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Bertel Långhjelm
Curt Bertel Casimir Långhjelm (4 June 1903 – 16 February 1987) was a Finnish engineer, businessman and vuorineuvos. Långhjelm was born in Helsinki. He graduated as MSc in Electrical Engineering in Helsinki University of Technology in 1926. He continued his studies in the UK in 1928–1929, and after his return in Finland in 1930 he became power grid inspector. He started in electrical equipment producer Strömberg in 1935 and became site manager in 1945. Långhjelm demonstrated good leadership and organisational skills, and was recruited to leading position in shipbuilding and engineering company Wärtsilä in 1951. He worked as general manager in 1962–1970. Early years and studies Långhjelm was born in Helsinki, Grand Duchy of Finland. His father Carl Långhjelm worked as chief inspector in a life insurance company; his mother was Alma née Holm. Länghjelm graduated from the Helsinki Swedish normal lyceum in 1921, after which he went to study Electrical Engineerin ...
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Vuorineuvos
Vuorineuvos ("mining counselor", literally Finnish for "mountain counselor"; sv, bergsråd) is a Finnish honorary title granted by the President of Finland to leading figures in industry and commerce. The title is honorary and has no responsibilities and no privileges. All Finnish titles are non-hereditary. The only title of equal rank is ''valtioneuvos''. Origin and history The vuorineuvos title originated in late 18th-century Sweden when mining played a major role in the economy, including in Swedish-held Finland. During that era five Finns were awarded the title. From 1809 to 1917 in the semi-autonomous, Russian-ruled Grand Duchy of Finland a further 19 titles were awarded. The first recipient of the vuorineuvos title in the modern Republic of Finland was Baron Fridolf Hisinger, on 17 July 1918. Awarding of the title has evolved to include not only giants of the mining industry but distinguished leaders in other industries and commerce. By 2010, the title had been granted ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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Electricity Company
An electric utility is a company in the electric power industry (often a public utility) that engages in electricity generation and distribution of electricity for sale generally in a regulated market. The electrical utility industry is a major provider of energy in most countries. Electric utilities include investor owned, publicly owned, cooperatives, and nationalized entities. They may be engaged in all or only some aspects of the industry. Electricity markets are also considered electric utilities—these entities buy and sell electricity, acting as brokers, but usually do not own or operate generation, transmission, or distribution facilities. Utilities are regulated by local and national authorities. Electric utilities are facing increasing demandsBy Candace Lombardi, CNET. Utilities: Green tech good for planet, bad for business” February 23, 2010. including aging infrastructure, reliability, and regulation. In 2009, the French company EDF was the world's largest prod ...
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Second World War
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Pulp And Paper Industry
The pulp and paper industry comprises companies that use wood as raw material and produce pulp, paper, paperboard and other cellulose-based products. Manufacturing process The pulp is fed to a paper machine where it is formed as a paper web and the water is removed from it by pressing and drying. Pressing the sheet removes the water by force. Once the water is forced from the sheet, a special kind of felt, which is not to be confused with the traditional one, is used to collect the water. Whereas, when making paper by hand, a blotter sheet is used instead. Drying involves using air or heat to remove water from the paper sheets. In the earliest days of paper making, this was done by hanging the sheets like laundry. In more modern times, various forms of heated drying mechanisms are used. On the paper machine, the most common is the steam heated can dryer. History of the paper industry Papermaking as a craft is ancient, and for centuries it used various fibers, mainly grasses ...
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1930s Recession
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and i ...
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Matriculation Exam (Finland)
The Finnish Matriculation Examination (Finnish ''ylioppilastutkinto'', Swedish ''studentexamen'') is the matriculation examination taken at the end of secondary education to qualify for entry into university. In practice, the test also constitutes the high school's final exam(s), although there is a separate diploma on graduating from high school, based not on the exam, but on the grades of individual courses. Since 1919, the test has been arranged by a national body, the Matriculation Examination Board. Before that, the administration of the test was the responsibility of the University of Helsinki. Under a previous law, successful completion entitled one to enroll as a university student, initially without the need for an entrance exam (hence "matriculation"). Although the legal requirement has been lifted, matriculation without completing the test is still an exception. The universities are now free to arrange their own entrance examinations in addition to considering scores fr ...
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Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental m ...
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Shipbuilding
Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Shipbuilding and ship repairs, both commercial and military, are referred to as "naval engineering". The construction of boats is a similar activity called boat building. The dismantling of ships is called ship breaking. History Pre-history The earliest known depictions (including paintings and models) of shallow-water sailing boats is from the 6th to 5th millennium BC of the Ubaid period of Mesopotamia. They were made from bundled reeds coated in bitumen and had bipod masts. They sailed in shallow coastal waters of the Persian Gulf. 4th millennium BC Ancient Egypt Evidence from Ancient Egypt shows that the early Egyptians knew how to assemble planks of wood into a ship hull as early as 3100 BC. Egyptian potte ...
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Strömberg (company)
Stromberg Oy or Strömberg Ab, was a company founded by Gottfrid Strömberg in 1889 in Helsinki, Finland, and manufactured electromechanical products such as: generators, electric motors and small power plants. The company was founded initially as ''Gottfrid Strömbergin sähköyhtiö'' in Finnish, ''Gottfrid Strömbergs elföretag'' in Swedish. Strömberg was acquired by Swedish ASEA in 1987, then later in 1988 when ASEA merged with Brown, Boveri & Cie to form ABB, the company became a division of ABB and hence known as ABB Strömberg. In the later 1990s, the company name was changed from ABB Strömberg Oy into ABB Oy and a more integral part of ABB. The company Strömberg expanded in an early stage and founded another factory branch in Vaasa, Finland, in an area which is now known as Strömberg Park. The Strömberg Park area was planned, and parts of the buildings there today were designed by Alvar Aalto. The company has many inventions and firsts to its credit. It has many in ...
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Electrical Grid
An electrical grid is an interconnected network for electricity delivery from producers to consumers. Electrical grids vary in size and can cover whole countries or continents. It consists of:Kaplan, S. M. (2009). Smart Grid. Electrical Power Transmission: Background and Policy Issues. The Capital.Net, Government Series. Pp. 1-42. * power stations: often located near energy and away from heavily populated areas * electrical substations to step voltage up or down * electric power transmission to carry power long distances * electric power distribution to individual customers, where voltage is stepped down again to the required service voltage(s). Grids are nearly always synchronous, meaning all distribution areas operate with three phase alternating current (AC) frequencies synchronized (so that voltage swings occur at almost the same time). This allows transmission of AC power throughout the area, connecting a large number of electricity generators and consumers and potenti ...
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Tankmar Horn
Tankmar Horn (16 August 1924 – 16 March 2018) was a Finnish diplomat, economist, and businessman. Due to his father's position as army officer, Horn lived in different places in his youth. During the Second World War he studied in Berlin and Hungary. After the war end he completed his studies in economics and subsequently he started working for the Finnish Ministry of Foreign Affairs. Horn spent a couple of year long periods of secondment in a number of countries. He ended up negotiating trade agreements with EEC and he also took part in Nordek negotiations which eventually failed. In 1969 Horn got managerial position in multi industrial company Wärtsilä and in the beginning of 1971 he became the managing director. During Horn's era the company internationalised through acquisitions and opening sales offices in many countries. The most significant investment was building entirely new Perno shipyard in Turku. After stepping aside from the company leadership Horn continued ...
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