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Neste
Neste Oyj (international name: Neste Corporation; former names Neste Oil Corporation and Fortum Oil and Gas Oy; ) is an oil refining and marketing company located in Espoo, Finland. It produces, refines and markets oil products, provides engineering services, and licenses production technologies. Neste has operations in 14 countries. Neste shares are listed on the Nasdaq Helsinki. As of 2022, the Prime Minister's Office of Finland is the largest shareholder in the company, owning 35.91% of shares. In 2021, Neste was the third largest company in Finland in terms of revenue. The name "Neste" means "liquid" in Finnish. History 1948–1997 (Neste) Neste was founded in 1948 as the State petrol company of Finland with the purpose to ensure the availability of refined fuels in Finland. The company's headquarters was established in Espoo. In 1955, Uolevi Raade became the company's CEO. In 1957, the first oil refinery in Finland was built at Naantali using US technology ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jaakko Ihamuotila
Jaakko Ihamuotila (15 November 1939 – 13 October 2023) was a Finnish business executive known for his senior roles in some of Finland's largest corporations, including as the CEO of Valmet and long-serving President and Chairman of Neste. He has been described as one of the most influential business leaders of his time in Finland. Early life and education Jaakko Ihamuotila was born as the second of four children to Veikko Ihamuotila, an agriculture sector influencer and ex- Minister of Agriculture and Forestry, and his wife Anna-Liisa. Ihamuotila studied engineering at the Helsinki University of Technology, graduating in 1964 with a '' Diplomi-insinööri'' (MSc in Technology) degree in physics. He has said he was inspired already as a teenager to go into technology, by the opening of the world's first full-scale nuclear power plant for electricity generation, Calder Hall (now part of Sellafield), in the UK in 1956. Career Ihamuotila's early career included research and eng ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uolevi Raade
Tauno Uolevi Raade (5 July 1912 – 13 May 1998) was a Finnish industrialist and a long-time managing director of Neste (now ''Neste Oil''), the Finnish national oil refining company. Raade was born in Turku, and received university degrees from Helsinki University of Technology (TKK) and Åbo Akademi. At TKK, he was one of the founders of the student flying club. During the Second World War he initially served as a fighter pilot, but was soon transferred into the industry. In 1945, he was appointed the director of Ministry of Trade and Industry, where he planned the payment of war reparations stipulated by the Soviet Union. Already in this role he was involved in the founding of the Finnish oil industry. In 1955, he was appointed managing director of Neste. The first oil refinery at Naantali was brought on stream a couple of years after this. Raade and his friend, Prime Minister and from 1956 President of the Republic Urho Kekkonen were responsible for promoting the proje ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kesko
Kesko Corporation (, ) is a Finnish retailing conglomerate with its head office in Kalasatama, Helsinki. It is engaged in the grocery trade, building and technical trade, and car trade. It also has operations in Sweden, Norway, Denmark, Estonia, Latvia, Lithuania, and Poland. History Kesko was formed when four regional wholesaling companies that had been founded by retailers were merged in October 1940. The new Kesko company started operating at the beginning of 1941. The need to purchase goods for the shareholder-retailers and to support their business operations and start cooperation among them resulted in the forming of the K-retailer group. By the end of the 1940s, Kesko's sales amounted to about 15 billion old Finnish markkas (equivalent to EUR 580 million in 2010), which was about 12% of the overall sales of the central companies operating in the Finnish trading sector. Divisions Grocery trade Kesko's grocery trade division is a key operator in the Finnish grocer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Espoo
Espoo (, ; ) is a city in Finland. It is located to the west of the capital, Helsinki, in southern Uusimaa. The population is approximately . It is the most populous Municipalities of Finland, municipality in Finland. Espoo is part of the Helsinki Metropolitan Area, which has approximately million inhabitants. Espoo is on the northern shore of the Gulf of Finland and borders Helsinki, Vantaa, Kirkkonummi, Vihti and Nurmijärvi. The city includes the Enclave and exclave, enclave of Kauniainen. Espoo covers an area of . Espoo is a bilingual municipality with Finnish language, Finnish and Swedish language, Swedish as its official languages. The population consists of Finnish speakers, Swedish speakers, and speakers of other languages, well above the national average. Espoo was settled in the Prehistory, Prehistoric Era, with evidence of human settlements dating back 8,000 years. However, the population disappeared during the early Iron Age. During the Middle Ages, Early Mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kai Hietarinta
Kai Harri Hietarinta (; born 25 November 1932) is a Finnish businessman and ice hockey executive. His lengthy career in the petroleum industry as executive vice president of Neste involved him in Finland's international trade policy, and importing Soviet oil to reduce the trade surplus. Becoming the Finnish Ice Hockey Association president to resolve disputes, he used business connections to gain an advantage in international ice hockey. During his presidency, Finland increased its number of indoor ice rinks as hockey grew in popularity, and won its first international medals in men's, women's and junior hockey. He was also a Finnish Olympic Committee and International Ice Hockey Federation member, and was inducted into both the Finnish Hockey Hall of Fame and the IIHF Hall of Fame. Early life and education Kai Harri Hietarinta was born on 25 November 1932, in Helsinki, Finland. He graduated from the Hanken School of Economics in 1950, then attended Helsinki University of Techn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Porvoo
Porvoo (; ; ) is a city in Finland. It is located on the south coast of the country, on the Gulf of Finland. Porvoo lies in the eastern part of the Uusimaa region. The population of Porvoo is approximately , while the Porvoo sub-region, sub-region has a population of approximately . It is the most populous Municipalities of Finland, municipality in Finland, and the 15th most populous List of urban areas in Finland by population, urban area in the country. Porvoo is located on the southern coast of Finland, approximately east of the city border of Helsinki and about from the city centre. Porvoo was one of the six Middle Ages, medieval towns of Finland, along with Turku, Ulvila, Rauma, Finland, Rauma, Naantali and Vyborg, and is first mentioned as a city in texts from the 14th century. Porvoo is the seat of the Swedish-speaking Diocese of Borgå of the Evangelical Lutheran Church of Finland. Porvoo briefly served as the capital of the former Eastern Uusimaa region. Porvoo Old ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Refinery
An oil refinery or petroleum refinery is an industrial processes, industrial process Factory, plant where petroleum (crude oil) is transformed and refining, refined into products such as gasoline (petrol), diesel fuel, Bitumen, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemical feedstock like ethylene and propene, propylene can also be produced directly by Cracking (chemistry), cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keilaniemi
Keilaniemi (; ; ) is a district in the south-eastern part of Espoo, Finland. Geography Keilaniemi is bordered by the university district of Otaniemi to the north, the commercial/residential district of Tapiola to the west, the Keilalahti bay separating Espoo and Helsinki to the east, and the Gulf of Finland to the south. The distance from Keilaniemi to the centre of Helsinki along the Länsiväylä highway is about 8 km. There are numerous islands and islets in Keilaniemi, including Fröknarna and Leppäluoto. Offices Keilaniemi is a Tower block, high-rise business district mostly known for the numerous head offices of large corporations located there. The district includes the head offices of Tieto (in land Tieto Keilalahti Campus, formerly occupied by Nokia), Microsoft Finland, Kone, Fortum, Neste Oil, Valmet, and many smaller corporations such as Rovio Entertainment. The large office buildings serve as landmarks in the area. Keilaniemi rose to the position of a corporat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naantali
Naantali (; ) is a municipalities of Finland, town in Southwest Finland, and, as a resort town during the summer, an important centre of tourism in the country. The municipality has a population of (), and is located west of Turku. The town has a land area of . Most of this area is located on the islands, but the majority of the population lives on the mainland. Most of the islands are covered with forest and farmland, while the mainland consists chiefly of residential areas. History One of the oldest towns in Finland, Naantali was founded around the medieval Brigittine convent ''Nådendal Abbey, Vallis gratiae'' (or Nådendal Abbey), the church of which still dominates its skyline. The charter was signed by King Christopher of Bavaria, the then ruler of Finland, in 1443. The convent got trading rights and other privileges, and the town around it began to grow. It also became an important destination for pilgrimage. In the 16th century, as Catholicism reformation in Sweden, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finland
Finland, officially the Republic of Finland, is a Nordic country in Northern Europe. It borders Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bothnia to the west and the Gulf of Finland to the south, opposite Estonia. Finland has a population of 5.6 million. Its capital and largest city is Helsinki. The majority of the population are Finns, ethnic Finns. The official languages are Finnish language, Finnish and Swedish language, Swedish; 84.1 percent of the population speak the first as their mother tongue and 5.1 percent the latter. Finland's climate varies from humid continental climate, humid continental in the south to boreal climate, boreal in the north. The land cover is predominantly boreal forest biome, with List of lakes of Finland, more than 180,000 recorded lakes. Finland was first settled around 9000 BC after the Last Glacial Period, last Ice Age. During the Stone Age, various cultures emerged, distinguished by differen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Trade Of The Soviet Union
Soviet foreign trade played only a minor role in the Soviet economy. In 1985, for example, exports and imports each accounted for only 4 percent of the Soviet gross national product. The Soviet Union maintained this low level because it could draw upon a large energy and raw material base, and because it historically had pursued a policy of self-sufficiency. Other foreign economic activity included economic aid programs, which primarily benefited the less developed Council for Mutual Economic Assistance (COMECON) countries of Cuba, Mongolia, and Vietnam.Text used in this cited section originally came fromSoviet Union Country Studyfrom the Library of Congress Country Studies project. The Soviet Union conducted the bulk of its foreign economic activities with communist countries, particularly those of Eastern Europe. In 1988, Soviet trade with socialist countries amounted to 62 percent of total Soviet foreign trade. Between 1965 and 1988, trade with the Third World made up a steady ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1970s Energy Crisis
The 1970s energy crisis occurred when the Western world, particularly the United States, Canada, Western Europe, Australia, and New Zealand, faced substantial petroleum shortages as well as elevated prices. The two worst crises of this period were the 1973 oil crisis and the 1979 energy crisis, when, respectively, the Yom Kippur War and the Iranian Revolution triggered interruptions in Middle Eastern oil exports. The crisis began to unfold as petroleum production in the United States and some other parts of the world peaked in the late 1960s and early 1970s. World oil production per capita began a long-term decline after 1979. The oil crises prompted the first shift towards energy-saving (in particular, fossil fuel-saving) technologies. The major industrial centers of the world were forced to contend with escalating issues related to petroleum supply. Western countries relied on the resources of countries in the Middle East and other parts of the world. The crisis led to stagnan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
