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EntityQ4993348· pop 8· linked from 67 articles

Pisiffik A/S is a chain of Greenlandic stores. The company is the largest privately owned commercial company in Greenland, and is a subsidiary jointly owned by NorgesGruppen, the Norwegian grocery wholesaling group, the Danish investment company KFI, and Greenland Venture, a state-owned investment firm.

Wikidata facts

Headquarters
Nuuk
Industry
retail
Legal form
aktieselskab
Official website
pisiffik.gl
Image
Pisiffik.jpg
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Commons category
Pisiffik
inception
2001-01-01
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Encyclopedic overview

4 sections
Contents
  • History
  • Operations
  • Brands
  • References

Pisiffik A/S is a chain of Greenlandic stores. The company is the largest privately owned commercial company in Greenland, and is a subsidiary jointly owned by NorgesGruppen, the Norwegian grocery wholesaling group, the Danish investment company KFI, and Greenland Venture, a state-owned investment firm.

== History == Pisiffik was first established in 1993 as KNI Pisiffik A/S, a subsidiary of Greenland's KNI conglomerate. Located in Greenland's larger towns, it was an experiment in running the stores without a government subsidy, while KNI Pilersuisoq continued to operate the more distant and less profitable outposts. The present Pisiffik A/S was spun off as a separate company in 2001 when Danish company Dagrofa bought Pisiffik as part of a privatization of parts of KNI. Dagrofa sold its shares to the current owners in 2015. In 2016, the headquarters were moved from Sisimiut to Nuuk.

Excerpted from Wikipedia’s “Pisiffik” article, available under the CC BY-SA 4.0 licence.

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