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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 Icelandic króna, 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 Philip Axel Jensen, Thor Jensen of Reykjavík, along with Danish investors. The company established two docks for seagoing ships in Viðey; a fish-processing factory which was linked to the docks by rail; and stores for coal and salt. References 1907 establishments in Iceland Thors family {{Europe-hist-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, including his son Ólafur Thors, who served six times as prime minister of Iceland. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |