Search Details

Word: abenius (lookup in dictionary) (lookup stats)
Dates: all
Sort By: most recent first (reverse)


Usage:

Lean at the Top. Under Managing Director Hakan Abenius, 60, a grave and quiet Swede who took over in 1948, the company is steadily branching out, has three plants abroad, and is now part of a consortium developing molybdenum deposits in Greenland. Last year Stora's sales were about $153 million, are expected to rise slightly this year. Despite its advanced age, Stora has avoided hardening of the arteries by keeping its upper echelon lean (only 16% of its staff are salaried white-collar workers v. 25% for the average Swedish firm) and its plants remarkably efficient...

Author: /time Magazine | Title: Sweden: The Oldest Corporation In the World | 3/15/1963 | See Source »

| 1 |