Götaverken [SEP] industry
Götaverken
Götaverken was a shipbuilding company that was located on Hisingen, Gothenburg. During the 1930s it was the world's biggest shipyard by launched gross tonnes. It was founded in 1841, and went bankrupt in 1989.
History.
The company was founded in 1841 by Scottish businessman Alexander Keiller under the name Keillers Werkstad i Göteborg, and was aimed at industrial production. After bankruptcy in 1867, the company was reorganised into Göteborgs Mekaniska Verkstads AB. 
In 1906, the majority of the company's stocks were taken
credits with subsidized interests and conditions, like the Japanese industry. Eriksberg succeeded however, unlike its competitors Götaverken and Kockums, to retain high solvency and go through the last years of the 1960s relatively unhurt. Both Kockums and Götaverken, being public companies, were insolvent and were saved, through a combination of private and state intervention. In the case of Götaverken, the Salén Group of Stockholm, assumed ownership for a limited time with the option to regaining its investment from the State. 
In the beginning of the 1970s,