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TFDS
Troms Fylkes Dampskibsselskap or TFDS is a defunct Norwegian shipping company that also has activities in public transport and tourism. Based in Tromsø the company was one of the two operators of the Coastal Express and also operated a number of car ferries and passenger ferries, primarily in Troms. It also operated three supply ships and some other vessels as of 2006. In 2004 TFDS had bought the bus company TIRB. The company dates back to 1866 and has had a number of activities within shipping. It was listed on the Oslo Stock Exchange until 2006 when it merged with Ofotens og Vesteraalens Dampskibsselskab to create Hurtigruten Group Hurtigruten AS is a Norwegian coastal ferry service and cruise line headquartered in Oslo, Norway. It operates ''Hurtigruten'', the coastal ferry service along the Norwegian coast from which it takes its name. In 2020, 81% of the company was o .... At the time of the merger the group had 38 ships, 123 buses and 86 trucks. Ferry companie ...
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Hurtigruten Group
Hurtigruten AS is a Norwegian coastal ferry service and cruise line headquartered in Oslo, Norway. It operates ''Hurtigruten'', the coastal ferry service along the Norwegian coast from which it takes its name. In 2020, 81% of the company was owned by TDR Capital. The CEO is Daniel Skjeldam. History Hurtigruten AS is the result of a merger between the two previous operators of the Hurtigruten service, Troms Fylkes Dampskibsselskap (TFDS) and Ofotens og Vesteraalens Dampskibsselskab (OVDS). TFDS was founded in 1866, and OVDS was established in 1868. The two companies merged in March 2006 to form Hurtigruten Group ASA, and twelve months later the merged entity assumed the name Hurtigruten ASA. In 2012, the company headquarters was moved from Narvik to Tromsø. In October 2014, TDR Capital purchased a majority ownership of Hurtigruten. In 2015, the legal form of Hurtigruten was changed from ASA to AS. Operations Coastal express service Hurtigruten AS is the sole operator of t ...
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Hurtigruten
''Hurtigruten'' (), formally Kystruten Bergen-Kirkenes ("coastal route Bergen- Kirkenes"), is a Norwegian public coastal route transporting passengers that travel locally, regionally and between the ports of call, and also cargo between ports north of Tromsø. Hurtigruten provides daily, year-round and consistent traffic between Bergen and Kirkenes with 34 ports of call on northbound and 33 ports of call on southbound sailings. The Ministry of Transport and Communications in Norway has set minimum capacity requirements of 320 passengers, 120 berths and cargo for 150 Euro-pallets. The current agreement with the privately held company Hurtigruten AS entered into force on 1 January 2012 and expired on 31 December 2019, with an optional 1-year extension. From 2021 the two companies Hurtigruten AS and Havila Kystruten AS will operate the route. As of April 2022, one of the ships of Havila Kystruten was taken out of service; because of sanctions as a result of the 2022 Invasion of U ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Transport Companies Disestablished In 2006
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may incl ...
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Transport Companies Established In 1866
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may inclu ...
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Companies Formerly Listed On The Oslo Stock Exchange
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 ...
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Defunct Shipping Companies Of Norway
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Ferry Companies Of Norway
A ferry is a ship, watercraft or amphibious vehicle used to carry passengers, and sometimes vehicles and cargo, across a body of water. A passenger ferry with many stops, such as in Venice, Italy, is sometimes called a water bus or water taxi. Ferries form a part of the public transport systems of many waterside cities and islands, allowing direct transit between points at a capital cost much lower than bridges or tunnels. Ship connections of much larger distances (such as over long distances in water bodies like the Mediterranean Sea) may also be called ferry services, and many carry vehicles. History In ancient times The profession of the ferryman is embodied in Greek mythology in Charon, the boatman who transported souls across the River Styx to the Underworld. Speculation that a pair of oxen propelled a ship having a water wheel can be found in 4th century Roman literature "''Anonymus De Rebus Bellicis''". Though impractical, there is no reason why it could not work ...
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Ofotens Og Vesteraalens Dampskibsselskab
Ofotens og Vesteraalens Dampskibsselskab or OVDS was a Norwegian shipping company that operated ferries in Northern Norway, including the Coastal Express, car ferries and passenger ferries. The company merged with Troms Fylkes Dampskibsselskap in 2006 to form Hurtigruten Group. OVDS's main office was in Narvik while the ferry section was located in Stokmarknes. The company had about 1,500 employees at the time of the merger and operated 14 coastal expresses, 18 car ferries and 14 passenger ferries. OVDS was created as a merger between the two shipping companies Vesteraalens Dampskibsselskab Vesteraalens Dampskibsselskab was a Norway, Norwegian shipping company that operated ferry, ferries in Northern Norway. The ferry service was founded by Richard With on 10 November 1881 at Stokmarknes in Nordland, Norway. That same year, the ship ... (VDS, established in 1881) and Ofoten Dampskipsselskap (ODS, established in 1912). References Ferry companies of Norway Defunct shi ...
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Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is a legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. A deal may be euphemistically called a ''merger of equals'' if both CEOs agree that joining together is in the best interest of both of their companies. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. In most countries, mergers and acquisitions must comp ...
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Oslo Stock Exchange
Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments. The Euronext consortium of European stock exchanges controls Oslo Stock Exchange as of June 2019. History Oslo Børs was established by a law of September 18, 1818. Trading on Oslo Børs commenced on April 15, 1819. In 1881, Oslo Børs became a stock exchange, which means securities were listed. The first listing of securities contained 16 bond series and 23 stocks, including the Norwegian central bank (Norges Bank). Oslo Børs cooperates with London Stock Exchange on trading systems. The exchange has also a partnership with the stock exchanges in Singapore and Toronto (Canada) for a secondary listing of companies. The stock exchange was privatized in 2001, and is, after the merger in 2007, 100% own ...
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Troms
Troms (; se, Romsa; fkv, Tromssa; fi, Tromssa) is a former county in northern Norway. On 1 January 2020 it was merged with the neighboring Finnmark county to create the new Troms og Finnmark county. This merger is expected to be reversed by the government resulting from the 2021 Norwegian parliamentary election. It bordered Finnmark county to the northeast and Nordland county in the southwest. Norrbotten Län in Sweden is located to the south and further southeast is a shorter border with Lapland Province in Finland. To the west is the Norwegian Sea (Atlantic Ocean). The entire county, which was established in 1866, was located north of the Arctic Circle. The Troms County Municipality was the governing body for the county, elected by the people of Troms, while the Troms county governor was a representative of the King and Government of Norway. The county had a population of 161,771 in 2014. General information Name Until 1919, the county was formerly known as ''Tromsø a ...
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