PUBLIC LIMITED COMPANIES AND PUBLICLY OWNED COMPANIES WHICH ARE PART OF THE ADMINISTRATION AND FUNDED BY A NET APPROPRIATION
The Government of Greenland is a shareholder of a number of limited companies. The government is the sole owner of two thirds of the companies.
Ownership And Notes
Royal Greenland Ltd
Royal Greenland is the largest supplier of cold water prawns in the world and one of the leading groups within fishing, processing, production, marketing, and distribution of seafood products.
Read more at www.royalgreenland.com
Umiaq Arctic Line Ltd
The company undertakes passenger traffic in Greenlandic waters. Umiaq Arctic Line Ltd was founded in 1774 and is owned by Air Greenland Ltd and Royal Arctic Line Ltd today.
Read more about the company at www.aul.gl
INI Ltd
The housing association INI was established in 1995 to ensure an efficient operation of the dwellings of the Home Rule Government and the municipalities.
Read more about INI at www.ini.gl
Great Greenland Ltd
Great Greenland Ltd buys seal skin from Greenlandic hunters from all of Greenland and thereby offers hunters with an opportunity to sell their catch at competitive prices. The company produces fur and sealskin products, primarily for export.
In 2002, the publicly owned company which is part of the administration and funded by a net appropriation with Great Greenland Ltd, continuing under the latter name.
Read more about Great Greenland at www.greatgreenland.com
Greenland Tourism and Business Council Ltd
The company is the former Greenland Tourism Ltd. The company now also provides advice to land-based businesses.
Read more at www.greenland.com
The Properties of the Greenland Port Ltd
The company is located at the Greenland Port of Aalborg.
KNI Ltd
KNI formerly consisted of KNI Pilersuisoq Ltd and KNI Pisiffik Ltd. In 2002, the former subsidiary KNI Pilersuisoq Ltd merged with the parent company KNI Ltd under the name of the latter corporation.
NUKA Ltd and its subsidiary, the Neqi Ltd slaughterhouse, were handed over to KNI Ltd in 2005. NUKA Ltd has later changed its name to Arctic Green Food Ltd.
Read more at www.pilersuisoq.gl and below.
Pisiffik Ltd
Pisiffik is the largest privately owned retail company of Greenland. The chain operates 36 supermarkets, convenience stores, and specialty shops in the six largest towns of Greenland.
In addition to ten large supermarkets, Pisiffik operates Spar, Jysk, IDEmøbler, Pisattat, and Torrak Fashion.
Pisiffik is owned by the Dagrofa Retail Group (holding the majority of the shares), by a wide range of Pisiffik employees, and by the Government of Greenland.
Read more at www.pisiffik.gl
Arctic Green Food Ltd
Earlier known as NUKA Ltd, Arctic Green Food produces fish products for the domestic market and for exports. The subsidiary Neqi Ltd in Narsaq butchers and processes lamb, musk and reindeer.
Read more about the companies at www.arcticfood.gl and at www.kni.gl
NunaMinerals Ltd
NunaMinerals Ltd is the leading company in the field of mineral exploration in Greenland. The company develops and exploits the mineral resources of Greenland to build a profitable business with revenue from the ownership of mines, royalties from mining operations and sale of projects.
Read more about the exploration company at www.nunaminerals.com
Greenland Venture Ltd
Greenland Venture Ltd provides risk and long-term capital, especially for corporate planning and development. The venture company operates on a commercial basis.
Read more about Greenland Venture Ltd at www.venture.gl