Otto Malm (businessman)

Otto Malm (born October 3, 1878, died July 29, 1960) was a Finnish businessman and shipowner. He was a significant figure in the development of the Finnish merchant fleet and forestry industries in the early to mid-20th century.

Malm was born into a shipping family in Jakobstad (Pietarsaari), Finland. He inherited and expanded his family's shipping business, focusing on both sail and steam-powered vessels. His company, Otto Malm & Co., was a major player in the timber export trade, transporting lumber from Finland to various European markets. He modernized his fleet and embraced new technologies within the shipping industry.

Beyond shipping, Malm invested in forestry and related industries. He understood the importance of sustainable forestry practices and implemented measures to manage timber resources responsibly. His companies were involved in sawmilling and pulp production, contributing to the growth of Finland's forest industry.

Malm was a prominent member of the Finnish business community and held leadership positions in several industry organizations. He was also actively involved in civic affairs in Jakobstad, supporting various philanthropic initiatives and community development projects. His contributions to Finnish business and society were widely recognized during his lifetime. He played a vital role in shaping the economic landscape of Finland during a period of significant industrial growth.