Casimir Ehrnrooth
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Göran Albert Casimir "Casse" Ehrnrooth, titled ''
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 responsibili ...
'' (April 6, 1931 – July 8, 2015), was a Finnish magnate and former chairman of the Nokia Corporation. His business career began in the forest industry, and later he was a director of
UPM-Kymmene UPM-Kymmene Oyj is a Finnish forest industry company. UPM-Kymmene was formed by the merger of Kymmene Corporation with Repola Oy and its subsidiary United Paper Mills Ltd in 1996. UPM consists of six business areas: UPM Fibres, UPM Energy, UPM ...
and Merita-Nordbanken. The eldest son of the President of
Nordic Union Bank Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive m ...
, one of the then two biggest banks in Finland, Ehrnrooth inherited substantial holdings in important companies from both his paternal and maternal families. His paternal family were in
banking A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becau ...
, while his maternal forefathers were founders of
Fiskars Fiskars Group (also known as Fiskars Oyj Abp or Fiskars Corporation, and until 1998 as Fiskars Oy Ab) is a Finnish group company. The company has its roots in the village of Fiskars (in the town of Raseborg, about west of Helsinki), where it ...
and Kaukas industries. His earlier family tree includes notable military men. He had a degree in law from Helsinki University.


Kaukas

Casimir Ehrnrooth succeeded his maternal relatives as President and CEO of Kaukas paper factory, in small town of
Lauritsala Lauritsala () is a former Finnish market town in the South Karelia region. It was closed down on 1 January 1967 and was incorporated into Lappeenranta. The present district of Lauritsala comprises only the center of the former town. History L ...
(annexed to
Lappeenranta Lappeenranta (; sv, Villmanstrand) is a city and municipality in the region of South Karelia, about from the Russian border and from the town of Vyborg (''Viipuri''). It is situated on the shore of the Lake Saimaa in southeastern Finland, and ...
in 1967), Southern Karelia in 1962; and he served there for a long time. Casimir Ehrnroth was successor of
Jacob von Julin Jacob (; ; ar, يَعْقُوب, Jacob in Islam, Yaʿqūb; gr, Ἰακώβ, Iakṓb), later given the name Israel (name), Israel, is regarded as a Patriarchs (Bible), patriarch of the Israelites and is an important figure in Abrahamic religi ...
(1906–1987) as CEO of Kaukas paper factory. He was Jacob von Julin’s sister's son. Casimir Ehrnrooth was selected in the Kaukas Board of Directors in 1954 and as CEO in 1967. In 1985, he arranged the merger between Kymi-Strömberg industrial corporation and his Kaukas, becoming President and Chairman of the new conglomerate,
Kymmene Corporation UPM-Kymmene Oyj is a Finnish Forest industry in Finland, forest industry company. UPM-Kymmene was formed by the merger of Kymmene Corporation with Repola Oy and its subsidiary United Paper Mills Ltd in 1996. UPM consists of six business areas: UP ...
, in which position he served until retirement. As such, Casimir Ehrnrooth was in the late 1980s and early 1990s the top businessman and decision-maker of Finnish
forest industry The wood industry or timber industry (sometimes lumber industry -- when referring mainly to sawed boards) is the industry concerned with forestry, logging, timber trade, and the production of primary forest products and wood products (e.g. furn ...
, a branch most important to overall Finnish economy. His influence was felt in several governmental policies of Finland, such as some
devaluation In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national curre ...
s of
currency A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general ...
.


Union Bank and Nokia Corporation

As side occupation, he also served in the council of Union Bank, and as chairman of Nokia Corporation (1992–1999), a company which just in those years rose to position of a worldwide developer of
telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...
devices. Ehrnrooth lived in
Helsinki Helsinki ( or ; ; sv, Helsingfors, ) is the capital, primate, and 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 city ...
retired from daily business. He also owned Vanantaka manor, in
Janakkala Janakkala () is a municipality of Finland. Its administrative centre is in Turenki, which is often erroneously shown on maps as being "Janakkala". Janakkala is located along the Highway 3 ( E12) in the province of Southern Finland and is part of ...
,
Tavastia Proper Tavastia or Tavastland may refer to: * Häme (Swedish: ''Tavastland'', Latin: ''Tavastia'') * Tavastia (historical province), a historical province of the kingdom of Sweden, located in modern-day Finland * Tavastia (constituency), formerly Tavas ...
,
Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...
.


Forcit

Casimir Ehrnrooth was Forcit Oy Board of Directors chairman in 2003–2009 and was a member in 2012. According to the Supreme Administration Court claims in the case of stone business in Tuusula the stone business is concentrated in Finland. According to the Competition Authorities in Finland (15.2.2010) Forcit produce and import the majority of explosives in Finland, but several foreign companies are competing. Forcit Oy produce explosives for civil and military use. Explosives are used in mines, rock construction of large buildings, and road and railway construction.


Death

Ehrnrooth died in July 2015 from a sudden cardiac arrest at his home in Mallorca. He was 84 years old.


Family

Casimir Ehrnrooth's father
Göran Ehrnrooth Göran Ehrnrooth (1 April 1905 Helsinki – 9 January 1996 Helsinki) was a Finnish banker in Union Bank (Pohjoismaiden Yhdyspankki, later after several mergers Nordea. Göran Ehrnrooth worked for the Union Bank since 1933. He launched Mandatum. ...
(1905–1996) was a bank manager at Pohjoismaiden Yhdyspankki, and later
Nordea Nordea Bank Abp, commonly referred to as Nordea, is a European financial services group operating in northern Europe and based in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The bank is the result of the successive m ...
after several mergers. His mother Louise von Julin came from a rich family. Ehrnrooth has been married twice. His first wife from 1953 to 1964 was Eva Kristina Katarina Reenpää, daughter of Professor Heikki Reenpää, CEO of publishing firm Otava. His second wife since 1965 was Ann-Mari Horelli, daughter of CEO Ingmar Horelli. His children: *
Henrik Ehrnrooth Henrik Göran Casimir Ehrnrooth (born 7 July 1954 in Helsinki) is a Finnish economist, manager and investor. He has been CEO and President at KONE since April 2014. Previously he served as KONE's CFO between 2009–2014. Prior to his career at KONE, ...
(1954), owner of Lindvik manor in Jakari,
Porvoo Porvoo (; sv, Borgå ; la, Borgoa) is a city and a municipality in the Uusimaa region of Finland, situated on the southern coast about east of the city border of Helsinki and about from the city centre. Porvoo was one of the six medieval to ...
; once President and CEO of Jaakko Pöyry Consulting companies *
Johanna Ehrnrooth Johanna Ehrnrooth (June 23, 1958 – May 26, 2020) was a Finnish painter. References 2020 deaths 1958 births Artists from Helsinki Finnish women painters 20th-century Finnish painters 21st-century Finnish painters {{Finland-bio-st ...
(1958–2020), painter *
Georg Ehrnrooth Georg Johan Casimir Ehrnrooth (born 16 January 1966) is a Finnish investor, the major owner with his brothers of Finnish HEX exchange stock companies EQ Bank, YIT and Pöyry. Family Father Casimir Ehrnrooth (1931–2015) held possessions in ba ...
(1966), owner of Porlammi manor *
Carl-Gustaf Ehrnrooth Carl-Gustaf Casimir Ehrnrooth (born 5 August 1969 in Helsinki) is a Finnish investor. He has been a member of the Guggenheim Foundation's Board of Directors since September 2008. The Guggenheim Foundation was targeting a museum in the city of Hels ...
(1969), Guggenheim Foundation Board of Directors, part-owner of Vanantaka manor, see
Guggenheim Helsinki Plan Guggenheim Helsinki Plan was an initiative to establish a Guggenheim museum in Helsinki, Finland. A proposal was introduced to the Helsinki City Council in 2011. After rejection of the initial plan in 2012, a new plan, introduced in 2013, was cons ...


Career

Posts held include:WSOY iso tiesosanakirja 1995 * Petco Oy, CEO 1958–1962 * Kaukas, manager 1962–1967 * Kaukas, CEO 1967–1985 : Kaukas merged with Kymi-Strömberg in 1986 and changed its name to Kymmene Oy in 1987 * Kymmene Oy, CEO 1987–1991 :
UPM-Kymmene UPM-Kymmene Oyj is a Finnish forest industry company. UPM-Kymmene was formed by the merger of Kymmene Corporation with Repola Oy and its subsidiary United Paper Mills Ltd in 1996. UPM consists of six business areas: UPM Fibres, UPM Energy, UPM ...
was formed by the merger of Kymmene Corporation and Repola Ltd and its subsidiary United Paper Mills Ltd in 1996 * Chairman of ex
Confederation of Finnish Industries The Confederation of Finnish Industries (EK, fi, Elinkeinoelämän Keskusliitto, sv, Finlands Näringsliv) is the largest employers' association in Finland. It was formed at the beginning of 2005 when the two employers' associations ''Palvelutyö ...
1988–1991 Member of the Board of Directors of:Kuka kukin on 2011, (Who is who)
Otava (publisher) Otava Publishing Company Ltd ( fi, Kustannusosakeyhtiö Otava, sv, Förlagsaktiebolaget Otava) is a major Finnish publisher of books. It was founded in 1890 and now is the second largest in Finland. It publishes fiction, non-fiction, books for ...
* Finvest, chairman 1997–2003 * EQ Online, chairman 2000–2001 * Forcit Oy, chairman 2003–2009 *
Cargotec Cargotec Oyj (trading internationally as Cargotec Corporation) is a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution. Cargotec was formed in June 2005 when Kone Corporation was split into two ...
, vice chairman 2005–2009, chairman 2009–


References

{{DEFAULTSORT:Ehrnrooth, Casimir 1931 births 2015 deaths Finnish businesspeople Swedish-speaking Finns Nokia people
Casimir Casimir is classically an English, French and Latin form of the Polish name Kazimierz. Feminine forms are Casimira and Kazimiera. It means "proclaimer (from ''kazać'' to preach) of peace (''mir'')." List of variations *Belarusian: Казі ...