|
Store Norske Spitsbergen Kulkompani
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 operated two coal mines. The larger one was 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 was Per Andersson. The Sveagruva mine closed in 2017. The Store Norske Spitsbergen Kulkompani has a shipping port at Cape Amsterdam, 15 km from Sveagruva. In 2021, the Store Norske Spitsbergen Kulkompani was ranked no. 81 in the Arctic Environmental Responsibility Index (AERI) that covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle. History Store ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Ownership
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bituminous Coal
Bituminous coal, or black coal, is a type of coal containing a tar-like substance called bitumen or asphalt. Its coloration can be black or sometimes dark brown; often there are well-defined bands of bright and dull material within the seams. It is typically hard but friable. Its quality is ranked higher than lignite and sub-bituminous coal, but lesser than anthracite. It is the most abundant rank of coal, with deposits found around the world, often in rocks of Carboniferous age. Bituminous coal is formed from sub-bituminous coal that is buried deeply enough to be heated to or higher. Bituminous coal is used primarily for electrical power generation and in the steel industry. Bituminous coal suitable for smelting iron (''coking coal'' or ''metallurgical coal'' ) must be low in sulfur and phosphorus. It commands a higher price than other grades of bituminous coal (thermal coal) used for heating and power generation. Within the coal mining industry, this type of coal is known ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1916
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Svalbard
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Companies Of Norway
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal Companies Of Norway
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dagens Næringsliv
''Dagens Næringsliv'' (Norwegian for "Today's Business"), commonly known as ''DN'', is a Norwegian newspaper specializing in business news. , it is the third-largest newspaper in Norway. Editor-in-chief is Janne Johannessen, who was appointed in december 2021, as the first female in this position. ''Dagens Næringsliv'' is owned by media conglomerate Norges Handels og Sjøfartstidende (NHST Media Group), which also owns DN Nye Medier, DN.no ''Tradewinds'', ''Upstream'', '' DagensIT'', '' Smartcom'', Nautisk Forlag, ''Intrafish'', '' Fiskaren'', '' Europower'' and ''Recharge''. The paper has correspondents in New York, Brussels, Stockholm, Phuket, Kristiansand, Stavanger, Bergen, Trondheim and Tromsø. Its main editorial offices are in Oslo. History and profile The paper was founded by Magnus Andersen in 1889. Originally named ''Norges Handels og Sjøfartstidende'' (''Norway's Trade and Seafaring Times''), it was renamed ''Dagens Næringsliv'' in 1987. The paper has a neolibe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rune Endresen
Runes are the letters in a set of related alphabets known as runic alphabets native to the Germanic peoples. Runes were used to write various Germanic languages (with some exceptions) before they adopted the Latin alphabet, and for specialised purposes thereafter. In addition to representing a sound value (a phoneme), runes can be used to represent the concepts after which they are named (ideographs). Scholars refer to instances of the latter as ('concept runes'). The Scandinavian variants are also known as ''futhark'' or ''fuþark'' (derived from their first six letters of the script: '' F'', '' U'', '' Þ'', '' A'', '' R'', and '' K''); the Anglo-Saxon variant is ''futhorc'' or ' (due to sound-changes undergone in Old English by the names of those six letters). Runology is the academic study of the runic alphabets, runic inscriptions, runestones, and their history. Runology forms a specialised branch of Germanic philology. The earliest secure runic inscriptions date from aro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Hermansen
Robert Hermansen (born 1939 in Botne) is a Norwegian businessperson. He is a former chief executive of Store Norske Spitsbergen Kulkompani. He has been chairman of Troms Kraft since 2008. He has also chaired the board of the Regional Development Fund. In 2011, B. Thorsen of Økokrim reported that Hermansen had confessed to formal charges of corruption. At his trial, he confessed to formal charges of corruption on 23 September 2011. He was sentenced to 2 years in prison, by Nord-Troms District Court on 3 October 2011. His brother is Tormod Hermansen Tormod Hermansen (born 23 April 1940) is a former CEO of Telenor and State Secretary of Finansdepartementet (1978–1979). His brother is Robert Hermansen. References Norwegian chief executives Norwegian state secretaries 1940 b .... References {{DEFAULTSORT:Hermansen, Robert 1939 births Living people 21st-century Norwegian criminals Norwegian male criminals People from Vestfold Norwegian chief executive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Einar Sverdrup
Einar Sverdrup (18 December 1895 – 13 May 1942) was a Norwegian mining engineer and businessman. He was the CEO of the Store Norske Spitsbergen Kulkompani, operating at Svalbard. When the integrity of Svalbard was threatened during World War II, he volunteered for a military operation, but was killed in action during Operation Fritham. Personal life and career He was born in Solund as the son of Edvard Sverdrup and his wife Agnes, née Vollan. His father was stationed in Solund as a vicar. Einar Sverdrup was the grandson of vicar and politician Harald Ulrik Sverdrup, a grandnephew of Johan Sverdrup, a nephew of politician Jakob Sverdrup and theologian Georg Sverdrup, a half-brother of oceanographer Harald Ulrik Sverdrup, Jr., and a brother of engineer and military officer Leif Sverdrup and women's rights activist Mimi Sverdrup Lunden. On the maternal side he was a grandson of Ole Vollan, and a first cousin of Harald and Nordahl Grieg. Einar Sverdrup studied to be a mining e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hilmar Reksten
Hilmar August Reksten (29 October 1897 – 1 July 1980) was a Norwegian shipping magnate. In the autumn of 1973 he was counted among the world's richest men, possessing a fleet worth about £300,000,000. At his death in 1980, all was lost; he left behind a debt of about £100,000,000. Background Hilmar Reksten grew up in a small flat at Nordnes, a central quarter of Bergen. He was the eldest of three siblings; there was a younger brother called Hjalmar (1900–1961), and a sister, Sofie. Their mother, Helene Monsen Søndervåg (1869–1902), died when Reksten was only four years old. His father, Erik Reksten (1873–1963), was a stoker and later engineer, spending most of his time out to sea. He sent home money for the children's support. It was not until 1907 that Reksten senior had saved up enough money to stay more at home with his motherless children. The same year he married Hanna Gregoriussen, whom Reksten later began calling "mother", and who created a good home for he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extractivism
Extractivism is the process of extracting natural resources from the Earth to sell on the world market. It exists in an economy that depends primarily on the extraction or removal of natural resources that are considered valuable for exportation worldwide. Some examples of resources that are obtained through extraction include gold, diamonds, lumber and oil. This economic model has become popular in many Latin American countries but is becoming increasingly prominent in other regions as well. Many factors are involved in the process of extractivism. These include but are not limited to community members, transnational corporations (TNCs) and the government. Trends have demonstrated that countries do not often extract their own resources; extraction is often led from abroad. These interactions have contributed to extractivism being rooted in the hegemonic order of global capitalism. Extractivism is controversial because it exists at the intersection where economic growth and environ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
