Kings Bay (company)
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| State owned | |
| Industry | Infrastructure |
| Founded | 1916 |
| Headquarters | Ny-Ålesund, Norway |
Area served | Svalbard |
Key people | Ole Charles Ryder Øiseth (CEO) |
| Revenue |
 NOK 36.8 million (2005) |
| NOK 0.2 million (2005) | |
Number of employees | 32 (2007) |
| Parent | Norwegian Ministry of Trade and Industry |
| Website | www.kingsbay.no |
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Credit: Sigvald Moa
Kings Bay AS is a government enterprise owned by the Norwegian Ministry of Trade and Industry that operates the entire settlement of Ny-Ålesund on Svalbard. The settlement, the most northerly civilian in the world serves research staff. The company provides the necessary infrastructure, such as transport (including the airport Ny-Ålesund Airport, Hamnerabben), real estate, power and water supply, catering and other facilities. The company is also responsible for administering Bjørnøen AS, a government enterprise that owns the entire island of Bjørnøya. In the summer the company also handles cruise ships that arrive at Ny-Ålesund.[1][2]
The company was founded in 1916 as Kings Bay Kull Company with the intention of operating a coal mine. It was later nationalized, and in 1962 the mine closed in the context of a political crisis in Norway known as the Kings Bay Affair (Kings Bay-saken). A research facility was subsequently set up in at Ny-Ålesund, to be run by the company.[3]
References
- ↑ Rolf Bryhn. "Kings Bay AS". Store norske leksikon. Retrieved October 1, 2016.
- ↑ Susan Barr. "Ny-Ålesund". Store norske leksikon. Retrieved October 1, 2016.
- ↑ "Kings Bay-saken". Stortinget. Retrieved October 1, 2016.
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