Vagnfabriks Aktiebolaget i Södertelge (Vabis) is established in December 1891.
1921: Financial difficulties
The depression following World War One has a severe impact on Scania-Vabis. In 1921 the company runs into financial difficulties. Fresh capital is supplied by Stockholms Enskilda Bank, owned by the Wallenberg family, Sweden’s leading industrialists.
Corporate milestones
1891: Vabis is established
02 Mar 1891