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...world's oldest industrial corporation is still going strong. Where? In Sweden. In operation 73 years after King John signed the Magna Carta and more than 200 years before Columbus discovered America, Sweden's Stora Kopparberg Bergslags Aktiebolag has fueled Sweden's industrial growth over the centuries, and today is a modern diversified giant whose eye is on the future. Stora Kopparberg is Sweden's largest producer of electricity, one of the biggest manufacturers of pulpwood and newsprint (with exports to 40 nations), the largest supplier of dairy and agricultural produce, the biggest steelmaker...

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

Hell & Glory. Like its name, the company's history is linked to Stora Kopparberg-a great subterranean copper "mountain" of unusually pure copper ore located among the gloomy forests of central Sweden. Toward the end of the Dark Ages, when copper was needed to arm Europe's growing armies, hundreds of men migrated to the copper mountain. At the pithead sprang up the village of Falun, Sweden's first industrial center, where the company still has its headquarters. At first each miner dug and smelted the ore himself, but by 1347 King Magnus Eriksson had granted...

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

Certain banks in Eastern U. S. cities have already reached and passed their centennials. Such age as a single century, however, pales into insignificance beside that of the oldest corporation in the world -the Stora Kopparbergs Bergslags A. B. This Swedish business stock company, organized in 1225, is this year celebrating its 700th anniversary...

Author: /time Magazine | Title: Oldest Stock Company | 12/14/1925 | See Source »

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