What does peab stand for?
The corporate brand name and proper noun Peab (officially PEAB AB) is a major Swedish multinational construction and civil engineering enterprise. Etymologically, the name originated historically as an acronym for Paulsson Entreprenad AB, combining the surname of its founding brothers, Erik and Karl-Axel Paulsson, with the Swedish word for contracting. Operating across Sweden, Norway, and Finland, Peab builds residential housing, commercial structures, highways, bridges, and complex public infrastructure projects.
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