List of companies 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]

Location of Greenland

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
Name Industry Sector Headquarters Founded Notes
Air Greenland Consumer services Airlines Nuuk 1960 Airline
Arctic Umiaq Line Industrials Marine transportation Nuuk 2006 Shipping
Atuagkat Bookstore Consumer services Specialty retailers Nuuk 1976 Bookstore
Bank of Greenland Financials Banks Nuuk 1967 Commercial bank
Brugseni Consumer services Food retailers & wholesalers Nuuk 1963 Supermarket chain
Diskoline Industrials Marine transportation Ilulissat 2004 Freight
Great Greenland Furhouse Consumer goods Clothing & accessories Qaqortoq 1985 Fur, fashion
Greenland Airport Authority Consumer services Airlines Nuuk 1988 Airport
Greenland Brewhouse Consumer goods Brewers Narsaq 2004 Brewery
Kalaallit Nunaata Radioa Consumer services Broadcasting & entertainment Nuuk 1958 State broadcaster
KNI A/S Consumer services Broadline retailers Sisimiut 1992 Trading firm
Nukissiorfiit Utilities Alternative electricity Nuuk 1949 State electrical
Nunaoil Oil & gas Exploration & production Nuuk 1985 Petroleum/natural gas
Nuuk TV Consumer services Broadcasting & entertainment Nuuk 2002 Television broadcaster
Nuup Bussii Consumer services Travel & tourism Nuuk 1980 Bus
Pilersuisoq Consumer services Broadline retailers Sisimiut 1992 General purpose stores
Pisiffik Consumer services Broadline retailers Sisimiut 2001 General stores
Post Greenland Industrials Delivery services Nuuk 1925 Postal service
Royal Arctic Line Industrials Delivery services Nuuk 1993 Freight
Royal Greenland Consumer goods Farming & fishing Nuuk 1990 Fishing
Sermitsiaq Consumer services Publishing Nuuk 1958 Newspaper
TELE Greenland Telecommunications Fixed line telecommunications Nuuk 1997 Telecom, broadcaster

See also

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.
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