SAAS meaning in Business ?

Answer:

What is Société Anonyme des Ateliers de Sécheron mean?

The Société Anonyme des Ateliers de Sécheron (SAAS, in English translated as "Anonymous Society of Sécheron Workshops") was a joint-stock company based in Geneva, Switzerland. It specialized in electrical engineering, including the manufacture of electrical equipment and locomotives.

In 1989, the company was split into four successor companies, ABB Sécheron SA, ABB Power Generation (closed in 1995), ABB Systèmes de Transport and Sécheron SA.

reference

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