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Company type | Aktieselskab,Food cooperative |
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Industry | Seafood Fishing |
Founded | 1990 (1990)[1] |
Headquarters | , |
Area served | Worldwide |
Key people |
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Products | Seafood Caviar Commercial fishing Fish processing Convenience Smoked andMarinated fish Dried fish |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 2,769(2016) |
Subsidiaries | |
Website | royalgreenland.com |
Footnotes / references (2012[2]) |
Royal GreenlandA/S is afishing company inGreenland, spun off fromKalaallit Niuerfiat in 1990[1][3] but still wholly owned by theGovernment 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 ofDKK 335 million before tax in 2016.[6]
TheRoyal Greenland Trading Department was founded in 1774 as aDano-Norwegianstate enterprise charged with administering the Danish settlements and trade inGreenland. The company's monopoly was finally ended in 1950 and theHome 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]