Pisiffik

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

Pisiffik A/S is the largest privately owned commercial retail company in Greenland, operating approximately 40 stores across the nation's six largest towns: Nuuk, Sisimiut, Ilulissat, Aasiaat, Maniitsoq, and Qaqortoq. Originally established in 1993 as a non-subsidized subsidiary of the state-owned KNI conglomerate, the company was fully privatized in 2001 and later relocated its corporate headquarters from Sisimiut to Nuuk in 2016. Today, Pisiffik manages a diverse portfolio of retail chains and international franchises spanning supermarkets, clothing, electronics, fast food, and furniture including brands such as SPAR, Akiki, JYSK, Elgiganten, ILVA, and Sunset Boulevard as well as the food wholesaler KK Engros.

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.

Operations

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.

Brands

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.

References

  1. ↑ Randburg.com. "KNI Holding A/S Deprecated link 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.