Word: sweden
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...currency in loans. Every year the IMF conducts on-site inspections of each member nation, dispatching teams of two to five expert economists to pry into budgets, money supplies and payments balances. The inspectors then pass on their reports to IMF's 18-man international board, headed by Sweden's Per Jacobsson, 69, an economist of the classical monetarist school...
...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...
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...
...glory that the Kopparberg brought Sweden, mining conditions were appalling. Sulphurous smoke blacked the huts of Falun and killed off all plant life for miles around. The workers' plight in the dark and sooty mines was so bad that a visitor in the 1700s wrote that "no theologian has ever been able to describe hell so frightfully." In the early 19th century, as iron began replacing copper in importance, Stora Kopparberg turned away from the riches of the copper mountain and began the diversification that has kept it alive and thriving...
...jobs. "My father gave our people material assistance," he says. "I want to give them intellectual assistance." He has organized an Incontro Club that sends Valdagno's citizens on trips abroad at prices they can afford. Last year 84 workers toured Russia ; this year tours are planned to Sweden, the Balkans and the U.S. The Valdagno travelers, armed with tape recorders, meet local workers, visit their plants and homes. Cost to the average worker for a 14-day trip to the U.S. : $150. The Marzottos make up the difference. By helping his workers learn more about the world, Giannino...