List of companies of Greenland

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Location of Greenland Greenland (orthographic projection).svg
Location of Greenland

Greenland is an autonomous constituent country of the Kingdom of Denmark between the Arctic and Atlantic Oceans, east of the Canadian Arctic Archipelago. Though physiographically a part of the continent of North America, Greenland has been politically and culturally associated with Europe (specifically Norway and Denmark, the colonial powers, as well as the nearby island of Iceland) for more than a millennium. [1]

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In 1979, Denmark had granted home rule to Greenland, and in 2008, Greenlanders voted in favour of the Self-Government Act, which transferred more power from the Kingdom Government (Regeringen) to the local Self-rule Government (Naalakkersuisut). Under the new structure, in effect since 21 June 2009, [2] Greenland can gradually assume responsibility for policing, judicial system, company law, accounting, and auditing; mineral resource activities; aviation; law of legal capacity, family law and succession law; aliens and border controls; the working environment; and financial regulation and supervision, while the Kingdom Government retains control of foreign affairs and defence. It also retains control of monetary policy, providing an initial annual subsidy of DKK 3.4 billion, which is planned to diminish gradually over time. Greenland expects to grow its economy based on increased income from the extraction of natural resources. The capital, Nuuk, held the 2016 Arctic Winter Games. Greenland leads the world in renewable energy. 70% of its energy is from renewable sources, particularly hydropower. [3]

Notable firms

This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.

Notable companies
     Active     State-owned     Defunct
NameIndustrySectorHeadquartersFoundedNotes
Air Greenland Consumer servicesAirlines Nuuk 1960Airline
Arctic Umiaq Line IndustrialsMarine transportation Nuuk 2006Shipping
Atuagkat Bookstore Consumer servicesSpecialty retailers Nuuk 1976Bookstore
Bank of Greenland FinancialsBanks Nuuk 1967Commercial bank
Brugseni Consumer servicesFood retailers & wholesalers Nuuk 1963Supermarket chain
Diskoline IndustrialsMarine transportation Ilulissat 2004Freight
Great Greenland Furhouse Consumer goodsClothing & accessories Qaqortoq 1985Fur, fashion
Greenland Airport Authority Consumer servicesAirlines Nuuk 1988Airport
Greenland Brewhouse Consumer goodsBrewers Narsaq 2004Brewery
Kalaallit Nunaata Radioa Consumer servicesBroadcasting & entertainment Nuuk 1958State broadcaster
KNI A/S Consumer servicesBroadline retailers Sisimiut 1992Trading firm
Nukissiorfiit UtilitiesAlternative electricity Nuuk 1949State electrical
Nunaoil Oil & gasExploration & production Nuuk 1985Petroleum/natural gas
Nuuk TV Consumer servicesBroadcasting & entertainment Nuuk 2002Television broadcaster
Nuup Bussii Consumer servicesTravel & tourism Nuuk 1980Bus
Pilersuisoq Consumer servicesBroadline retailers Sisimiut 1992General purpose stores
Pisiffik Consumer servicesBroadline retailers Sisimiut 2001General stores
Post Greenland IndustrialsDelivery services Nuuk 1925Postal service
Royal Arctic Line IndustrialsDelivery services Nuuk 1993Freight
Royal Greenland Consumer goodsFarming & fishing Nuuk 1990Fishing
Sermitsiaq Consumer servicesPublishing Nuuk 1958Newspaper
TELE Greenland TelecommunicationsFixed line telecommunications Nuuk 1997Telecom, broadcaster

See also

Related Research Articles

<span class="mw-page-title-main">Greenland</span> Autonomous territory of the Kingdom of Denmark in North America

Greenland is a North American autonomous territory of the Kingdom of Denmark. It is the largest autonomous territory within the Kingdom and one of two such territories within the Kingdom, the others being the Faroe Islands; the citizens of both territories as well as Denmark proper are all citizens of Denmark. As Greenland is one of the Overseas Countries and Territories of the European Union, citizens of Greenland are European Union citizens. The capital and largest city of Greenland is Nuuk. Greenland lies between the Arctic and Atlantic oceans, east of the Canadian Arctic Archipelago. It is the world's largest island, as well as the northernmost area of the world – Kaffeklubben Island off the northern coast is the world's northernmost undisputed point of land, and Cape Morris Jesup on the mainland was thought to be so until the 1960s.

The politics of Greenland, an autonomous country within the Kingdom of Denmark, function in a framework of a parliamentary representative democratic dependency, whereby the prime minister is the head of government, and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and parliament Inatsisartut. The judiciary is independent of the executive and the legislature. Greenland has full autonomy on most matters, except on policies and decisions affecting the region including negotiations with the devolved legislatures and the Folketing.

<span class="mw-page-title-main">Economy of Greenland</span>

The economy of Greenland is characterized as small, mixed and vulnerable. Greenland's economy consists of a large public sector and comprehensive foreign trade. This has resulted in an economy with periods of strong growth, considerable inflation, unemployment problems and extreme dependence on capital inflow from the Kingdom Government.

<span class="mw-page-title-main">Transport in Greenland</span> Overview of the transport in Greenland

The transportation system in Greenland is very unusual in that Greenland has no railways, no inland waterways, and virtually no roads between towns. Historically the major means of transportation has been by boat around the coast in summer and by dog sled in winter, particularly in the north and east. Nowadays air travel, by helicopter or other aircraft, is the main way of travel.

Being part of the Kingdom of Denmark, the foreign relations of Greenland are handled in cooperation with the Danish government and the Government of Greenland.

<span class="mw-page-title-main">Nuuk</span> Capital and largest city of Greenland

Nuuk is the capital of and most populous city in Greenland, an autonomous territory in the Kingdom of Denmark. Nuuk is the seat of government and the territory's largest cultural and economic center. The major cities from other countries closest to the capital are Iqaluit and St. John's in Canada and Reykjavík in Iceland. Nuuk contains a third of Greenland's population and its tallest building. Nuuk is also the seat of government for the Sermersooq municipality. In January 2023, it had a population of 19,604. Nuuk is considered a modernized city after the policy began in 1950.

<span class="mw-page-title-main">Air Greenland</span> Flag carrier of Greenland

Air Greenland A/S, also known as Greenlandair, is the flag carrier of Greenland, owned by the Greenlandic Government. It operates a fleet of 28 aircraft, including 2 airliners used for transatlantic and charter flights, 8 fixed-wing aircraft primarily serving the domestic network, and 18 helicopters feeding passengers from the smaller communities into the domestic airport network. Flights to heliports in the remote settlements are operated on contract with the government of Greenland.

<span class="mw-page-title-main">Nuuk Airport</span> Airport in Nuuk, Greenland

Nuuk Airport is an airport serving Nuuk, the capital of Greenland. The airport is a technical base and focus city for Air Greenland, the flag carrier airline of Greenland, linking the capital with several towns in western and south-western part of the country, including the airline hub at Kangerlussuaq Airport. With connections to Iceland, Nuuk Airport is also one of six international airports in Greenland but serves only destinations within Greenland and Iceland. International connections are made with flights to either Keflavík International Airport in Iceland or Kangerlussuaq Airport.

<span class="mw-page-title-main">Kangerlussuaq Airport</span> Main international airport in Greenland

Kangerlussuaq Airport is an airport in Kangerlussuaq, a settlement in the Qeqqata municipality in central-western Greenland. Alongside Narsarsuaq Airport, it is one of only two civilian airports in Greenland large enough to handle large aircraft. It is located away from the coast and hence less prone to fog and wind in comparison with other airports in Greenland. Kangerlussuaq Airport is the international hub for Air Greenland. The Kangerlussuaq area has very few inhabitants, so few travellers have their origin or destination here; most travellers change aircraft. Due to runway pavement failures caused by thawing of the permafrost and climate change, the airport will be closed to major commercial traffic in 2024. However, military use of the airport will continue.

<span class="mw-page-title-main">Sisimiut</span> Place in Greenland, Kingdom of Denmark

Sisimiut, formerly known as Holsteinsborg, is the capital and largest city of the Qeqqata municipality, the second-largest city in Greenland, and the largest Arctic city in North America. It is located in central-western Greenland, on the coast of Davis Strait, approximately 320 km (200 mi) north of Nuuk.

<span class="mw-page-title-main">Danish Realm</span> Kingdom of Denmark and its autonomous territories

The Danish Realm, officially the Kingdom of Denmark, is the area over which the monarch of Denmark is head of state. It consists of metropolitan Denmark—the kingdom's territory in continental Europe and sometimes called "Denmark proper" —and the realm's two autonomous regions: the Faroe Islands in North Atlantic and Greenland in North America. The relationship between the three parts of the Kingdom is also known as The unity of the Realm.

Tourism in Greenland is a relatively young business area of the country. Since the foundation of the national tourist council, Greenland Tourism, in 1992, the Home Rule Government has been working actively with promoting the destination and helping smaller tourist providers to establish their services. Foreign travel agencies have increasingly been opening up sale of Greenland trips and tours, and the cruise industry has had a relatively large increase in routes to Greenland since about the turn of the century.

A non-binding referendum on Greenland's autonomy was held on 25 November 2008 to support or oppose the Greenland Self-Government Act. It was passed with 75% approval and a 72% turnout. The non-binding referendum was on expanded home rule in 30 areas, including police, courts, and the coast guard; gave Greenland a say in foreign policy; provided a more definite split of future oil revenue; and made the Greenlandic language the sole official language.

<span class="mw-page-title-main">Outline of Greenland</span> Overview of and topical guide to Greenland

The following outline is provided as an overview of and topical guide to Greenland:

Royal Arctic Line A/S (RAL) or Royal Arctic is a seaborne freight company in Greenland, wholly owned by the Government of Greenland. It was formed in 1993, and is headquartered in Nuuk.

<span class="mw-page-title-main">Nordic countries</span> Geographical and cultural region

The Nordic countries are a geographical and cultural region in Northern Europe and the North Atlantic. It includes the sovereign states of Denmark, Finland, Iceland, Norway and Sweden; the autonomous territories of the Faroe Islands and Greenland; and the autonomous region of Åland.

The Buksefjord hydroelectric power plant is the first and largest hydroelectric power plant in Greenland. It was built by Nuuk-Kraft and it is operated by Nukissiorfiit, Greenland's national energy company.

<span class="mw-page-title-main">Arctic policy of the Kingdom of Denmark</span> Danish foreign policy

The Arctic Policy of the Kingdom of Denmark defines the Kingdom's foreign relations and policies with other Arctic countries, and the Kingdom's strategy for the Arctic on issues occurring within the geographic boundaries of "the Arctic" or related to the Arctic or its peoples. In order to clearly understand the Danish geopolitical importance of the Arctic, it is necessary to mention Denmark's territorial claims in areas beyond its exclusive EEZ in areas around the Faroe Islands and north of Greenland covering parts of the North Pole, which is also claimed by Russia.

<span class="mw-page-title-main">Joint Arctic Command</span> Military unit

The Joint Arctic Command is a direct Level II authority in the Danish Defence. Joint Arctic Command's primary mission in peacetime is to ensure Danish sovereignty by monitoring the area around the Faroe Islands and Greenland. The command also handles tasks such as fisheries inspection, search and rescue (SAR), patient transport and other tasks that support the civil society. In short, the Joint Arctic Command handles military tasks, coast guard duties and disaster response - all in one organisation.

<span class="mw-page-title-main">Withdrawal of Greenland from the European Communities</span> Greenland leaving the EC, precursor to the EU

After being a part of the European Communities (EC) for twelve years, Greenland withdrew in 1985. It had joined the EC in 1973 as a county of Denmark, even though a majority in Greenland was against joining. In a consultative referendum in 1982, 53% of the electorate of Greenland voted to withdraw from the Communities. This latter referendum became possible after the introduction of home rule in Greenland in 1979. Following its withdrawal, which was regulated through the Greenland Treaty, the relationship between Greenland and the EC was partly settled through an association under Overseas Countries and territories (OCT) status. In recent years, the Greenlandic withdrawal from the European Communities has marginally been referred to as "Greenxit".

References

  1. The Fate of Greenland's Vikings, by Dale Mackenzie Brown, Archaeological Institute of America, 28 February 2000
  2. Greenland in Figures 2012 (PDF). stat.gl. ISBN   978-87-986787-6-2. ISSN   1602-5709 . Retrieved 10 February 2013.
  3. Nordic Investment Bank. "Hydropower creates clean energy and jobs in Greenland". NIB. Nordic Investment Bank. Retrieved 2 October 2016.