KNI A/S
< KNI A
| Company type | Government-owned corporation |
|---|---|
| Industry | Retail Public services Beverage Liquid fuels Lubricants Service |
| Predecessor | Royal Greenland Trading Department (KGH) |
| Founded | KGH: 1774 Kalaallit Niuerfiat: 1986 KNI: 1992 |
| Headquarters | , |
Area served | Greenland |
Key people | Peter Grønvold Samuelsen |
| Revenue | DKK 1,314,916,000 |
| DKK 70,643,000 | |
Number of employees | 804 |
| Subsidiaries | Neqi & KNI Ejendomme (100%) Akia Sisimiut (82.5%) |
| Website | kni.gl |
| Footnotes / references (2011) | |
KNI A/S or Greenland Trade (Greenlandic: Kalaallit Niuerfiat, Danish: Grønlands Handel) is a trading conglomerate in Greenland. It is the successor to the Royal Greenland Trading Department, which controlled the government of Greenland itself from 1774 to 1908 and possessed a monopoly on Greenlandic trade from 1776 to 1950. Today, the company remains a major component of the Greenlandic economy and remains fully owned by the local government. The company is based in Sisimiut (Holsteinsborg), Greenland's second-largest city, located in mid-western Greenland's Qeqqata Municipality.