkstadsklubb i Motala och koncernfacket 1925–1985 ARBETSLIV I OMVANDLING | 2003:6 a ISBN 91-7045-674-7 | ISSN 1404-8426 Arbetslivsinstitutet är ett nationellt kunskapscentrum för arbetslivsfrågor. På uppdrag av Näringsdepartementet bedriver institutet forskning, utveck- ling och utbildning. Institutet har ca 450 anställda och finns på sju orter i landet. Forskningen är mångvetenskaplig och utgår från problem och utvecklingstendenser i arbetslivet. En viktig uppgift är kommunikation och kunskapsspridning. För mer information, besök vår webbplats www.arbetslivsinstitutet.se Arbetsliv i omvandling är en av Arbetslivsinstitutets vetenskapliga skrift- serier. I serien publiceras avhandlingar, antologier och originalartiklar. Främst välkomnas bidrag avseende vad som i vid mening kan betraktas som arbetsorganisation och arbetsmarknad. De kan utgå från forskning om utvecklingen av arbetslivets organisationer och institutioner, men även behandla olika gruppers eller individers situation i arbetslivet. En mängd ämnesområden och olika perspektiv är således tänkbara. Författarna till bidragen finns i första hand bland forskare från de sam- hälls- och beteendevetenskapliga samt humanistiska ämnesområdena, men även bland andra forskare som är engagerade i utvecklingsstödjande forsk- ning. Skrifterna vänder sig både till forskare och till andra som är intresse- rade av att fördjupa sin förståelse av arbetslivsfrågor. Manuskripten lämnas till redaktören som ombesörjer att ett traditionellt ”refereeförfarande” genomförs. I huvudsak publiceras bidrag från forskare med anknytning till Arbetslivsinstitutet. Linköping Studies in Arts and Science No. 273 Vid filosofiska fakulteten vid Linköpings universitet bedrivs forskning och ges forskarutbildning med utgångspunkt från breda problemområden – teman. Det finns sju teman: Barn, Genus, Hälsa och samhälle, Kommunikation, Kultur- arv och kulturproduktion, Teknik och social förändring samt Vatten i natur och samhälle. Gemensamt ger de ut serien Linköping Studies in Arts and Science. ARBETSLIV I OMVANDLING Redaktör: Eskil Ekstedt Redaktion: Marianne Döös, Jonas Malmberg, Anita Nyberg, Lena Pettersson och Ann-Mari Sätre Åhlander © Arbetslivsinstitutet & författare, 2003 Arbetslivsinstitutet, SE-113 91 Stockholm ISBN 91-7045-674-7 ISSN 1404-8426 Tryckt hos Elanders Gotab, Stockholm F örord Att skriva en avhandling har stundtals upplevts ensamt. Man kan förledas att tro att man är en tjugohundratalets Don Quijote, inte på häst beväpnad med lans utan på en stol framför en dator. De fiender som jag tvingats möta var inte drakar och allsköns monster utan en bångstyrig och stundtals flyktig empiri, teoretiska verk- tyg som hela tiden tycktes ändra innebörd. När resan närmade sig slutet tvingades Don Quijote konstatera att monstren var väderkvarnar och jag inser att jag inte varit ensam. I själva verket har det under hela min resa funnits massor av människor runt mig som stöttat mig på alla upptänkliga sätt. När jag nu får tillfälle att tacka er inser jag att alla inte kan räknas upp här. Några namn måste dock framhållas. Främst vill jag tacka min handledare Svante Beckman vars kreativitet och analytiska skärpa varit avgörande för arbetet, och min biträdande handledare Lars Ekdahl vars stora kunskap om svensk fackföreningsrörelse och metodiska lugn också varit omistlig. Om de liksom jag har tvivlat på att detta projekt skulle kunna slutföras har jag känt ett mycket stort stöd från dem. På Tema-T lärde jag känna många människor som alla bidragit till min avhandling. Inom programmet Teknik och Kultur fick jag både kollegor och vänner. Tack Jonas Anshelm och Sten O. Karlsson för alla trevliga stunder och förtroliga samtal men framförallt för er konsekventa och ärliga kritik av mina alster. Vännen Lars Lagergren bistod med en heroisk insats i ett kritiskt skede och fick mig att känna entusiasm för projektet igen. Martin Kylhammar har varit en intresserad läsare. Göran B. Nilsson har varit generös med synpunkter och uppmuntran. Michel Godhe och Magdalena Hill- ström har båda på sitt sätt och i olika skeden av arbetet bidragit till dess resultat. Kajsa Ellegård har noggrant och kritiskt läst flera av mina texter under pro- cessens gång. Göran Graninger har genom sitt stöd varit viktig för mig. Jag vill även rikta ett särskilt tack till Ulf Mellström, Jane Summerton, och Sabrina Thelander. Till mina doktorandkollegor Peter Andersson, Marie Aurell, Erik Berggren, Anders Hektor, Mattias Martinsson, Bo Persson, Kerstin Sandell, Lennart Stures- son, Francois Texier och Elin Wihlborg med vilka jag delat både seminarier, kafferaster och julfester vill jag rikta ett stort tack. Trots att jag stundtals brustit i mina skyldigheter i samband med köksveckor och inlämnandet av diverse viktiga papper har jag alltid fått ett värmande stöd av Tema-T:s administrativa personal. Tack Eva Danielsson, Christina Lärkner, Ulla Nilsson, Yvonne Nilsson, Margareta Norstad och Eva Pettersson för allt. På humanistiska biblioteket och det tidigare temabiblioteket har jag likaså fått ett utmärkt och professionellt stöd. Jag vill rikta ett särskilt tack till Christina Brage och Rosmari Malmgård. I slutskedet av arbetet fick jag viktig hjälp med över- sättningen till engelska, språkgranskning och formatering av texten. Tack Carl- Erik Blomberg, Eric Elgemyr, Christer Eklöf och Mette Holmberg. En person som har betytt särskilt mycket för avhandlingens innehåll är Christer Thörnkvist, Institutionen för arbetsvetenskap vid Göteborgs universitet. Han var ansvarig för en internationell doktorandkurs som jag hade förmånen att delta i. De samtal som fördes där var mycket intellektuellt stimulerande och roliga. Främst vill jag dock tacka Christer för att han var opponent vid mitt slut- seminarium och gav mig mycket konstruktiv kritik. Jag vill även tacka Björn Horgby, enheten för Historia vid Linköpings univer- sitet, som i ett tidigt skede gav mig konstruktiv kritik. Utan Sven-Åke Andersson vid Metalls avdelning 37 i Motala hade denna av- handling aldrig kommit till stånd. Han ensam öppnade dörrar som annars för- blivit stängda och trodde på projektet. Tack Sven-Åke, Johnny Niklasson och Rolf Karlsson för att ni tog er tid att svara på alla mina frågor. Jag vill även rikta ett tack till verkstadsklubben i Motala för all hjälp och vägledning i använd- ningen av ert arkivmaterial. Folkrörelsearkivet i Motala skall också ha en stor eloge för den utomordentliga service och välvilja jag möttes med. Tack Arbetslivsinstitutet som finansierat hela mitt avhandlingsarbete. Slutligen vill jag av hela mitt hjärta tacka min familj. Tack Anna-Karin för allt stöd, tålamod och kärlek som du ger mig. Aston och Ylva! Äntligen är Boken färdig. Linköping i april 2003 Johan Åkerman Innehåll Kapitel 1. Lokala fack i globala företag 1 Preliminära frågeställningar 2 Internationellt företagande – inget nytt fenomen 4 Forskning om koncernfack 5 Historieskrivning om koncernfack – en blind fläck 13 Tidigare forskning om fackföreningar 14 Tidigare forskning om Electrolux 16 Vad gör en fackförening? 20 Syfte och frågeställningar 24 Material 25 Metod 29 Disposition 31 Kapitel 2. Electrolux, Motala och Verkstadsklubben 1920-1946 33 Axel Wenner-Gren och Electrolux historia fram till 1946 33 Electrolux Motalafabrik 1925-1946 36 Electrolux verkstadsklubb 1925-1946 38 Tidiga koncernfackliga kontakter 42 Listor, kommunister och spanska barn 43 Det första koncernfackliga mötet 47 Summering 49 Kapitel 3. Verkstadsklubben, företagsnämnden och koncernfacket 1946-1970 51 Electrolux övergripande historia 1946-1970 51 Koncernfacklig organisation 53 Företagsnämndernas bakgrund 55 Företagsnämnden vid Electrolux i Motala 56 Ledig midsommarafton 60 ”Världserövrarna” 61 Intryck från USA 62 Rationalisering 65 Koncernstruktur påverkar produktionen 67 Fackligt och politiskt samarbete utanför ramen för koncernfacket 70 Verkstadsklubben i samhällsbygget 71 Sociala förmåner 72 Ett orolig årtionde 74 Sociala paketet 75 Produktion under hot 77 Mellan hopp och förtvivlan 78 Motalafabriken en del av Norden 82 Lyckligt slut på 1960-talet för Motalafabriken 83 Summering 85 Kapitel 4. 1970-talets diskussion om de multinationella företagen 91 LO och de multinationella företagen 91 Nordiskt samarbete 93 Metallindustriarbetareförbundet och de multinationella företagen 94 Studiematerial om multinationella företag 97 Rapporten Fackföreningsrörelsen och de multinationella företagen 97 LO-Kongressen 1976 104 Studiematerial från LO 107 LO-kongressen 1981 108 Kurt Samuelsson och de multinationella företagen 112 Summering 115 Kapitel 5. Electrolux koncernfackliga organisation 1970-1985 119 Electrolux koncernfack vid 1970-talets början 119 Arbetsmarknadslagstiftning under 1970-talet 120 Electrolux koncernfackliga organisation 1970-1985 122 Electroluxkoncernens LO-klubbars samorganisation (ELSA) 138 Summering 145 Kapitel 6. Electrolux koncernfack 1970-1985 149 Allmän utveckling i Electroluxkoncernen 1970-1985 149 Koncernfacket och de traditionella fackliga frågorna 152 Ömma tår 152 Koncernfackets vägval – lokal suveränitet eller central samordning 155 Fast månadslön 159 Nya styrformer 160 Koncernfackliga frågor 163 Koncernens skattebetalning 163 Hemförsäljningskommittén 164 Arbetsmiljöfonden 167 Ekonomikommitté och arbetstagarkonsult 169 Central företagsnämnd – konkurrent eller komplement till koncernfack? 173 Sysselsättningsläget 174 Sysselsättningsläget i Motala 182 Diskmaskinens resa 183 Koncernfackets relation till SIF och SALF 193 Summering 196 Kapitel 7. Internationell
Recommended publications
  • SEB Fund 1 AR 31122019 Final Post BM
    Annual Report SEB Fund 1 Status: 31 December 2019 R.C.S K 49 Notice The sole legally binding basis for the purchase of units of the Fund described in this report is the latest valid Sales Prospectus with its terms of contract. Table of Contents Page Additional Information to the Investors in Germany 2 Organisation 3 General Information 5 Management Report 9 Schedule of Investments: SEB Fund 1 - SEB Asset Selection Fund 10 SEB Fund 1 - SEB Europe Index Fund 14 SEB Fund 1 - SEB Global Fund 24 SEB Fund 1 - SEB Global Chance / Risk Fund 33 SEB Fund 1 - SEB Norway Focus Fund 39 SEB Fund 1 - SEB Sustainability Fund Europe 41 SEB Fund 1 - SEB Sustainability Nordic Fund 46 SEB Fund 1 - SEB US All Cap 48 Combined Statement of Operations 50 Combined Statement of Changes in Net Assets 54 Combined Statement of Net Assets 58 Statistical Information 62 Notes to the Financial Statements 74 Audit Report 81 Risk Disclosure (unaudited) 84 Remuneration Disclosure (unaudited) 86 1 Additional Information to the Investors in Germany As at 31 December 2019 Units in circulation: The following Sub-Funds are publicly approved for distribution in Germany: • SEB Fund 1 - SEB Asset Selection Fund • SEB Fund 1 - SEB Global Fund • SEB Fund 1 - SEB Global Chance / Risk Fund • SEB Fund 1 - SEB Sustainability Fund Europe • SEB Fund 1 - SEB Sustainability Nordic Fund The following Sub-Funds are not distributed in Germany: • SEB Fund 1 - SEB Europe Index Fund • SEB Fund 1 - SEB Norway Focus Fund • SEB Fund 1 - SEB US All Cap The information disclosed above is as at 31 December 2019 and this may change after the year end.
    [Show full text]
  • Richmond Region
    SCANDINAVIA Home to more More than Fortune 500 than 60,000 200 foreign company businesses affiliated firms 8 headquarters More than 1,700 More than 70 international More than 20 international students from international clubs and over 115 festivals each year organizations countries Richmond Region, USA A proven location for international business BUSINESS CLUSTERS The Richmond Region is home to more than 60,000 businesses, with everything from Fortune 1000 companies to two-person startups. Our strongest business clusters include: Corporate Information Finance & Advanced Food & BioScience Supply Chain Services Technology Insurance Manufacturing Beverage SCANDINAVIAN OWNED FIRMS IN RICHMOND More than 200 foreign affiliated firms have 210+ facilities in the Richmond Region representing nearly 30 countries. These firms employ over 19,000 workers and provide a wide range of products and services. There are six Scandinavian companies in the region: Alfa Laval AB (Sweden) Plate heat exchanger & high purity pump & valve production Kone Corporation (Finland) Elevator and escalator service and manufacturing MarkBric AB (Sweden) Portable displays; size marking indicators, labels, rack dividers Scandinavian Tobacco Group (Denmark) Manufacturing and distribution of premium cigars Securitas AB (Sweden) Security and related services Swedish Match AB (Sweden) Chewing and smoking tobacco TRANSPORTATION & INFRASTRUCTURE n Richmond is strategically located at the mid-point of the East Coast, less than 160 km (100 mi) from Washington, D.C. 1 Hanover n Three interstate highways converge in the region. 95 n More than 45% of the nation’s consumers are within a one-day drive R R of Richmond. Hanover 301 Airport n Two of the nation’s largest operators, CSX and Norfolk Southern, 64 provide rail freight service and AMTRAK provides passenger rail 295 service.
    [Show full text]
  • Svenska Handelsbanken AB
    OFFERING CIRCULAR Svenska Handelsbanken AB (publ) (Incorporated as a public limited liability banking company in The Kingdom of Sweden) U.S.$50,000,000,000 Euro Medium Term Note Programme for the issue of Notes with a minimum maturity of one month On 26th June, 1992 Svenska Handelsbanken AB (publ) (the “Issuer” or the “Bank”) entered into a U.S.$1,500,000,000 Euro Medium Term Note Programme (the “Programme”) and issued an offering circular on that date describing the Programme. This Offering Circular supersedes any previous offering circular and supplements therein prepared in connection with the Programme. Any Notes (as defined below) issued under the Programme on or after the date of this Offering Circular are issued subject to the provisions described herein. This does not affect any Notes already in issue. Under the Programme, the Bank may from time to time issue Notes (the “Notes”), which expression shall include Notes (i) issued on a senior preferred basis as described in Condition 3 (“Senior Preferred Notes”), (ii) issued on a senior non-preferred basis as described in Condition 4 (“Senior Non-Preferred Notes”), (iii) issued on a subordinated basis and which rank on any voluntary or involuntary liquidation (Sw. likvidation) or bankruptcy (Sw. konkurs) of the Bank as described in Condition 5 (“Subordinated Notes”) and (iv) issued on a subordinated basis with no fixed maturity and which rank on any voluntary or involuntary liquidation (Sw. likvidation) or bankruptcy (Sw. konkurs) of the Bank as described in Condition 6 (“Additional Tier 1 Notes”). The Outstanding Principal Amount (as defined in Condition 2) of each Series (as defined below) of Additional Tier 1 Notes will be subject to Write Down (as defined in Condition 2) if the Common Equity Tier 1 Capital Ratio (as defined in Condition 2) of the Bank and/or the Handelsbanken Group (as defined Condition 2) is less than the relevant Trigger Level (as defined in Condition 2).
    [Show full text]
  • A Great Brand Gives You Thousands of Opportunities!
    A great brand gives you thousands of opportunities! www.electrolux.com/licensing If you have the PRODUCTS that people want, we have the BRANDS that people trust. Accelerate your business. • Make more money • Build on established brand equity • Expand into other product categories • Partner with one of the best worldwide companies You can accomplish all of the above. Through brand licensing we can help you maximize your business potential. What is brand licensing? The benefits A great product without a great brand leads The basic thought of brand licensing is to nowhere. But building a recognized brand use the strength from an established brand, takes a lot of time and investment. Working that already has consumer recognition together is the solution. You can be given and loyalty, instead of building an entirely the authority and opportunity to use a new brand from scratch that takes decades recognized name, already established and to create. well known. Brand licensing is a strategy to: Brand licensing is a contractual agreement • Grow in slow and/or fragmented markets permitting use of a brand with a defined • Capture new customer segments product, for a defined period of time, in • Recapture lost customers a defined territory. Through the licensing • Expand into new product categories process, the owner extends use of the and markets brand onto a variety of different products. • Capture new product price points and improve your margins Through licensing, we enable you to use one of our famous brands on your product. The result? You then select the manufacturer and A faster, more effective way to roll out a new control the process.
    [Show full text]
  • Alternative Index Weighting Strategies on the Swedish Stock Market
    Alternative Index Weighting Strategies on the Swedish Stock Market William Appelgren Johanna Trost [email protected] [email protected] Stockholm School of Economics Department of Finance Spring 2014 Tutor: Michael Halling Abstract The Market-Capitalization index reweighting has since long had the role as the conventional tool for passive investments through its simplicity and CAPM framework conformance. Nowadays, alternative index reweightings are getting increased traction in the light of market-capitalization criticism and suggested risk-return improvements and possibilities of desired characteristics. This study sets to examine four alternative index reweightings; the Minimum Variance, the Equal Weights, the Equal Risk Contribution and the Risk-Weighted Alpha reweighting methods, as well as compare these indices to the benchmark Market-Capitalization weighted index over a number of quantitative measures. The stock universe chosen is the OMXS30 constituents of the NASDAQ OMX Stockholm Stock Exchange and the study also discusses the feasibility of introducing the alternative methods to the exchange. The study shows that all computed alternative methods beat the benchmark in terms of risk-adjusted return, as well as return in absolute measures. Index weight characteristics over time, especially as an effect of short-selling constraints, do however impact the weightings significantly and with regards to feasibility do not all alternative indices show on definite prevalence over the Market-Capitalization index for the examined data set and time period. Possible improvements of the data collection, method decisions and tools for analysis are also discussed as a reference for further studies. The findings of the study conclude in not being able to reject the proposal of an alternative index launch on the Swedish stock market.
    [Show full text]
  • A ABB Group Advantage Global Trade Solutions AF Consult Ahlstrom
    A CFAO ABB Group China Systems Advantage Global Trade Solutions Chromafora AF Consult Citi Ahlstrom Munksjö ClimeOn Airbus Group Coface Aker Solutions Collector Bank Alfa Laval Credit Agricole Corporate & Investment Alimak Group Bank Andritz ANZ D Aon Danieli Archer Daniels Midland Danske Bank AS Arjo Huntleigh DeLaval Arthur J. Gallagher Deutsche Bank Atlas Copco DNB Bank Atradius Doranova AXA Group E B Eitech Bank ABC EKF Barak Fund Management Ekman & Co. Barclays EKN BillerudKorsnäs Elekta BNP Paribas Elof Hansson BNY Mellon Envac Bolero International Epiroc BPL Global Ericsson Brim Essity Bunge ESSWELL International Bureau van Dijk Euler Hermes Business Sweden F C Finnvera Camfil Flir Canopius FLSmidth CellMark Fortex International Cellmark G Metso Corporation Geodis MG Systemes Getinge Group Microsoft Corporation GIEK Mitigram GKN Aerospace Mizuho Bank Global Trade Corporation GTR N Gunnebo Treasury NatWest NCC H Nederman Handelsbanken NEOT Holmen Nokia Howden Sweden Nordea HSBC Nordic Investment Bank Hydro Aluminium Normet Group Nynas I IBM O ICC OCP Group ING OP Financial Group Interspiro Outokumpu Investec Outotec J P JLT Paulig Group John Bean Technologies Corporation Ponsse Price & Pierce K Kalmar Industries R Konecranes Raiffeisen Bank International Kongsberg Gruppen RKH Specialty Korab International Rolling Optics L S LEAP Export Finance Saab Lego Group Sandvik Sasa M Scania Marsh SEB McLaren SEK Setra Y Siemens Yapi Merkezi Siemens Financial Services Yara International SKF YIT Skov SMT Group Z Société Générale Zurich Credit & Political Risk SSAB Standard Chartered Stora Enso Sumitomo Mitsui Banking Corporation Surecomp Svenska Handelsbanken Swedafrica Consulting Swedbank Swift T Taurus fondas TD Bank Group Tellux Africa The Channel Syndicate The Game Changer Global Initiative TradeIX V Väderstad Valmet Vattenfall Volvo Group W we.trade Wells Fargo Willis Towers Watson X XL Catlin .
    [Show full text]
  • Sweden - India Business Guide
    3 BUSINESS GUIDE SWEDEN - INDIA SWEDEN SWEDEN - INDIA BUSINESS GUIDE 2 SWEDEN - INDIA BUSINESS GUIDE Disclaimer: The Embassy of Sweden, Consulate General of Sweden, Business Sweden and Swedish Chamber of Commerce India have made every effort to provide a comprehensive directory of companies with substantial Swedish interest represented in India, and companies with substantial Indian interest represented in Sweden. However, the Embassy cannot guarantee that the list is exhaustive. All company information contained in this directory has been provided by the companies themselves. Copyright (c) May 2017, Embassy of Sweden 4 1 Table of Contents Foreword 5 Team Sweden 7 Country Facts - Economy Trade and Investments 17 Core Values 31 Platforms 43 Partners 59 Business Directory 63 Swedish Prime Minister Stefan Löfven and Indian Prime Minister Narendra Modi in Mumbai 2 3 Foreword Sweden Makes in India! Ties between Sweden and India continue to environment and smart cities, ICT and grow stronger. We see intensified relations digitalization, as well as healthcare and life in a range of areas of mutual benefit and sciences. Sweden believes in knowledge- an increasing exchange of high-level visits based societies, powered by innovation and in both directions. The Make in India Week sustainability, while investing in people. In in Mumbai in 2016 saw the creation of a this, India and Sweden are ideal partners in permanent platform for business leaders, building sustainable business for the future. the India Sweden Business Leaders’ Round Table. In this eighth edition of the Sweden – India Business Guide, we highlight the core values Swedish companies have been Making in and key competencies that Sweden offers India for many decades and today create 185 India in a strategic partnership.
    [Show full text]
  • Alfa Laval Group P.O
    Alfa Laval Group P.O. Box 73 221 00 Lund Lund, Sweden – October 21, 2020 Sweden Visit: Rudeboksvägen 1 Tel: +46 46 36 65 00 Fax: +46 46 30 50 90 www.alfalaval.com THIS STOCK EXCHANGE RELEASE MAY NOT BE RELEASED, PUBLISHED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, NEW ZEALAND, SOUTH AFRICA, OR ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. FOR FURTHER INFORMATION, PLEASE SEE SECTION ENTITLED “IMPORTANT INFORMATION” BELOW. Alfa Laval supplements the tender offer document dated 12 August 2020 regarding the recommended public cash tender offer for all shares in Neles Alfa Laval AB (publ), 21 October 2020 at 3:00 p.m. CEST As previously announced, Alfa Laval AB (publ) (“Alfa Laval” or the “Offeror”) and Neles Corporation (“Neles”) have on 13 July 2020 entered into a combination agreement pursuant to which Alfa Laval has made a voluntary recommended public cash tender offer for all issued and outstanding shares in Neles (the “Tender Offer”). Alfa Laval has published a tender offer document, dated 12 August 2020, concerning the Tender Offer (the “Tender Offer Document”). The acceptance period under the Tender Offer commenced on 13 August 2020 at 9:30 a.m. (Finnish time) and will expire on 30 October 2020 at 4:00 p.m. (Finnish time), unless extended in accordance with the terms and conditions of the Tender Offer and applicable laws and regulations. The Finnish Financial Supervisory Authority has today approved a supplement to the Tender Offer Document (such supplement hereinafter the “Supplement Document”).
    [Show full text]
  • Annual Report 2014
    ANNUAL REPORT 2014 Dress €99 Blazer €19.99 H&M SPRING 2015 MODERN ESSENTIALS SELECTED BY DAVID BECKHAM SPRING 2015 Shirt €19.99 H&M SPRING 2014 Sweater € 19.95 — H&M ANNUAL REPORT 2014 — Contents H&M IN WORDS AND PICTURES This is H&M 8 CEO letter 10 2014 in brief 12 Our brands 16 Sustainable development 36 Our employees 42 Expansion 46 History 54 H&M IN FIGURES Administration report, including proposed distribution of earnings 60 Group income statement 66 Consolidated statement of comprehensive income 66 Group balance sheet 67 Group changes in equity 68 Group cash flow statement 69 Parent company income statement 70 Parent company statement of comprehensive income 70 Parent company balance sheet 71 Parent company changes in equity 72 Parent company cash flow statement 73 Notes to the financial statements 74 Signing of the annual report 90 Auditor’s report 91 Corporate governance report, including information about the board of directors 92 Auditor’s statement on the corporate governance report 104 Five year summary 106 The H&M share 107 Financial information and contact details 108 H&M’s annual accounts and consolidated accounts for the financial year 2013/14 comprise pages 60–90. — THIS IS H&M — Fashion and quality at the best price H&M is a leading global fashion company with strong values and a clear business concept. H&M has a passion for fashion, a belief in people and a desire to always exceed customers’ expectations – and to do so in a sustainable way. H&M’s busi- ness concept is to offer fashion and quality at the best price.
    [Show full text]
  • SKF Cylindrical Roller Bearings - Always in the Lead Contents
    SKF cylindrical roller bearings - always in the lead Contents The SKF brand now stands for more than ever before, 1 Product information ................................................. 3 and means more to you as a valued customer. Accommodate heavy loads, high speeds and axial displacements...................................................... 3 While SKF maintains its leadership as the hallmark of SKF single row cylindrical roller bearings – quality bearings throughout the world, new dimensions better by design ........................................................... 4 in technical advances, product support and services SKF standard bearings – benefits ............................... 5 have evolved SKF into a truly solutions-oriented supplier, Optimized cross section .............................................. 5 creating greater value for customers. Optimal contact conditions ......................................... 5 Interchangeability of bearing components .................. 5 These solutions encompass ways to bring greater Cages made of three different materials ..................... 6 productivity to customers, not only with breakthrough A wide product range .................................................. 7 application-specific products, but also through leading- SKF Explorer cylindrical roller bearings – edge design simulation tools and consultancy services, a new level of performance ......................................... 10 plant asset efficiency maintenance programmes, and Availability ...................................................................
    [Show full text]
  • Presentation of Directors According to the Nomination Committee's
    Presentation of directors according to the Nomination committee’s proposal NEW ELECTION OF: Anders Nielsen Current occupation: Head of Business development at Volkswagen Truck & Bus including brands such as MAN and SCANIA Education: Industrial Engineering and Management at Linköpings Tekniska Högskola Born: 1962 Other assignments: - Previous experience: Anders was employed at Scania in 1987. During his first years at Scania he was Production manager for transmissions and cabins as well as Techincal director for Latin America. In recent years, Anders has been globally responsible for operations and logistics within Scania before he in 2012 was appointed President for MAN Truck & Bus. No. of shares: - RE-ELECTION OF: Göran Carlson Chairman of the board Member of the audit committee Elected: 2010 Current occupation: Investor Education: MBA Born: 1957 Other assignments: Vice chairman of Svenskt Tenn AB Previous experience: Previously President of Ur & Penn, CEO and owner of c/o Departments & Stores and founder of pharmacy chain Medstop AB. No. of shares: 2,506,365 Independent: Yes Staffan Jufors Board member Member of the compensation committee Elected: 2013 Current occupation: Board assignments Education: MBA Born: 1951 Other assignments: Board member of ÅF, Akelius Residential Property AB and Nordens Ark. Previous experience: Previously Chairman of the Board of Volvo Buses, President of Volvo Trucks, President of Volvo Penta as well as senior management positions at Volvo Cars. No. of share: - Independent: Yes Magnus Johansson Board member Chairman of the compensation committee Elected: 2011 Current occupation: Advisor and Director, Mejex AB. Education: B.Sc. Degree from Behavioral Science Program Born: 1955 Other assignments: Chairman of the Board of Elektroautomatik AB and Lurn AB.
    [Show full text]
  • Consumer Selection Guide to Refrigerators and Freezers
    Virginia Cooperative Extension Service Publication No. 356-160 August 1983 Consumer Selection Guide to Refrigerators and Freezers --- - ·· -- . [ VIRGINIA TECH AND VIRGINIA STATE• VIRGINIA'S LAND GRANT UNIVERSITIES LD ~55 lt'1&~ Consumer Guide fro ~- Key facts to consider before you buy: VP/ This selection guide will help you choose the refrigerator or freezer that's right for you. If you're like most S,ec,,. consumers, you'll keep your new refrigerator or freezer for 15 years or more, so it is especially important you make the right selection. Storage Capacity torage capacity is probably the If you live alone, seldom eat at home • Do you entertain frequently? most important buying considera­ and about the only time you open your A Word About Outside Dimensions. tion. A "too large" n1odel refrigerator is for ice cubes or a quick S Buy a model that will fit into your snack, the smaller single-door refriger­ refrigerates or freezes more space than house. Be sure to measure the space ator may be the right choice for you. \'our familv needs. A "too small" available for your new refrigerator or wili' require extra trips to the ~1odel On the other hand, if you answer "yes" freezer as well as door and hallway store or filling the unit too full for to many of the following questions, clearances and compare these require­ adequate air circulation. In each case, you probably should consider a larger ments to the outside dimensions of the higher operating cost will result. model. model you plan to buy. Also check The capacity of a refrigerator or freezer whether your room layout requires a • Do you have a large family? is measured in cubic feet of food stor­ left or right-hand door.
    [Show full text]