Nokia 2.4 release date1/12/2024 ![]() Main article: Eduard Polón Portrait of Eduard Polón by Eero Järnefelt.Įduard Polón (1866 – 1960), was a Finnish business leader. In 1902, Nokia commenced electricity generation. During this time, Mechelin persuaded shareholders to allow the company to enter the electricity business. In 1896, Idestam retired and Mechelin became the company's chairman. In the late 1800s, Mechelin wanted to expand the company into the electricity business. In 1871, Idestam and Leo Mechelin, a statesman and Idestam's friend, transformed Idestam's enterprises into a public limited company called Nokia Ab. The river had better hydropower resources than those at Tampere. Nokia lies 15 kilometres (9.3 mi) west of Tampere, by the Nokianvirta river. In 1868, Idestam built a second mill near the town of Nokia. Tampere was then part of the Russian Empire. In 1865, the mining engineer, Fredrik Idestam established a ground wood pulp mill on the banks of the Tammerkoski rapids in the town of Tampere, in southwestern Finland. The commercial entities that preceded the modern-day Nokia company included Nokia Ab (Nokia company) Suomen Gummitehdas Oy (Finnish Rubber Works Ltd) and Suomen Kaapelitehdas Oy (Finnish Cable Works Ltd). The name "Nokia" is derived from the town Nokia and the Nokianvirta River which was aside the factory.
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