Helsingfors Skeppsdocka
Helsingfors Skeppsdockas Aktiebolag was a shipbuilding company that operated out of Hietalahti shipyard in Helsinki, Grand Duchy of Finland, between 1865 and 1894.
Native name | Swedish: Helsingfors Skeppsdockas Aktiebolag Finnish: Helsingin Laivatelakka Osakeyhtiö |
|---|---|
| Company type | Osakeyhtiö |
| Industry | Shipbuilding |
| Founded | 4 March 1865 in Helsinki, Grand Duchy of Finland |
| Founder | Adolf Törngren |
| Defunct | 17 December 1894 |
| Fate | Bankruptcy |
| Successor | AB Sandvikens Skeppsdocka och Mekaniska Verkstad |
| Headquarters | Hietalahti, Helsinki , Grand Duchy of Finland |
| Owners |
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The company was founded in 1865 by industrialist Adolf Törngren, who fell under financial difficulties during construction work. The ownership was transferred to Tampere Linen and Iron Industry, which had to complete the investments totalling over one million Finnish marks. The company built an over 90 metres long dry dock and a number of workshops. The dock was used for repairs and newbuilding projects, and the workshops produced various machinery parts and consumer products.
Until the turn of 1880s Helsingfors Skeppsdocka had not reached a satisfactory level of profitability, and the parent company decided to sell it despite of significant loss. The new owner, Oskar Eklund, started an investment programme constructing new workshops and enlarging the premises. The company enlarged its portfolio to railway wagons. Despite of a fairly good order intake, Helsingfors Skeppsdocka fell into bankruptcy in 1894 due to difficulties in funding arrangements.
A year after a new company, Hietalahti Shipyard and Engineering Works was established to continue operations in the premises.