Nils Astrup Hoel (3 February 1899 – 30 January 1986) was a Norwegian businessperson. He was born in

Bergen Bergen (, ) is a city and municipalities of Norway, municipality in Vestland county on the Western Norway, west coast of Norway. Bergen is the list of towns and cities in Norway, second-largest city in Norway after the capital Oslo. By May 20 ...

as a son of Ole Andor Hoel (1867–1941) and Ingeborg Astrup (1864–1950). In 1931 he married Astrid Johanna Arnesen. He finished his secondary education in 1916, took the basic officer's course at the

Norwegian Military Academy The Norwegian Military Academy (), in Oslo, educates officers of the Norwegian Army and serves as the King's Royal Guard. The academy was established in 1750, and is the oldest institution for higher education in Norway. History The Commander- ...

in 1917 before graduating from the

Royal Frederick University The University of Oslo (; ) is a public research university located in Oslo, Norway. It is the oldest university in Norway. Originally named the Royal Frederick University, the university was established in 1811 as the de facto Norwegian conti ...

with a cand.oecon. degree in 1920. He also attended Bergen Handelsgymnasium for one year, worked in Centralbanken for Norge and Freia Chocolade Fabrik between 1921 and 1924 before taking the

cand.jur. Candidate ( or ) is the name of various academic degrees, which are today mainly awarded in Scandinavia. The degree title was phased out in much of Europe through the 1999 Bologna Process, which has re-formatted academic degrees in Europe. The de ...

degree in 1926. From 1927 to 1928 he worked as a secretary in the

Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfoli ...

. He was hired in

Hafslund Hafslund is a borough located east of the city centre in the city of Sarpsborg, Norway, Before 1992, Hafslund was a part of Skjeberg municipality. The name Hafslund derives from ''Hafr'', the Old Norse name for husband, and ''lundr'', meaning gr ...

as a board secretary in 1928, was promoted to manager in 1933 (also manager of Glommens Træsliberi and Vamma Fossekompagnie) and chief executive officer from 1936 to 1965. During Astrup Hoel's time in Hafslund, the employment rose from about 500 to 750, the delivery of

kilowatt hour A kilowatt-hour ( unit symbol: kW⋅h or kW h; commonly written as kWh) is a non-SI unit of energy equal to 3.6 megajoules (MJ) in SI units, which is the energy delivered by one kilowatt of power for one hour. Kilowatt-hours are a commo ...

had risen from about 800 000 000 to 3 000 000 000, and the income was seven times higher. Hoel was succeeded by former vice chief executive

Fredrik Stang Heffermehl Fredrik Stang Heffermehl (22 March 1913 – 27 February 1993) was a Norwegian jurist and businessperson. He was born in Kristiania as a son of consul Fredrik Stang Heffermehl, Sr. (1870–1937) and Ida Henriksen (1876–1955). He finished his se ...

. Hoel was also a board member in the company from 1947 to 1970, and deputy chair of Glommens og Laagens Brukseierforening from 1946 to 1966. He was the deputy chair of ''Landsforeningen for Elektrokjemisk og Elektrometallurgisk industri'' from 1956 to 1962, a supervisory council member of Forsikringsaktieselskabet Norden, Christiania Bank og Kreditkasse, Norsk Sprængstofindustri, Nasjonal Pappemballasje-Industri and Noratom, and a deputy council member of

Norges Eksportråd The Norwegian Export Council () was a Norwegian state-owned consultant organ established in 1945. Its role was to provide consultancy and advice for the Ministry of Foreign Affairs in export-related matters. Until 1994 the council was financed by a ...

from 1953 to 1965. He was decorated as a Knight, First Class of the

Order of St. Olav The Royal Norwegian Order of Saint Olav (; or ''Sanct Olafs Orden'', the old Norwegian name) is a Norwegian order of chivalry instituted by King Oscar I on 21 August 1847. It is named after King Olav II, known to posterity as St. Olav. Just be ...

in 1955. He died in January 1986.Genealogical entry
for Nils Astrup Hoel

References

{{DEFAULTSORT:Hoel, Nils Astrup 1899 births 1986 deaths Businesspeople from Bergen Norwegian Military Academy alumni University of Oslo alumni 20th-century Norwegian businesspeople