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Nokia Assets
Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational corporation, multinational telecommunications industry, telecommunications, technology company, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, in the greater Helsinki Greater Helsinki, metropolitan area, but the company's actual roots are in the Tampere region of Pirkanmaa.HS: Nokian juuret ovat Tammerkosken rannalla
(in Finnish)
In 2020, Nokia employed approximately 92,000 people across over 100 countries, did business in more than 130 countries, and reported annual revenues of around €23 billion. Nokia is a public limited company listed on the Helsinki Stock Exchange and New York Stock Exchange.
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Espoo
Espoo (, ; sv, Esbo) is a city and municipality in the region of Uusimaa in the Republic of Finland. It is located on the northern shore of the Gulf of Finland, bordering the cities of Helsinki, Vantaa, Kirkkonummi, Vihti and Nurmijärvi while surrounding the enclaved town of Kauniainen. The city covers with a population of about 300 000 residents in 2022, making it the 2nd-most populous city in Finland. Espoo forms a major part of a substantially larger metropolitan area known as Greater Helsinki, home to over 1.5 million people in 2020. Espoo was first settled in the Prehistoric Era, with the first signs of human settlements going back as far as 8,000 years, but the population effectively disappeared in the early stages of the Iron Age. In the Early Middle Ages, the area was resettled by Tavastians and Southwestern Finns. After the Northern Crusades, Swedish settlers started migrating to the coastal areas of present-day Finland, and Espoo was established as ...
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Pekka Lundmark
Pekka Lundmark (born 9 December 1963) is a Finnish business executive, and the President and CEO of Nokia. Previously, he was CEO of Fortum, a Finnish state-owned energy company, from 2015 to July 2020. Early life and education Lundmark was born on 9 December 1963 in Espoo, Finland. He graduated from the Helsinki University of Technology with a master's degree in applied physics in 1988. Career Lundmark began his career with Nokia in 1990, where he held various executive positions. He left Nokia in 2000, and joined Startupfactory Oy as a managing partner from 2000 to 2002, followed by a stint as President and CEO of Hackman, a Finnish cutlery and cookware company, from 2002 to 2004. Lundmark then joined Konecranes, a Finnish company specialising in lifting equipment, as the Group Executive Vice President in 2004, and became the President and CEO of the company in 2005, serving until 2015, when he joined Fortum as the President and CEO. On 2 March 2020, Nokia’s board of d ...
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Helsinki Stock Exchange
The Nasdaq Helsinki, formerly known as the Helsinki Stock Exchange ( fi, Helsingin Pörssi, sv, Helsingforsbörsen), is a stock exchange located in Helsinki, Finland. Since 3 September 2003, it has been part of Nasdaq Nordic (previously called ''OMX''). After the OMX merger, it was referred to as ''OMX Helsinki'' (OMXH), then after NASDAQ's acquisition of OMX in February 2008, ''NASDAQ OMX Helsinki'', and currently Nasdaq Helsinki. History The Helsinki Stock Exchange saw its first transaction on October 7, 1912. From then it remained a "free form" financial association until in 1984 it was converted into a cooperative owned mostly by banks, traders, other companies and associations. On April 1, 1990, trading was moved to a new digital system: HETI (Helsinki Stock Exchange Automated Trading and Information System, and in Finnish a rough backronym for "immediately"), which replaced the electro-mechanical trading board originally introduced back in 1935. HETI enabled remote ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Pirkanmaa
Pirkanmaa (; sv, Birkaland; la, Birkaria, link=no), also known as ''Tampere Region'' in government documents, is a region of Finland. It borders the regions of Satakunta, South Ostrobothnia, Central Finland, Päijät-Häme, Kanta-Häme and Southwest Finland. Most of the water area in the Kokemäki River watershed is located in the Pirkanmaa region, although Lake Vanajavesi is partly in the Kanta-Häme region. The region got its name from Pirkkala, which in the Middle Ages comprised most of present-day Pirkanmaa. Tampere is the regional center and capital of Pirkanmaa, and at the same time the largest city in the region. The total population of Pirkanmaa was 529,100 on 30 June 2022, which makes it the second largest among Finland's regions after Uusimaa. The population density is well over twice the Finnish average, and most of its population is largely concentrated in the Tampere sub-region. Economy The Gross domestic product (GDP) of the region was 18.3 billion € in 2016 ...
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Greater Helsinki
Greater Helsinki ( fi, Helsingin seutu, Suur-Helsinki, Swedish: ''Helsingforsregionen'', ''Storhelsingfors'') is the metropolitan area surrounding Helsinki, the capital city of Finland. It includes the smaller Capital Region (''Pääkaupunkiseutu'', ''Huvudstadsregionen'') urban area. The smaller Capital Region consists of the central cities of Helsinki, Vantaa, Espoo, and Kauniainen and has a population of approximately million. The Greater Helsinki region is the largest urbanised area in the country with inhabitants and is by far the most important economic, cultural, and scientific region of Finland. Five out of Finland's 14 universitiesThese are Aalto University, the University of Helsinki, the University of the Arts Helsinki, the Hanken School of Economics, and the National Defence University. and most of the headquarters of notable companies and governmental institutions are located in Greater Helsinki, as is Finland's main airline hub and airport, Helsinki Airport, which ...
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Helsinki
Helsinki ( or ; ; sv, Helsingfors, ) is the Capital city, capital, primate city, primate, and List of cities and towns in Finland, most populous city of Finland. Located on the shore of the Gulf of Finland, it is the seat of the region of Uusimaa in southern Finland, and has a population of . The Helsinki urban area, city's urban area has a population of , making it by far the List of urban areas in Finland by population, most populous urban area in Finland as well as the country's most important center for politics, education, finance, culture, and research; while Tampere in the Pirkanmaa region, located to the north from Helsinki, is the second largest urban area in Finland. Helsinki is located north of Tallinn, Estonia, east of Stockholm, Sweden, and west of Saint Petersburg, Russia. It has History of Helsinki, close historical ties with these three cities. Together with the cities of Espoo, Vantaa, and Kauniainen (and surrounding commuter towns, including the eastern ...
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Consumer Electronics
Consumer electronics or home electronics are electronic (analog or digital) equipment intended for everyday use, typically in private homes. Consumer electronics include devices used for entertainment, communications and recreation. Usually referred to as black goods due to many products being housed in black or dark casings. This term is used to distinguish them from "white goods" which are meant for housekeeping tasks, such as washing machines and refrigerators, although nowadays, these would be considered black goods, some of these being connected to the Internet. In British English, they are often called brown goods by producers and sellers. In the 2010s, this distinction is absent in large big box consumer electronics stores, which sell entertainment, communication and home office devices, light fixtures and appliances, including the bathroom type. Radio broadcasting in the early 20th century brought the first major consumer product, the broadcast receiver. Later produc ...
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Technology Company
A technology company (or tech company) is an electronics-based technological company, including, for example, business relating to digital electronics, software, and internet-related services, such as e-commerce services. Details According to ''Fortune'', , the ten largest technology companies by revenue are: Apple Inc., Samsung, Foxconn, Alphabet Inc., Microsoft, Huawei, Dell Technologies, Hitachi, IBM, and Sony. Amazon has higher revenue than Apple, but is classified by ''Fortune'' in the retail sector. The most profitable listed in 2020 are Apple Inc., Microsoft, Alphabet Inc., Intel, Meta Platforms, Samsung, and Tencent. Apple Inc., Alphabet Inc. (owner of Google), Meta Platforms (owner of Facebook), Microsoft, and Amazon.com, Inc. are often referred to as the Big Five multinational technology companies based in the United States. These five technology companies dominate major functions, e-commerce channels, and information of the entire Internet ecosystem. As of 2017, the Bi ...
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Telecommunications Industry
The telecommunications industries within the sector of information and communication technology is made up of all telecommunications/telephone companies and internet service providers and plays a crucial role in the evolution of mobile communications and the information society. Traditional telephone calls continue to be the industry's biggest revenue generator, but thanks to advances in network technology, telecom today is less about voice and increasingly about text (messaging, email) and images (e.g. video streaming). High-speed internet access for computer-based data applications such as broadband information services and interactive entertainment is pervasive. Digital subscriber line (DSL) is the main broadband telecom technology. The fastest growth comes from (value-added) network service, services delivered over mobile networks. Insight Research projected that telecommunications services revenue worldwide would grow from $2.2 trillion in 2015 to $2.4 trillion in 2019. ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Bell Labs
Nokia Bell Labs, originally named Bell Telephone Laboratories (1925–1984), then AT&T Bell Laboratories (1984–1996) and Bell Labs Innovations (1996–2007), is an American industrial research and scientific development company owned by multinational company Nokia. With headquarters located in Murray Hill, New Jersey, the company operates several laboratories in the United States and around the world. Researchers working at Bell Laboratories are credited with the development of radio astronomy, the transistor, the laser, the photovoltaic cell, the charge-coupled device (CCD), information theory, the Unix operating system, and the programming languages B, C, C++, S, SNOBOL, AWK, AMPL, and others. Nine Nobel Prizes have been awarded for work completed at Bell Laboratories. Bell Labs had its origin in the complex corporate organization of the Bell System telephone conglomerate. In the late 19th century, the laboratory began as the Western Electric Engineering Department, l ...
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