Braganza (company)
{{Infobox company
| name = Braganza AB
| logo = Braganza AB Logo.png
| trading_name = Braganza
| type = Aktiebolag
| founded = 1938
| hq_location = Bromma Airport
| hq_location_city = Stockholm
| hq_location_country = Sweden
| owner = Per G. Braathen
| subsid = {{Unbulleted list|Braathens Regional Airlines
|Braathens International Airways
|Kristiansand Zoo and Amusement Park}}
| website = www.braganza.com
}}
Braganza AB is a Swedish privately held holding company owned by Norwegian investor Per G. Braathen. The company has roots in Norway, where it was involved in shipping and aviation. Over the years, Braganza has focused primarily on the transport and tourism sectors. As of 2023, Braganza AB reported a revenue of 9.3 billion SEK and employed approximately 1,200 people.{{Cite web |date=2024-07-19 |title=Braganza |url=https://www.braganza.com/ |access-date=2024-09-01 |website=www.braganza.com |language=en}}
History
File:BRA Braathens Regional Airlines EFHK.jpg
Braganza was founded in 1938 by Ludvig G. Braathen as part of the shipping movement under the name Ludv.G. Braathens Rederi. In 1946, Braathens founded the airline Braathens S.A.F.E., organizing its ownership through Braganza. The company held sole ownership of Braathens S.A.F.E. until 1994 and maintained partial ownership until 2001, when Norway's largest domestic airline was sold to the SAS Group for 1.1 billion Norwegian krone.{{Cite web |title=History |url=https://www.braganza.com/history |access-date=2024-09-01 |website=www.braganza.com |language=en}}
File:65888 Ludvig G Braathen.jpg
In addition to its airline interests, Braganza has previously owned Braathens Helikopter and Busy Bee. The company acquired several airlines, including Malmö Aviation and Transwede, and Braathens S.A.F.E. was publicly listed, resulting in a dispersion of ownership, with a significant stake controlled by the airline KLM. In 2001, Braathens was acquired by SAS. [http://www.braganza.no/Historie History on Braganza.no] {{Webarchive|url=https://web.archive.org/20120205035027/http://www.braganza.no/Historie }}
In 2014, Per G. Braathen, the grandson of the founder, relocated the entire Braganza group from Norway to Sweden.{{Cite web |last=ThunbergText |first=Ida |date=2014-07-29 |title=Norsk miljardär flyr till Sverige |url=https://www.di.se/di/artiklar/2014/7/30/norsk-miljardar-flyr-till-sverige/ |access-date=2024-09-01 |website=Dagens industri |language=sv}} Braathen stated that the decision was made in protest against Norway's corporate tax system and what Braathen described as populist politics. He claimed that Sweden provided a more predictable governance and a better environment for running companies.{{Cite web |date=2014-07-30 |title=Norsk flygmiljardär skatteflyr till Sverige |url=https://www.aftonbladet.se/nyheter/a/jPw3zz/norsk-flygmiljardar-skatteflyr-till-sverige |access-date=2024-09-01 |website=www.aftonbladet.se |language=sv}}
Current Operations
Today, Braganza maintains significant investments in the transport and tourism industries. Major holdings include Kristiansand Zoo and Amusement Park and Braathens Regional Aviation{{cite web |url=http://en.braganza.no/History |title=History |publisher=Braganza |accessdate=16 September 2012 |archive-url=https://web.archive.org/web/20120825221525/http://en.braganza.no/History |archive-date=25 August 2012 |url-status=dead }}
References
{{reflist}}
External links
- [http://www.braganza.com Official website]
{{Braathens}}
Category:Holding companies of Norway
Category:Holding companies established in 1938
Category:Companies based in Oslo
Category:Airline holding companies