Ernst Dahlström
Ernst Abraham Dahlström Commercial Counsellor | |
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| Born | 26 March 1846 |
| Died | 16 January 1924 (aged 77) Turku, Finland |
| Nationality | Finnish |
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| Board member of |
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| Spouse | Rosina Sofia née Julin |
| Children |
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| Parent(s) | Carl Magnus Dahlström and Sofia Karolina née Kingelin |
| Relatives | Magnus Dahlström (brother) |
| Awards | Commercial Counsellor 1894[1] |
Ernst Abraham Dahlström (26 March 1846 – 16 January 1924) was a Finnish businessman and philanthropist. He was a long-term manager of paper producer Kymin Oy, developed the Finnish insurance sector and shipbuilding. He led trading house C.M. Dahlström together with his brother Magnus Dahlström and made significant donations to their home town Turku.
Career
Dahlström studied in Behm German school in Viipuri and did his internship in Hackman & Co. in the same city. He returned in Turku in 1869 to work as bookkeeper in his father's company, trading house C.M. Dahlström. He got bourgeois rights in the following year.[1]
In 1872 Dahlström took leadership of the trading house, after his father fell ill. The trading house had investments in industry and shipping, and under young Dahlström's leadership the trading house invested increasingly on industrial companies. His younger brother Magnus became a co-manager in 1881, after finishing his studies in Stuttgart. The brothers worked closely to each other and it is difficult to distinguish the originator of each project. Also their spouses were siblings: Ernst was married to 1853-born Rosina Sofia Julin in 1875; Magnus Dahlström married her younger sister Ellen Maria Julin. The father of the Julin sisters was consul John Julin.[1]
In 1873 just 27-year-old Ernst Dahlström became the first manager of paper company Kymin Oy. He led the company until 1904 part of the time in the head office in Turku, partly in Kuusankoski factory. Kymin Oy was the most important investment of the trading house. Dahlström held management positions also in number of other companies, such as Akaa and Vartsala steam sawmills, Aura sugar factory, and Turku engineering and shipbuilding companies Åbo Mekaniska Verkstads, the subsequent Ab Vulcan and also W:m Crichton & C:o. He was a founding member of Åbo Aktiebank in 1896 and member of Bank of Finland discount committee.[1]
In 1905 the brothers founded steam shipping company Transito Ab which focused on timber and coal transportation. At the same time they participated in founding insurance companies Fennia, Verdandi and Sampo, in which they also worked in management positions.[1]
Political career
Dahlström was member of the diet in 1885, 1888, 1891, 1897, 1899 and 1904–1905. He was city councillor in 1875–1894.[1]
Philanthropy
The brothers were theatre and art patrons and in the 1890s they started donating significant sums to their home city, Turku. In 1895 the brothers donated 150 000 marks for art museum building. The granite-made Turku Art Museum planned by Gustaf Nyström was built on Puolalanmäki and inaugurated in April 1904. In 1912 the brothers saved the Swedish-speaking theatre from financial trouble; the theatre was renamed Åbo Svenska Teater in 1919. Donations by Dahlström brothers had an important role in 1919 at founding Åbo Akademi, the Swedish speaking university of Turku.[1]
While the art museum and university were the most significant donations, the brothers also supported individual students and public health work. Their actions also inspired other donors.[1]
Family
Ernst and Rosina Dahlström had two sons and daughter: Carl-Johan Dahlström (1876–1935), Greta Dahlström (1877–1902) and Erik Abraham Dahlström (1879–1943).[1]