Vattenfall is an international power state-owned enterprise with its headquarters in Solna, Sweden. It was founded in 1909 under the name “Kungliga Vattenfallstyrelsen” (Royal Waterfall Board). Until the mid-1970s, the company specialized in the generation of hydroelectric power and was limiting its business to Sweden. Its current name, Vattenfall AB the company received in 1992 after which it experienced a period of considerable development and expansion of the operations area. Today Vattenfall generates power, in addition to Sweden, in the United Kingdom, Finland, Denmark, Germany and the Netherlands. In 2017, the net income of the company reached a level of about 9,5 billion kr.
