Word: stora
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Dates: during 1960-1969
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...JOAN STORA Omaha...
...advise-no fewer than 50 Swedish companies, or more than half of Sweden's industry. Directly under Wallenberg management are most of Sweden's international companies, including plane-and automaking SAAB, the $275 million telephone equipment manufacturer L. M. Ericsson, the $500 million ballbearing producer SKF, and Stora Kopparberg, a diversified mining and mineral complex (TIME, March 15). The family also guides Stockholm's largest department store and the company that runs the city's three most luxurious restaurants. In no other industrialized nation in the world does one family exert such enormous economic power...
Olle and Barbro Stahl live in Stockholm's working-class Stora Essingen District. Every morning Olle, 32, kisses Barbro goodbye at the door of their flat and drives his Volkswagen to the city's Vantor parish church, where he is a curate. Barbro, 30, spends an hour or so with her son Krister and then goes across her garden to the Essinge parish church, where she is assistant pastor...
...Stora has built so many specialized machines and invented so many processes that it derives a substantial income from 120 licensing agreements with foreign countries. Its most notable recent achievement was the development of the Kaldo steelmaking process, which rivals Austria's famous LD process for making high-grade steel more quickly and efficiently...
...knows exactly how old Stora is. The first documented reference to it dates from 1288, but archaeologists think that mining was going on long before that. Teams of Stora experts are employing spectroanalysis to determine the age of ancient copper objects that have been found in the old mine shafts. They may go back 1,000 years...