Store Norske Spitsbergen Kulkompani

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Store Norske Spitsbergen Kulkompani AS
Type State owned
Industry Mining
Predecessor(s) Arctic Coal Company
Founded 1916
Headquarters Longyearbyen, Svalbard, Norway
Key people Per Andersson (CEO)
Products Bituminous coal
Revenue Increase NOK 1,200 million
Net income Increase NOK 350 million (2009)
Owner(s) Norwegian Ministry of Trade and Industry
Employees 340 (2010)
Website www.snsk.no

Store Norske Spitsbergen Kulkompani (SNSK), or simply Store Norske, is a Norwegian coal mining company based on the Svalbard archipelago. It was formed in 1916, after a Norwegian purchase of the American Arctic Coal Company (ACC).

The company has 360 employees and operates two coal mines. The largest one is located in the Sveagruva settlement, about 60 km south of Longyearbyen. The Svea Nord longwall mine has an annual output of 2 million tonnes of bituminous coal. A third of it is sold for metallurgical purposes. The managing director of Store Norske Spitsbergen Kulkompani is Per Andersson.

Former chief executive officers[edit]

References[edit]

  1. ^ «Vedtar forelegg for korrupsjon» by Rune Endresen, Dagens Næringsliv, 2011-08-27, page 6

External links[edit]