Pisiffik
 | |
| Aktieselskab | |
| Industry | Retail |
| Founded | 2001 |
| Headquarters | Sisimiut, Greenland |
Area served | Greenland |
Key people | Per Steen Larsen (Adm. Director) |
| Revenue | DKK 925 million |
| DKK 51 million | |
Number of employees | 623–650 |
| Parent |
Dagrofa (85.79%) Greenland Venture (14.21%) |
| Subsidiaries | KK Engros (62%) |
| Website | pisiffik.gl |
|
Footnotes / references (2011[1][2][3]) | |
Pisiffik A/S are a chain of Greenlandic stores. The company is the largest privately owned commercial company in Greenland.[4] Formerly a division of KNI, it is now a subsidiary jointly owned by Dagrofa, the Danish food concern,[1] and Greenland Venture, a state-owned investment firm.[2]
History
Pisiffik was first established in 1993 as KNI Pisiffik A/S,[5] a subsidiary of Greenland's KNI conglomerate. Based 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[4][6] and the competition between the two chains blossomed into a price war after KNI opened a discount Pilersuisoq in Aasiaat in 2008.[7][8]
Both companies were state-owned at the time but, on 16 June 2010, Dagrofa, a Danish firm, bought most of Greenland Venture's stake in the company and became the majority holder.[3][9]
Operations
Pisiffik's roughly 30 stores are restricted to the six largest towns in Greenland, with stores in Aasiaat, Ilulissat, Maniitsoq, Nuuk, Qaqortoq, and Sisimiut.[1]
Brands
Pisiffik A/S includes the following brands: Pisiffik supermarkets, SPAR grocery stores, Pisattat consumer electronics stores, Torrak Fashion clothing retailers, and Jysk and Idemøbler furniture stores.[2]
Pisiffik also holds a 62% stake in wholesaler KK Engros.[2]
References
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Wikimedia Commons has media related to Pisiffik. |
- 1 2 3 Dagrofa. "Dagrofa Årsrapport 2011" ["Dagrofa Annual Report 2011"]. Accessed 1 May 2012.
- 1 2 3 4 Greenland Venture. "Pisiffik A/S". Accessed 1 May 2012. (Danish)
- 1 2 Kalaallit Nunaata Radioa. "Dagrofas aktieandel i Pisiffik stiger". 16 Jun 2010. Accessed 28 Aug 2010. (Danish)
- 1 2 Pisiffik A/S. "Om os". Accessed 28 Aug 2010. (Danish)
- ↑ Randburg.com. "KNI Holding A/S". Accessed 30 Apr 2012.
- ↑ Kamikposten. "Hvad vil Pisiffik A/S?". 15 Mar 2001. Accessed 28 Aug 2010. (Danish)
- ↑ Sermitsiaq. "KNI-formand afviser løftebrud". 4 Sept 2008. Accessed 28 Aug 2010. (Danish)
- ↑ Sermitsiaq. "Butikskrig i Aasiaat". 11 Dec 2008. Accessed 28 Aug 2010. (Danish)
- ↑ Dagrofa. "Dagrofa køber Pisiffik aktier af Greenland Venture". Accessed 28 Aug 2010. (Danish)