THE NOBEL PRIZE AND CONNECTION BETWEEN SWEDEN, RUSSIA AND AZERBAIJAN
AbstractFew people know that the Nobel brothers- Alfred Nobel, Ludvig Nobel and Robert Nobel, lived in Baku and that they founded a factory there. The Nobel’s produced armaments for Russia and traded in kerosene. At the beginning of the 1870’s Robert Nobel moved from Petersburg to Azerbaijan and took an interest in the oil111 business. Later on this interest led his brothers to become part of this business and in 1879 they founded the “Nobel Brothers Company”. This company’s capital was originally 3 million manat (Azerbaijan’s currency) however by 1916 it had increased to 45 million manat. This company met 20% of the petrol and 49% of the kerosene production in the whole of Russia. “The Nobel Brothers Company” was first nationalized by the Baku Council of People's Commissars in 1918 and then by the government of Azerbaijan Soviet Socialist Republic in1920. Alfred Nobel's will and testament dated 27th November 1895 was read in Stockholm on 30th December 1896. According to this will, a foundation established by Alfred Nobel would reward those who serve humanity. It was determined that The Nobel Prize a prestigious award, would be given for this purpose. The first Noble Prizes started to be awarded in 1901. Approximately 12.4% of the prize money came from Alfred Nobel’s own share of the Baku Nobel Brothers’s Company which originally amounted to 31 million Swedish Kronor. The study will examine the link between the Nobel Prize, Petersburg and Baku.
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How to Cite
Kurban, V. (2013). THE NOBEL PRIZE AND CONNECTION BETWEEN SWEDEN, RUSSIA AND AZERBAIJAN. European Scientific Journal, ESJ, 9(19). https://doi.org/10.19044/esj.2013.v9n19p%p