KNI

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KNI A / S
legal form A / S
founding January 1, 1986
Seat Sisimiut , GreenlandGreenlandGreenland 
management
  • Lars Borris Pedersen (Chairman of the Supervisory Board)
Number of employees 934 (2017/18)
sales 2.4282 billion DKK (approx. 320 million €) (2017/18)
Branch Wholesale and retail and supply
Website www.kni.gl

KNI A / S is a state-owned Greenlandic wholesale , retail and supply company based in Sisimiut . KNI stands for Kalaallit Niuerfiat.

history

KNI is the successor company of Den Kongelige Grønlandske Handel (KGH), which was founded in 1774 to handle the trade and administration of the Danish colony at the time. In 1950 the Danish state lost its trade monopoly over Greenland in the form of the KGH and in 1986 the company was placed under the Greenland government and converted into Kalaallit Niuerfiat. In 1993 the company was split up into several individual companies and converted into the KNI conglomerate. In 1997 these were again united under one umbrella company, with other parts being made independent, for example the Royal Arctic Line , which has not been part of KNI since then.

Business areas

Mineral oil trade

Polaroil

Polaroil is Greenland's oil supplier. The company operates a total of 70 oil tank facilities in all cities and villages in the country. It is mainly responsible for the supply of gas oil , kerosene , kerosene and petrol and also ensures a stable price situation in Greenland. Polaroil was founded in 1950 under the name Det Grønlandske Olieselskab as a subsidiary of KGH.

Retail and port industry

Pilersuisoq

Pilersuisoq is the state-owned retail company in Greenland. It is the retail chain with most of the branches in the country, which are mainly located in the villages and are usually the only means of supplying goods there. In most of the villages, Pilersuisoq is also responsible for the port management and in some of them the bank, post office and heliport operations. Pilersuisoq was founded in 1992 together with Pisiffik . Pisiffik covers the supply of the larger cities, but was privatized in 2001 and thus spun off from KNI.

Wholesale

KNI Engros

KNI Engros is responsible for the Greenlandic wholesale trade, where all product groups are sold to other companies and institutions.

subsidiary company

KNI also has several subsidiaries. It is 100% owner of Neqi A / S, KNI Ejendomme A / S and Pitsaasut ApS . Another subsidiary is the housing company Akia Sisimiut A / S (82.5%).

Neqi

The slaughterhouse company Neqi is responsible for the production of lamb from the South Greenland sheep industry.

KNI Ejendomme

KNI Ejendomme manages KNI's real estate holdings and investments.

Pitsaasut

Pitsaasut is a Greenlandic food manufacturer.

Web links

Individual evidence

  1. Management. In: kni.gl. Retrieved May 31, 2019 .
  2. ^ The board of KNI A / S. In: kni.gl. Retrieved May 31, 2019 .
  3. a b Annual Report 2017/18
  4. KNI's history at kni.gl
  5. KNI A / S in Den Store Danske
  6. Om Polaroil at kni.gl
  7. Om Pilersuisoq at kni.gl
  8. Om KNI Engros at kni.gl
  9. Interim report KNI A / S 2018/19, page 2. In: kni.gl. Retrieved May 31, 2019 .