Royal Greenland
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Royal Greenland A/S is a
fishing Fishing is the activity of trying to catch fish. Fish are often caught as wildlife from the natural environment (Freshwater ecosystem, freshwater or Marine ecosystem, marine), but may also be caught from Fish stocking, stocked Body of water, ...
company in
Greenland Greenland is an autonomous territory in the Danish Realm, Kingdom of Denmark. It is by far the largest geographically of three constituent parts of the kingdom; the other two are metropolitan Denmark and the Faroe Islands. Citizens of Greenlan ...
, spun off from Kalaallit Niuerfiat in 1990 but still wholly owned by the Government of Greenland. The company operates in a number of towns and settlements in Greenland, with 20 fish processing plants and ship bases of local subsidiary units. Some of the processing plants were closed between 2007 and 2009. Royal Greenland had an annual net profit of DKK 335 million before tax in 2016.


History

The
Royal Greenland Trading Department The Royal Greenland Trading Department (, KGH) 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 Manag ...
was founded in 1774 as a
Dano-Norwegian Dano-Norwegian (Danish language, Danish and ) was a Koine language, koiné/mixed language that evolved among the urban elite in Norwegian cities during the later years of the union between the Denmark–Norway, Kingdoms of Denmark and Norway (1 ...
state enterprise A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...
charged with administering the Danish settlements and trade in
Greenland Greenland is an autonomous territory in the Danish Realm, Kingdom of Denmark. It is by far the largest geographically of three constituent parts of the kingdom; the other two are metropolitan Denmark and the Faroe Islands. Citizens of Greenlan ...
. The company's monopoly was finally ended in 1950 and the Home Rule Government, introduced in 1979, gained control in 1986,MIPI.
Pilersuisoq KNI A/S
". Mipi.nanoq.gl, Accessed 2 May 2012.
Dahl, Jens.
Saqqaq: An Inuit Hunting Community in the Modern World
'. Univ. of Toronto Press, 2000.
first renaming it "Kalaallit Niuerfiat"Culture Greenland.

". Accessed 2 May 2012.
and then, in 1992, " KNI".KNI.
''Kort historie om KNI''
Short History of KNI. Accessed 28 Apr 2012.
The company's fishing operations were spun off as Royal Greenland A/S in 1990.Royal Greenland.
Our History
". Royalgreenland.com, Accessed 27 August 2010.


See also

* Economy of Greenland, where Royal Greenland's fish make up more than half of all exports * List of seafood companies


References


External links

* {{authority control Companies based in Nuuk Food and drink companies established in 1990 Danish brands Food product brands Greenlandic brands Purveyors to the Court of Denmark Seafood companies of North America Fishing in Greenland Food and drink companies of Greenland Greenlandic companies established in 1990 Government-owned companies of Greenland