Antti Herlin is the chairman of the Finnish KONE Corporation. He is the son of Pekka Herlin, former chairman of KONE and he is the former chairman of the Confederation of Finnish Industries. Herlin owns a farm in Kirkkonummi where he raises Hereford and Aberdeen Angus beef cattle, Herlin is the richest person in Finland – as of March 2014 Forbes reported his net worth as $3.3 billion, naming him the 483rd richest person in the world. Herlin started his own investigation into who is responsible for the case becoming public in the media in 2005, the authorities accused by him could not be proved to have given any information. In 2005 the Herlin family made significant investments in the construction companies YIT, Herlin received agricultural support from the state of €275,792 in 2012. State total support was €2.1 billion
Planmeca, established in 1971, is a Finnish manufacturer of high-tech dental team, 3D digital imaging devices and software. Planmeca’s product lines are organised in dental care units dental X-ray units digital imaging, Planmeca offers integrated product concepts consisting of a dental unit, digital imaging equipment and software. Planmeca works in close co-operation with dental universities and institutions, Planmeca’s products are designed and manufactured in Helsinki and distributed worldwide via a network of dealers operating around the world. More than 98% of Planmeca’s production is exported to over 100 countries, Planmeca was founded by Heikki Kyöstilä in 1971. Kyöstilä is the president and owner of Planmeca, in the 1970s, Planmeca manufactured dental stools and instrument cabinets, and created its first patient chair and dental unit. The 1980s was a decade of expansion and subsidiaries were established abroad. Planmeca introduced a dental chair, panoramic X-ray device and dental unit.
In the 1990s, Planmeca introduced a unit with an integrated patient chair. The decade was an era of digital progress – Planmeca introduced an integrated technology system for a digital dental practice. The concept allowed instant access to all digital clinical patient information at chair side via one software, Planmeca introduced a new SCARA technology in its X-ray units, which enabled free formation of imaging geometry. In the 2010s, the concept of Digital perfection was launched, the combination of a digital intraoral scan, a 3D X-ray and a 3D facial photo provides comprehensive information on the patient’s anatomy. Cooperative work between Planmeca and universities in product and software development is widespread, Planmeca offers solutions designed especially for teaching environments. Planmeca has supplied dental units and X-ray units to universities and hospitals around the world, Planmeca Oy is the parent company of Planmeca Group. The Group operates in the field of care and consists of six companies.
The Group employs approximately 2,650 people worldwide and the turnover for 2014 amounts to MEUR800. The headquarters is located in Helsinki, Finland, a manufacturer of dental practice cabinetry solutions
Finland, officially the Republic of Finland, is a sovereign state in Northern Europe. A peninsula with the Gulf of Finland to the south and the Gulf of Bothnia to the west, the country has borders with Sweden to the northwest, Norway to the north. Estonia is south of the country across the Gulf of Finland, Finland is a Nordic country situated in the geographical region of Fennoscandia, which includes Scandinavia. Finlands population is 5.5 million, and the majority of the population is concentrated in the southern region,88. 7% of the population is Finnish people who speak Finnish, a Uralic language unrelated to the Scandinavian languages, the second major group are the Finland-Swedes. In terms of area, it is the eighth largest country in Europe, Finland is a parliamentary republic with a central government based in the capital Helsinki, local governments in 311 municipalities, and an autonomous region, the Åland Islands. Over 1.4 million people live in the Greater Helsinki metropolitan area, from the late 12th century, Finland was an integral part of Sweden, a legacy reflected in the prevalence of the Swedish language and its official status.
In the spirit of the notion of Adolf Ivar Arwidsson, we are not Swedes, we do not want to become Russians, let us therefore be Finns, nevertheless, in 1809, Finland was incorporated into the Russian Empire as the autonomous Grand Duchy of Finland. In 1906, Finland became the nation in the world to give the right to vote to all adult citizens. Following the 1917 Russian Revolution, Finland declared itself independent, in 1918, the fledgling state was divided by civil war, with the Bolshevik-leaning Reds supported by the equally new Soviet Russia, fighting the Whites, supported by the German Empire. After a brief attempt to establish a kingdom, the became a republic. During World War II, the Soviet Union sought repeatedly to occupy Finland, with Finland losing parts of Karelia and Kuusamo, Petsamo and some islands, Finland joined the United Nations in 1955 and established an official policy of neutrality. The Finno-Soviet Treaty of 1948 gave the Soviet Union some leverage in Finnish domestic politics during the Cold War era, Finland was a relative latecomer to industrialization, remaining a largely agrarian country until the 1950s.
It rapidly developed an advanced economy while building an extensive Nordic-style welfare state, resulting in widespread prosperity, Finnish GDP growth has been negative in 2012–2014, with a preceding nadir of −8% in 2009. Finland is a top performer in numerous metrics of national performance, including education, economic competitiveness, civil liberties, quality of life, a large majority of Finns are members of the Evangelical Lutheran Church, though freedom of religion is guaranteed under the Finnish Constitution. The first known appearance of the name Finland is thought to be on three rune-stones. Two were found in the Swedish province of Uppland and have the inscription finlonti, the third was found in Gotland, in the Baltic Sea. It has the inscription finlandi and dates from the 13th century, the name can be assumed to be related to the tribe name Finns, which is mentioned first known time AD98. The name Suomi has uncertain origins, but a candidate for a source is the Proto-Baltic word *źemē, in addition to the close relatives of Finnish, this name is used in the Baltic languages Latvian and Lithuanian
KONE Oyj, founded in 1910 and headquartered in Helsinki, Finland, is an international engineering and service company employing some 49,000 personnel worldwide. The firm is the 4th largest manufacturers of elevators and escalators worldwide, in addition, KONE builds and services automatic doors and gates. The company provides service for builders, building owners, designers. Since 1924, KONE has been owned by one of Finlands wealthiest families, after Harald Herlin purchased the company in 1924, he served as its Chairman until 1941. Afterwards, his son, Heikki H. Herlin, took over his fathers post from 1941–1987, control of the company was handed down to his son, Pekka Herlin, which he retained from 1987–2003. The current Chairman of KONEs Board of Directors from 2003 onwards is Antti Herlin, in the Finnish language Kone means machine or device. KONE was founded in 1910 as a subsidiary of Gottfr, strömbergs license to import Graham Brothers elevators was transferred to the new company. KONE sold just a few units before terminating the agreement in 1917.
KONE, a company with only 50 employees, started to make, six years later, in 1924, entrepreneur Harald Herlin bought KONE from Strömberg and became the new chairman of the companys Board of Directors. His son, Heikki H. Herlin, joined the company and was appointed director in 1928. His office was located in a margarine factory on Haapaniemi Street in Helsinki that KONE had bought. Heikki H. Herlin took over as KONEs president in 1932, KONEs first foreign subsidiary - AB Kone Hissar of Sweden - was established in 1957. After World War II, KONE was called upon by the Finnish government to contribute elevators, electric hoists and this program forced KONE to expand its capacity, rationalize production processes and learn to meet demanding manufacturing schedules. In the 1950s KONE introduced its first group controls, automatic doors, Heikki H. Herlin turned over the presidents duties in 1964 to his son, who had served as administrative director since 1958. KONE opened a purpose-built elevator factory in 1966 in Hyvinkää, the following year KONE was listed on the Helsinki Exchanges and started its international expansion through the acquisition of Swedens Asea-Graham and its Norwegian and Danish affiliates.
Numerous acquisitions followed during the 1970s and 1980s with only the most significant being listed here, the acquisitions of companies larger and older than KONE itself has been seen to have brought KONE respectability and lifted the company to a position of market prominence. Eventually KONE further expanded its business scope, the company became one of the worlds largest hoist and crane manufacturers as well as a producer of high-tech electronic hospital and laboratory equipment. In 1981 KONE entered the American elevator market with the acquisition of New York City based Armor Elevator Company, the company acquired Navire Cargo Gear in 1982 and International MacGregor, makers of shipboard cargo access equipment
United States dollar
The United States dollar is the official currency of the United States and its insular territories per the United States Constitution. It is divided into 100 smaller cent units, the circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars. The U. S. dollar was originally commodity money of silver as enacted by the Coinage Act of 1792 which determined the dollar to be 371 4/16 grain pure or 416 grain standard silver, the currency most used in international transactions, it is the worlds primary reserve currency. Several countries use it as their currency, and in many others it is the de facto currency. Besides the United States, it is used as the sole currency in two British Overseas Territories in the Caribbean, the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while the country mints its own coins, or accepts U. S. coins that can be used as payment in U. S. dollars. After Nixon shock of 1971, USD became fiat currency, Article I, Section 8 of the U. S.
Constitution provides that the Congress has the power To coin money, laws implementing this power are currently codified at 31 U. S. C. Section 5112 prescribes the forms in which the United States dollars should be issued and these coins are both designated in Section 5112 as legal tender in payment of debts. The Sacagawea dollar is one example of the copper alloy dollar, the pure silver dollar is known as the American Silver Eagle. Section 5112 provides for the minting and issuance of other coins and these other coins are more fully described in Coins of the United States dollar. The Constitution provides that a regular Statement and Account of the Receipts and that provision of the Constitution is made specific by Section 331 of Title 31 of the United States Code. The sums of money reported in the Statements are currently being expressed in U. S. dollars, the U. S. dollar may therefore be described as the unit of account of the United States. The word dollar is one of the words in the first paragraph of Section 9 of Article I of the Constitution, dollars is a reference to the Spanish milled dollar, a coin that had a monetary value of 8 Spanish units of currency, or reales.
In 1792 the U. S. Congress passed a Coinage Act, Section 20 of the act provided, That the money of account of the United States shall be expressed in dollars, or units. And that all accounts in the offices and all proceedings in the courts of the United States shall be kept and had in conformity to this regulation. In other words, this act designated the United States dollar as the unit of currency of the United States, unlike the Spanish milled dollar the U. S. dollar is based upon a decimal system of values. Both one-dollar coins and notes are produced today, although the form is significantly more common
Forbes is an American business magazine. Published bi-weekly, it features articles on finance, investing. Forbes reports on related subjects such as technology, science and its headquarters is located in Jersey City, New Jersey. Primary competitors in the business magazine category include Fortune and Bloomberg Businessweek. The magazine is known for its lists and rankings, including its lists of the richest Americans. Another well-known list by the magazine is The Worlds Billionaires list, the motto of Forbes magazine is The Capitalist Tool. Its chairman and editor-in-chief is Steve Forbes, and its CEO is Mike Perlis, Forbes, a financial columnist for the Hearst papers, and his partner Walter Drey, the general manager of the Magazine of Wall Street, founded Forbes magazine on September 15,1917. Forbes provided the money and the name and Drey provided the publishing expertise, the original name of the magazine was Forbes, Devoted to Doers and Doings. Drey became vice-president of the B. C. Forbes Publishing Company, while B. C.
Forbes became editor-in-chief, B. C. Forbes was assisted in his years by his two eldest sons, Bruce Charles Forbes and Malcolm Stevenson Forbes. Bruce Forbes took over on his fathers death, and his strengths lay in streamlining operations, during his tenure, 1954–1964, the magazines circulation nearly doubled. On Malcolms death, his eldest son Malcolm Stevenson Steve Forbes Jr. became President and Chief Executive of Forbes, between 1961 and 1999 the magazine was edited by James Michaels. In 1993, under Michaels, Forbes was a finalist for the National Magazine Award. com, a 2009 New York Times report said,40 percent of the enterprise was sold. For a reported $300 million, setting the value of the enterprise at $750 million, according to Mark M. Edmiston of AdMedia Partners, Its probably not worth half of that now. The companys headquarters moved to the Newport section of downtown Jersey City. In November 2013, Forbes Media, which publishes Forbes magazine, was put up for sale and this was encouraged by Elevation Partners, of whom were minority shareholders.
Sales documents prepared by Deutsche Bank revealed that the publishers 2012 EBITDA was $15 million, Forbes reportedly sought a price of $400 million. In July 2014, Forbes sold a majority of itself to Integrated Whale Media Investments, Steve Forbes and his magazines writers offer investment advice on the weekly Fox TV show Forbes on Fox and on Forbes On Radio. Other company groups include Forbes Conference Group, Forbes Investment Advisory Group, from the 2009 Times report, Steve Forbes recently returned from opening up a Forbes magazine in India, bringing the number of foreign editions to 10