Ericsson Nikola Tesla

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Ericsson Nikola Tesla is the Croatian subsidiary of the Swedish telecommunications equipment manufacturer Ericsson. The company is named after the Croatian-born Serb inventor Nikola Tesla. It traces its roots back to the state-owned Nikola Tesla Corporation founded in 1949 in Zagreb, then SFR Yugoslavia. It was very successful in the regional telecommunications market and of Europe for over forty years.

However, with the collapse of communism and the independence of Croatia, the state began looking to privatize the corporation in the year 1992. By 1994, Ericsson emerged as the highest bidder and took a share of the corporation just short of majority ownership. As of 2006 Gordana Kovačević serves as president of Ericsson Nikola Tesla.

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