The History Of Nokia

Today, Nokia are the biggest mobile phone manufacturer in the world.

But back when the Nokia Company was founded, all they made was paper. The company was formed in Finland in 1871 when paper mill owner and engineer Fredrik Idestam went into partnership with his friend Leo Mechelin and called the new enterprise the Nokia Company, after the town of Nokia, where one of their paper mills was situated.

In 1902, they added electricity generation to their list of business activities, which was soon to overtake paper production as the most profitable part of the business. The first world war crippled the Nokia finances, and the firm had to be rescued by a firm known as Finnish Rubber Works, who produced galoshes and other rubber products. Read More