Casimir Ehrnrooth
Encyclopedia
Casimir "Casse" Ehrnrooth, titled Vuorineuvos
[sv: Bergsråd] (born 6 April 1931), is Finnish magnate, former chairman of Nokia Corporation
, although his serious career began in forest industry, and later he directed UPM-Kymmene and Merita-Nordbanken
.
Born as the eldest son of the President of Nordic Union Bank, one of the then two biggest banks in Finland, Casimir Ehrnrooth inherited substantial holdings in important companies both from his maternal forefathers, founders of Fiskars
and Kaukas industries, and from his paternal family which held possessions in banking. His ancestry roots up to four generations. There have been notable military men in his earlier family tree. A portion of his genes come from thrifty Scottish
and industrialist Dutch
forefathers. He obtained the degree in law from Helsinki University.
Casimir Ehrnrooth succeeded his maternal relatives as President and CEO of Kaukas paper factory, in small town of Lauritsala (annexed to Lappeenranta
in 1967), Southern Karelia in 1962; and he served there for long.
In 1985, he arranged the merger between Kymi-Strömberg industrial corporation and his Kaukas, becoming President and Chairman of the new conglomerate
, Kymmene Corporation, in which position he served until retirement. As such, Casimir Ehrnrooth was in late 1980s and early 1990s the top businessman and decision-maker of Finnish forest industry, a branch most important to overall Finnish economy. His influence was felt in several governmental policies of Finland, such as some devaluation
s of currency
.
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 devices.
Ehrnrooth currently lives in Helsinki
retired from daily business. He also owns Vanantaka manor, in Janakkala
, South Tavastia
, Finland
.
His children are:
Vuorineuvos
Vuorineuvos is a Finnish honorary title granted by the President of Finland to leading industry figures. The title is honorary and has no responsibilities and no privileges. All Finnish titles are non-hereditary. The only title of equal rank is valtioneuvos.There is no official or established...
[sv: Bergsråd] (born 6 April 1931), is Finnish magnate, former chairman of Nokia Corporation
Nokia
Nokia Corporation is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki...
, although his serious career began in forest industry, and later he directed UPM-Kymmene and Merita-Nordbanken
Nordea
Nordea Bank AB is a Stockholm-based financial services group operating in Northern Europe. The bank is the result of the successive mergers and acquisitions of the Swedish, Finnish, Danish and Norwegian banks of Nordbanken, Merita Bank, Unibank and Kreditkassen that took place between 1997 and 2000...
.
Born as the eldest son of the President of Nordic Union Bank, one of the then two biggest banks in Finland, Casimir Ehrnrooth inherited substantial holdings in important companies both from his maternal forefathers, founders of Fiskars
Fiskars
The Fiskars Corporation is a metal and consumer brands company founded in 1649 at Fiskars Bruk , a locality now in the town of Raseborg, Finland, about 100 km west of Helsinki on the old main road from Turku to Vyborg...
and Kaukas industries, and from his paternal family which held possessions in banking. His ancestry roots up to four generations. There have been notable military men in his earlier family tree. A portion of his genes come from thrifty Scottish
Scottish people
The Scottish people , or Scots, are a nation and ethnic group native to Scotland. Historically they emerged from an amalgamation of the Picts and Gaels, incorporating neighbouring Britons to the south as well as invading Germanic peoples such as the Anglo-Saxons and the Norse.In modern use,...
and industrialist Dutch
Netherlands
The Netherlands is a constituent country of the Kingdom of the Netherlands, located mainly in North-West Europe and with several islands in the Caribbean. Mainland Netherlands borders the North Sea to the north and west, Belgium to the south, and Germany to the east, and shares maritime borders...
forefathers. He obtained the degree in law from Helsinki University.
Casimir Ehrnrooth succeeded his maternal relatives as President and CEO of Kaukas paper factory, in small town of Lauritsala (annexed to Lappeenranta
Lappeenranta
Lappeenranta is a city and municipality that resides on the shore of the lake Saimaa in South-Eastern Finland, about from the Russian border. It belongs to the region of South Karelia. With approximately inhabitants Lappeenranta is the largest city in Finland...
in 1967), Southern Karelia in 1962; and he served there for long.
In 1985, he arranged the merger between Kymi-Strömberg industrial corporation and his Kaukas, becoming President and Chairman of the new conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
, Kymmene Corporation, in which position he served until retirement. As such, Casimir Ehrnrooth was in late 1980s and early 1990s the top businessman and decision-maker of Finnish forest industry, a branch most important to overall Finnish economy. His influence was felt in several governmental policies of Finland, such as some devaluation
Devaluation
Devaluation is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can be exchanged....
s of currency
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...
.
As side occupation, he also served in the council of Union Bank, and as chairman of Nokia Corporation
Nokia
Nokia Corporation is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki...
(1992–1999), a company which just in those years rose to position of a worldwide developer of telecommunications devices.
Ehrnrooth currently lives in Helsinki
Helsinki
Helsinki is the capital and largest city in Finland. It is in the region of Uusimaa, located in southern Finland, on the shore of the Gulf of Finland, an arm of the Baltic Sea. The population of the city of Helsinki is , making it by far the most populous municipality in Finland. Helsinki is...
retired from daily business. He also owns Vanantaka manor, in Janakkala
Janakkala
Janakkala is a municipality of Finland. Its administrative centre is in Turenki, which is nowadays often erroneously shown on maps as being "Janakkala"....
, South Tavastia
Tavastia
Tavastia may refer to:* Tavastia , a historical province of the kingdom of Sweden, located in modern-day Finland* Tavastia Proper, a modern region of Finland* Päijänne Tavastia, another region of Finland...
, Finland
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
.
His children are:
- Henrik Ehrnrooth, owner of Lindvik manor in Jakari, PorvooPorvooPorvoo is a city and a municipality situated on the southern coast of Finland approximately east of Helsinki. Porvoo is one of the six medieval towns in Finland, first mentioned as a city in texts from 14th century...
; once President and CEO of Jaakko Pöyry Consulting companies - Johanna Ehrnrooth, graphic artist
- Georg Ehrnrooth, owner of Porlammi manor
- Carl-Gustav Ehrnrooth, part-owner of Vanantaka manor