Otto Malm (businessman)
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Otto Malm (businessman)
Otto August Malm (25 July 1838 – 25 November 1898) was one of the most famous shipping magnates in Finland in the 19th century, and at the time of his death, the richest man in Finland. Life Malm inherited a large fortune after his father Peter Malm, and further expanded it through many successful entrepreneurial activities. Despite being the younger of two brothers, Malm took over the management of the family business when his father died in 1868, as the older brother was deaf and deemed not fit to manage the family trading and shipping business. Malm studied commerce at the commercial school in Rostock (Mecklenburg) between 1854–1855. After having worked abroad in England and France, he returned home to work with his father. As of 1863, Malm started to again expand the fleet of sailing ships which had been severely reduced as a consequence of the Crimean War, and at its peak in 1874, it consisted of 8 ships. In the same year, the last large sailing ship was built in Jak ...
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Jakobstad
Jakobstad (; fi, Pietarsaari) is a town and municipality in Ostrobothnia, Finland. The town has a population of () and covers a land area of . The population density is . Neighboring municipalities are Larsmo, Pedersöre, and Nykarleby. The city of Vaasa is located southwest of Jakobstad. Origin of the names The Swedish name literally means ''Jacob's City'' or ''Jacob's Town'', in reference to Jacob De la Gardie. The town was founded at the old harbour of the parish ''Pedersöre'' and this name lives on in the Finnish name of the municipality, ''Pietarsaari'', literally ''Peter's Island''. History The town was founded in 1652 by Ebba Brahe, the widow of the military commander Jacob De la Gardie, and was granted city privileges by Queen Christina of Sweden. The town was founded at the old harbour of the parish ''Pedersöre''. Pedersöre remains an independent municipality neighbouring Jakobstad. The city grew slowly at first, with the authorities scarcely promoting any grow ...
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Grand Duchy Of Finland
The Grand Duchy of Finland ( fi, Suomen suuriruhtinaskunta; sv, Storfurstendömet Finland; russian: Великое княжество Финляндское, , all of which literally translate as Grand Principality of Finland) was the predecessor state of modern Finland. It existed between 1809 and 1917 as an autonomous part of the Russian Empire. Originating in the 16th century as a titular grand duchy held by the King of Sweden, the country became autonomous after its annexation by Russia in the Finnish War of 1808–1809. The Grand Duke of Finland was the Romanov Emperor of Russia, represented by the Governor-General. Due to the governmental structure of the Russian Empire and Finnish initiative, the Grand Duchy's autonomy expanded until the end of the 19th century. The Senate of Finland, founded in 1809, became the most important governmental organ and the precursor to the modern Government of Finland, the Supreme Court of Finland, and the Supreme Administrative Court of ...
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Maria Lovisa Malm
Maria may refer to: People * Mary, mother of Jesus * Maria (given name), a popular given name in many languages Place names Extraterrestrial *170 Maria, a Main belt S-type asteroid discovered in 1877 *Lunar maria (plural of ''mare''), large, dark basaltic plains on Earth's Moon Terrestrial *Maria, Maevatanana, Madagascar *Maria, Quebec, Canada *Maria, Siquijor, the Philippines *María, Spain, in Andalusia *Îles Maria, French Polynesia *María de Huerva, Aragon, Spain *Villa Maria (other) Arts, entertainment, and media Films * ''Maria'' (1947 film), Swedish film * ''Maria'' (1975 film), Swedish film * ''Maria'' (2003 film), Romanian film * ''Maria'' (2019 film), Filipino film * ''Maria'' (2021 film), Canadian film directed by Alec Pronovost * ''Maria'' (Sinhala film), Sri Lankan upcoming film Literature * ''María'' (novel), an 1867 novel by Jorge Isaacs * ''Maria'' (Ukrainian novel), a 1934 novel by the Ukrainian writer Ulas Samchuk * ''Maria'' (play), a 1935 play b ...
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Peter Malm
Peter Malm (22 September 1800 – 7 August 1868) was a major ship owner and merchant in Grand Duchy of Finland in the 19th century, and the father of Otto A. Malm. Life Born in Jakobstad, Malm moved to Turku, Finland for his studies. He worked as a merchant in Liverpool between 1818–1824, and opened his own business in Jakobstad in 1823. As of 1840, Malm had the largest shipping fleet in Finland, consisting of 13 sailing ships. Peter Malm was the first Finnish ship owner to send his ships on transoceanic voyages. In 1845–1847, the barque Hercules was the first Finnish ship to circumnavigate the earth. The Crimean War was a major setback to the business, as the British and French naval operations in the Baltic Sea The Baltic Sea is an arm of the Atlantic Ocean that is enclosed by Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, Russia, Sweden and the North and Central European Plain. The sea stretches from 53°N to 66°N latitude and from ... made it ...
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Rostock
Rostock (), officially the Hanseatic and University City of Rostock (german: link=no, Hanse- und Universitätsstadt Rostock), is the largest city in the German state of Mecklenburg-Vorpommern and lies in the Mecklenburgian part of the state, close to the border with Pomerania. With around 208,000 inhabitants, it is the third-largest city on the German Baltic coast after Kiel and Lübeck, the eighth-largest city in the area of former East Germany, as well as the 39th-largest city of Germany. Rostock was the largest coastal and most important port city in East Germany. Rostock stands on the estuary of the River Warnow into the Bay of Mecklenburg of the Baltic Sea. The city stretches for about along the river. The river flows into the sea in the very north of the city, between the boroughs of Warnemünde and Hohe Düne. The city center lies further upstream, in the very south of the city. Most of Rostock's inhabitants live on the western side of the Warnow; the area east of th ...
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Mecklenburg
Mecklenburg (; nds, label=Low German, Mękel(n)borg ) is a historical region in northern Germany comprising the western and larger part of the federal-state Mecklenburg-Western Pomerania. The largest cities of the region are Rostock, Schwerin, Neubrandenburg, Wismar and Güstrow. The name Mecklenburg derives from a castle named '' Mikilenburg'' (Old Saxon for "big castle", hence its translation into New Latin and Greek as ), located between the cities of Schwerin and Wismar. In Slavic languages it was known as ''Veligrad'', which also means "big castle". It was the ancestral seat of the House of Mecklenburg; for a time the area was divided into Mecklenburg-Schwerin and Mecklenburg-Strelitz among the same dynasty. Linguistically Mecklenburgers retain and use many features of Low German vocabulary or phonology. The adjective for the region is ''Mecklenburgian'' or ''Mecklenburgish'' (german: mecklenburgisch, link=no); inhabitants are called Mecklenburgians or Mecklenburgers ( ...
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Crimean War
The Crimean War, , was fought from October 1853 to February 1856 between Russia and an ultimately victorious alliance of the Ottoman Empire, France, the United Kingdom and Piedmont-Sardinia. Geopolitical causes of the war included the decline of the Ottoman Empire, the expansion of the Russian Empire in the preceding Russo-Turkish Wars, and the British and French preference to preserve the Ottoman Empire to maintain the balance of power in the Concert of Europe. The flashpoint was a disagreement over the rights of Christian minorities in Palestine, then part of the Ottoman Empire, with the French promoting the rights of Roman Catholics, and Russia promoting those of the Eastern Orthodox Church. The churches worked out their differences with the Ottomans and came to an agreement, but both the French Emperor Napoleon III and the Russian Tsar Nicholas I refused to back down. Nicholas issued an ultimatum that demanded the Orthodox subjects of the Ottoman Empire be placed ...
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Frigate
A frigate () is a type of warship. In different eras, the roles and capabilities of ships classified as frigates have varied somewhat. The name frigate in the 17th to early 18th centuries was given to any full-rigged ship built for speed and maneuverability, intended to be used in scouting, escort and patrol roles. The term was applied loosely to ships varying greatly in design. In the second quarter of the 18th century, the 'true frigate' was developed in France. This type of vessel was characterised by possessing only one armed deck, with an unarmed deck below it used for berthing the crew. Late in the 19th century (British and French prototypes were constructed in 1858), armoured frigates were developed as powerful ironclad warships, the term frigate was used because of their single gun deck. Later developments in ironclad ships rendered the frigate designation obsolete and the term fell out of favour. During the Second World War the name 'frigate' was reintroduced to des ...
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Österbotten (ship)
Ostrobothnia (East Bothnia) refers to various areas in Finland: * Ostrobothnia County, province of the Kingdom of Sweden 1634–1775 * Ostrobothnia (historical province), province of the Kingdom of Sweden before 1809 * Ostrobothnia (region), in modern Finland * Other regions in modern Finland: ** South Ostrobothnia ** Central Ostrobothnia ** North Ostrobothnia See also * Bothnia (other) Bothnia or Bothnian may refer to: * Gulf of Bothnia, a gulf of the Baltic Sea between Sweden and Finland **Bothnian Bay, the northernmost waters of the gulf **Bothnian Sea, the southernmost waters of the gulf * Provinces in Sweden and Finland named ... {{geodis it:Ostrobotnia ...
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Finnish Mark
The markka ( fi, markka; sv, mark; sign: Mk; ISO code: FIM, typically known outside Finland as the Finnish mark) was the currency of Finland from 1860 until 28 February 2002, when it ceased to be legal tender. The mark was divided into 100 pennies ( fi, penni; sv, penni), abbreviated as "p". At the point of conversion, the rate was fixed at €1 = Mk 5.94573. The mark was replaced by the euro (€), which had been introduced, in cash form, on 1 January 2002. This was after a transitional period of three years, when the euro was the official currency but only existed as "book money" outside of the monetary base. The dual circulation period, when both the Finnish mark and the euro had legal tender status, ended on 28 February 2002. Etymology The name "markka" was based on a medieval unit of weight. Both "markka" and "penni" are similar to words used in Germany for that country's former currency, based on the same etymological roots as the Deutsche Mark and pfennig. ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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1838 Births
Events January–March * January 10 – A fire destroys Lloyd's Coffee House and the Royal Exchange in London. * January 11 – At Morristown, New Jersey, Samuel Morse, Alfred Vail and Leonard Gale give the first public demonstration of Morse's new invention, the telegraph. * January 11 - A 7.5 earthquake strikes the Romanian district of Vrancea causing damage in Moldavia and Wallachia, killing 73 people. * January 21 – The first known report about the lowest temperature on Earth is made, indicating in Yakutsk. * February 6 – Boer explorer Piet Retief and 60 of his men are massacred by King Dingane kaSenzangakhona of the Zulu people, after Retief accepts an invitation to celebrate the signing of a treaty, and his men willingly disarm as a show of good faith. * February 17 – Weenen massacre: Zulu impis massacre about 532 Voortrekkers, Khoikhoi and Basuto around the site of Weenen in South Africa. * February 24 – U.S. Representatives William J. Graves of K ...
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