Company type | Aktieselskab, Food cooperative |
---|---|
Industry | Seafood Fishing |
Founded | 1990[1] |
Headquarters | , |
Area served | Worldwide |
Key people |
|
Products | Seafood Caviar Commercial fishing Fish processing Convenience Smoked and Marinated fish Dried fish |
Revenue | DKK 7,105 million (2016) |
DKK 335 million (2016) | |
DKK 173 million (2016) | |
Total assets | DKK 1,587 million (2016) |
Total equity | DKK 1,414 million (2016) |
Number of employees | 2,769 (2016) |
Subsidiaries | |
Website | royalgreenland.com |
Footnotes /references (2012 [2] ) |
Royal Greenland A/S is a fishing company in Greenland, spun off from Kalaallit Niuerfiat in 1990 [1] [3] but still wholly owned by the Government of Greenland. [2] The company operates in a number of towns and settlements in Greenland, with 20 fish processing plants and ship bases of local subsidiary units. [4] Some of the processing plants were closed between 2007 and 2009. [5] Royal Greenland had an annual net profit of DKK 335 million before tax in 2016. [6]
The Royal Greenland Trading Department was founded in 1774 as a Dano-Norwegian state enterprise charged with administering the Danish settlements and trade in Greenland. The company's monopoly was finally ended in 1950 and the Home Rule Government, introduced in 1979, gained control in 1986, [7] [8] first renaming it "Kalaallit Niuerfiat" [3] and then, in 1992, "KNI". [9] The company's fishing operations were spun off as Royal Greenland A/S in 1990. [1]
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 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.
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.
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.
Narsaq is a town in the Kujalleq municipality in southern Greenland. The name Narsaq is Kalaallisut for "Plain", referring to the shore of Tunulliarfik Fjord where the town is located.
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.
Qeqertarsuatsiaat, formerly Fiskenæsset or Fiskernæs, is a settlement in the Sermersooq municipality in southwestern Greenland, located on an island off the shores of Labrador Sea. Its population was 169 in 2020.
Kullorsuaq is a settlement in the Avannaata municipality in northwestern Greenland. It is the northernmost settlement in the Upernavik Archipelago, located on Kullorsuaq Island at the southern end of Melville Bay, itself part of the larger Baffin Bay.
Nuussuaq, formerly Kraulshavn, is a settlement in Avannaata municipality in northwestern Greenland. It is the only mainland settlement in the Upernavik Archipelago, located near the western tip of the Nuussuaq Peninsula, on the northern coast of Sugar Loaf Bay, an indentation of Baffin Bay. It is most famously known as the official halfway point between Saskatoon and Helsinki as decided in the 2023 Concorde Drive halfway challenge. The settlement was founded in 1923 as a trading station, growing in size during the post-war consolidation phase, when hunters from several small villages in the region of neighboring Inussulik Bay, Sugar Loaf Bay, and Tasiusaq Bay moved into the larger settlements such as Nuussuaq and Kullorsuaq further north in Melville Bay. Today Nuussuaq remains one of the most traditional hunting and fishing villages in Greenland, with a stable population. The settlement had 181 inhabitants in 2020.
Itilleq is a settlement in the Qeqqata municipality in central-western Greenland. It is located on a small island around 1 km from the mainland, 45 km south of Sisimiut and 2 km north of the Arctic Circle on the shores of Davis Strait. It had 89 inhabitants in 2020.
Oqaatsut, formerly Rodebay or Rodebaai, is a settlement in Avannaata municipality, in western Greenland. It had 29 inhabitants in 2020. The modern name of the settlement is Kalaallisut for "Cormorants". The village is served by the communal all-purpose Pilersuisoq store.
Innaarsuit is an island settlement in Avannaata municipality in northwestern Greenland, located on an island of the same name. the settlement had 180 inhabitants in 2020.
Kulusuk, formerly Kap Dan, is a settlement in the Sermersooq municipality in southeastern Greenland, located on an island of the same name. The settlement population of 241 includes many Danes choosing to live there due to the airport. In the Kalaallisut language, the name of the village means "Chest of a Black Guillemot".
The Greenland Airports is the national airport operator of the airports in Greenland, in charge of airport upgrades and associated fees and taxes in all airports in Greenland.
Greenlandic cuisine is traditionally based on meat from marine mammals, birds, and fish, and normally contains high levels of protein. Since colonization and the arrival of international trade, the cuisine has been increasingly influenced by Danish, British, American and Canadian cuisine. During the summer when the weather is milder, meals are often eaten outdoors.
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.
Pilersuisoq is a chain of all-purpose general stores in Greenland, a major division of the state-owned KNI conglomerate. Like its parent company, it is based in Sisimiut (Holsteinsborg), the second-largest town in Greenland.
KNI A/S or Greenland Trade is a trading conglomerate in Greenland. It is the successor to the Royal Greenland Trading Department, which controlled the government of Greenland itself from 1774 to 1908 and possessed a monopoly on Greenlandic trade from 1776 to 1950. Today, the company remains a major component of the Greenlandic economy and remains fully owned by the local government. The company is based in Sisimiut (Holsteinsborg), Greenland's second-largest city, located in mid-western Greenland's Qeqqata Municipality.
Pisiffik A/S is a chain of Greenlandic stores. The company is the largest privately owned commercial company in Greenland, and is a subsidiary jointly owned by NorgesGruppen, the Norwegian grocery wholesaling group, the Danish investment company KFI, and Greenland Venture, a state-owned investment firm.
The Royal Greenland Trading Department was a Danish state enterprise charged with administering the realm's settlements and trade in Greenland. The company managed the government of Greenland from 1774 to 1908 through its Board of Managers in Copenhagen and a series of Royal Inspectors and Governors in Godthaab and Godhavn on Greenland. The company was headquartered at Grønlandske Handels Plads at Christianshavn.