Investment AB Kinnevik was established in 1936 by Hugo Stenbeck as an investment company. The founder's son, Jan Stenbeck, transformed the company into a modern holding company. Kinnevik is today one of the largest listed investment companies in Europe with total assets of $ 7 billion. Over the past 30 years Kinnevik has set up hundreds of entrepreneurial new businesses within media, telecoms and business services. A number of these businesses have then been spun off by means of dividend share issues to Kinnevik shareholders, and listed separately on Stock Exchanges in Europe and North America, such as the European mobile and fixed line operator Tele2, The Scandinavian and Eastern European broadcasting group Modern Times Group MTG AB, the leading global free newspaper company Metro International, the European call center and debt collection company Transcom WorldWide, the financial services group Invik & Co and finally the emerging market mobile telecommunications group Millicom International Cellular S.A. with licenses in 17 countries. Kinnevik also wholly owns Korsnäs which is a carton board manufacturing business focused mainly on liquid packaging board. Image File history File links No higher resolution available. ... A public company usually refers to a company which is permitted to offer its securities (stock, bonds, etc. ... 1936 (MCMXXXVI) was a leap year starting on Wednesday (link will take you to calendar). ... Nickname: Location of Stockholm in northern Europe Coordinates: , Country Sweden Municipality Stockholm Municipality County Stockholm Province Södermanland and Uppland Charter 13th century Government  - Mayor Kristina Axén Olin (m) Population (March 2007)  - City 786,509  - Density 4,160/km² (10,774. ... Cristina Mayville Stenbeck (born 1977) is a leading Swedish business woman and the daughter and heiress of the capitalist Jan Stenbeck. ... Vigo Carlund (born 1946) is a Swedish businessman. ... Mia Brunell (born 1965) is a Swedish businesswoman. ... Invest redirects here. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Aktiebolag is the Swedish term for a corporation, i. ... Hugo Stenbeck (1890-1977) was a Swedish lawyer and founder of Investment AB Kinnevik. ... Jan Stenbeck (November 14, 1942 in Stockholm, Sweden – August 19, 2002 in Paris, France) was a Swedish media owner. ... Tele2 AB is one of Europes biggest alternative telecommunications operators with over 30 million customers in 22 countries. ... Modern Times Group (MTG) is a Swedish media company. ... For other newspapers with the same name, see Metro (newspaper). ...

In the beginning of 2007 the market value of the Group's holdings of listed securities amounted to SEK 37,800 million ($5.4 billion).

Quick facts

• Performance - Since 1976, Kinnevik’s shares have generated an average effective yield of almost seventeen per cent per year through higher share prices and dividends, as well as the value of the offer to subscribe for shares.
• Market value of the Group's holdings of listed securities: SEK 37 800 million ($5.4 billion) in the beginning of 2007.
• Book value (balance sheet shareholders' equity) of unlisted holdings: SEK 11 800 million (including "interest bearing net debt"?)

Annual Report 2004.

The book value of an asset or group of assets is sometimes the price at which they were originally acquired (historic cost), in many cases equal to purchase price. ...

Operating companies

• Korsnäs Holding AB
• Mellersta Sveriges Lantbruks AB (MSLA)
• Förvaltnings AB Eris & Co
• Relevant Traffic Europe AB

Listed holdings

In order of size

• Tele2
• Millicom International Cellular S.A.
• Transcom WorldWide AB
• Metro International
• Modern Times Group MTG AB
• Invik & Co. AB - Include the wholly owned subsidiaries – Banque Invik, Moderna Försäkringar and Invik Kapitalförvaltning.
• Kontakt East Holding

Tele2 AB is one of Europes biggest alternative telecommunications operators with over 30 million customers in 22 countries. ... For other newspapers with the same name, see Metro (newspaper). ... Modern Times Group (MTG) is a Swedish media company. ...

See also

Other investment companies

• Berkshire Hathaway
• Investor AB
• Liberty Media Corporation

Berkshire Hathaway (NYSE: BRKA, NYSE: BRKB) is a holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. ... Investor AB is a Swedish investment company, founded in 1916 and still controlled by the Wallenberg family. ... The Liberty Media Corporation (NYSE: L) is an American media conglomerate. ...

External links

Company websites

• Kinnevik
• Kinnevik - Kinnevik in brief