Milljónarfélagið
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Milljónarfélagið
Milljónarfélagið was a fishing company, officially named P.J. Thorsteinsson & Co., which was based on the island of Viðey and ran from 1907 to 1914. Viðey was chosen as the main centre for the company because the nearby Reykjavík at the time lacked a harbour, water supply, and electricity. The company was named ''Milljónarfélagið'' ('million-company') because the share value of the company was a million krónur, which was the same as the state income of Iceland in the year of the company's foundation. The key figures in its foundation were Pétur J. Thorsteinsson of Bíldudalur and Thor Jensen Thor Jensen (4 June 1889 – 9 December 1976) was a Norwegian gymnast Gymnastics is a type of sport that includes physical exercises requiring balance, strength, flexibility, agility, coordination, dedication and endurance. The mov ... of Reykjavík, along with Danish investors. The company established two docks for seagoing ships in Viðey; a fish-processing fac ...
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Thor Philip Axel Jensen
Thor Philip Axel Jensen (3 December 1863 – 12 September 1947) was a Danish entrepreneur who moved to Iceland at an early age and became famous there for his business activities during the first half of the twentieth century: he all but introduced big business, and even modern capitalism, to the country. His company Kveldúlfur hf. was the biggest in Iceland during the inter-war years. His descendants include some of Iceland's most powerful and well known figures. Early life Thor's father, Jens Chr. Jensen, was a master builder. Thor had eleven siblings and four half-sisters. Thor did well in his studies but lost his father at the age of eight. Two years later, he was sent to a free boarding school for orphans in Copenhagen. In 1878, at the end of his studies and after reaching confirmation age, Thor was sent to Borðeyri, a small trading settlement in the north-west of Iceland, because his headmaster knew an Icelandic merchant there. Thor adapted quickly to Iceland, learnin ...
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Viðey
Viðey (; sometimes anglicised as Videy) is the largest island of the Kollafjörður Bay in Iceland, near the capital of Reykjavík. Overview The island covers ; its highest point is above sea level. The island is divided by a narrow piece of land (isthmus) creating the West Island, East Island and the largest Home Island. The island has a rich bird life with about 30 species breeding here. The well-vegetated island has areas of bog, grey basalt on the West Island and eastern shore and at least 156 species of plant. Visitors can reach the island by ferry. In the summer ferries leave daily from Skarfabakki, Harpa, and Aegisgarour pier. In the winter, ferry service is from Skarfabakki on weekends only. The Reykjavík City Card includes free ferry transfer to and from the island. Geology About two million years ago during the Pleistocene, Viðey was an active volcano with a massive caldera. The remains of this caldera are much larger than the modern island itself, with the is ...
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Icelandic Króna
The króna or krona (sometimes called Icelandic crown; sign: kr; code: ISK) is the currency of Iceland. Iceland is the second-smallest country by population, after the Seychelles, to have its own currency and monetary policy. Name Like the Nordic currencies (such as the Danish krone, Swedish krona and Norwegian krone) that participated in the historical Scandinavian Monetary Union, the name ''króna'' (meaning ''crown'') comes from the Latin word ''corona'' ("crown"). The name "Icelandic crown" is sometimes used alternatively, for example in the financial markets. First krona, 1874–1981 The Danish krone was introduced to Iceland in 1874, replacing the earlier Danish currency, the rigsdaler. In 1885, Iceland began issuing its own banknotes. The Icelandic krona separated from the Danish krone after the dissolution of the Scandinavian Monetary Union at the start of World War I and Icelandic sovereignty from Denmark in 1918. The first coins were issued in 1922. Iceland ...
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Pétur J
Pétur () or Petur is a given name. Notable people with the name include: * Petur Alberg (1885–1940), Faroese violin player and songwriter from Tórshavn * Pétur Blöndal (1944–2015), Icelandic congressman in the Icelandic Independence Party * Pétur Eyþórsson (born 1978), glima champion, having won the glima grettisbelt multiple times * Petur Gabrovski (1898–1947), Bulgarian politician who briefly served as Prime Minister during the Second World War * Pétur Guðmundsson (athlete) (born 1962), retired male shot putter from Iceland * Pétur Guðmundsson (basketball) (born 1958), retired Icelandic professional basketball player * Pétur Gunnarsson (born 1947), Icelandic writer from Reykjavík * Petur Hliddal (born 1945), American sound engineer * Pétur Marteinsson (born 1973), retired Icelandic football player * Pétur Ormslev (born 1958), retired football midfielder * Pétur Pétursson (born 1959), retired Icelandic footballer who was active as a forward * Pétur Péturs ...
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Bíldudalur
Bíldudalur () is a village situated on the coast of Arnarfjörður, one of the Westfjords in Iceland. It is situated in the Vesturbyggð municipality and has 238 inhabitants (as of January 2021). The village prospered in the 19th century thanks to sound business enterprise and the booming fishing industry. Ólafur Thorlacius (1761–1815) set up business in Bíldudalur following the end of the Danish trade monopoly. He was one of the most influential businessmen in Iceland at the beginning of the 19th century. He bought and sold fish, traded goods and ran his own small fishing fleet. One of his successors, Pétur J. Thorsteinsson (1854–1924) successfully continued this operation. In the late 20th and early 21st centuries, the decline of the fishing industry and the imposition of strict quotas by the Icelandic government led the town to diversify its economy. The village is now home to a factory, which provides employment to many residents, processing a mineral-rich algae f ...
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Reykjavík
Reykjavík ( ; ) is the capital and largest city of Iceland. It is located in southwestern Iceland, on the southern shore of Faxaflói bay. Its latitude is 64°08' N, making it the world's northernmost capital of a sovereign state. With a population of around 131,136 (and 233,034 in the Capital Region), it is the centre of Iceland's cultural, economic, and governmental activity, and is a popular tourist destination. Reykjavík is believed to be the location of the first permanent settlement in Iceland, which, according to Landnámabók, was established by Ingólfr Arnarson in 874 CE. Until the 18th century, there was no urban development in the city location. The city was officially founded in 1786 as a trading town and grew steadily over the following decades, as it transformed into a regional and later national centre of commerce, population, and governmental activities. It is among the cleanest, greenest, and safest cities in the world. History According to lege ...
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1907 Establishments In Iceland
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * ''19'' (film), a 2001 Japanese film * ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * '' Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * ''XIX'' (EP), a 2019 EP by 1the9 Songs * "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus. * "Nineteen", a song by Tegan and Sara from the 2007 album '' The Con''. * "XIX" (song), a 2014 song by Slipk ...
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