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.

Pisiffik A/S
Company typeAktieselskab
IndustryRetail
Founded2001
Headquarters,
Area served
Greenland
Key people
Per Steen Larsen (CEO)
RevenueDKK 925 million
DKK 51 million
Number of employees
623–650
SubsidiariesKK Engros
Websitepisiffik.gl

History

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Pisiffik was first established in 1993 as KNI Pisiffik A/S,[1] 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.[2] Dagrofa sold its shares to the current owners in 2015.[3][4] In 2016, the headquarters were moved from Sisimiut to Nuuk.[5]

Operations

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Pisiffik supermarket in Sisimiut.

Pisiffik's approximately 40 stores are found in the six largest towns in Greenland: Aasiaat, Ilulissat, Maniitsoq, Nuuk, Qaqortoq, and Sisimiut.[6]

Brands

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Pisiffik-owned restaurant and grocery store in Nuuk

Pisiffik operates the following brands:

  • Pisiffik - Supermarkets
  • SPAR - Grocery stores
  • Akiki - Discount store
  • Pisattat - Consumer electronics stores
  • Torrak Fashion - Clothing stores
  • JYSK - Furniture stores
  • Elgiganten - Consumer electronics stores
  • Nota Bene - Consumer electronics store in Nuuk
  • ILVA - Furniture store
  • Sunset Boulevard - Fast-food restaurants
  • SuKu - Home decor stores

Pisiffik also owns wholesaler KK Engros.[7]

References

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  1. ^ Randburg.com. "KNI Holding A/S Archived 2012-09-14 at archive.today". Accessed 30 Apr 2012.
  2. ^ "Dagrofa køber butikskæde i Grønland". Politiken. 20 October 2001. Retrieved 13 April 2017.
  3. ^ "Dagrofa sælger Pisiffik". KNR. 1 October 2015. Retrieved 13 April 2017.
  4. ^ "Hårdt trængte Dagrofa skærer fra i detail-satning". Børsen. 1 October 2015. Retrieved 13 April 2017.
  5. ^ "Pisiffik flytter til Nuuk". KNR. 11 July 2015. Retrieved 13 April 2017.
  6. ^ "Pisiffik runder omsætning på en milliard kroner". Sermitsiaq AG. 27 May 2016. Retrieved 13 April 2017.
  7. ^ "Ejerforhold". KK Engros. Retrieved 13 April 2017.