Reitangruppen is a Norwegian conglomerate comprising five business areas:

REMA 1000 REMA 1000 (Bokmål: Rema tusen) is a multinational no-frills soft-discount grocery chain owned entirely by the Reitan Group (Reitangruppen). REMA is a short for ' (Reitan Food), referring to Odd Reitan (founder of the company). ''1000'' refer ...

, Reitan Convenience, Reitan Eiendom (Reitan Real Estate), Uno-X Energi (Uno-X Energy), and Reitan Kapital. Reitangruppen’s head office is at Lade Gaard in

Trondheim Trondheim ( , , ; sma, Tråante), historically Kaupangen, Nidaros and Trondhjem (), is a city and municipality in Trøndelag county, Norway. As of 2020, it had a population of 205,332, was the third most populous municipality in Norway, and ...

, Reitangruppen’s cultural and financial center. REMA 1000, Reitan Convenience, and Reitan Kapital has its operational center in

Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population ...

, while Reitan Eiendom is based in Trondheim. Uno-X Energy is based in Oslo and

Copenhagen Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan ar ...

, Denmark. Reitangruppen had a turnover in 2018 (including franchise sales) of 95 billion NOK, and employs 38,000 people in

Scandinavia Scandinavia; Sámi languages: /. ( ) is a subregion in Northern Europe, with strong historical, cultural, and linguistic ties between its constituent peoples. In English usage, ''Scandinavia'' most commonly refers to Denmark, Norway, and Swe ...

and the Baltic region. Reitangruppen’s mission is to manage strong and independent business areas in retailing and real estate.

History

The group started in 1948 when Ole Reitan opened the O. Reitan Kolonial store in Nonnegata in Trondheim. In 1972, Ole's son

Odd Reitan Odd Reitan (born 11 September 1951) is a Norwegian billionaire businessman. He was born in Trondheim. He is co-owner and CEO of the Reitan AS. Early life Reitan is the son of "single-store grocers", Ole Reitan and Margit Aarhaug. Career Reitan ...

started his own shop. He had returned from his education at the Retailing institute (Kjøpmannsinstituttet, now BI Retail) in

Bærum Bærum () is a municipality in the Greater Oslo Region in Norway that forms an affluent suburb of Oslo on the west coast of the city. Bærum is Norway's fifth largest municipality with a population of 128,760 (2021). It is part of the electoral ...

outside Oslo, and started the shop Sjokkpris ("shock price") in St. Olav's street in Trondheim. Father and son ran the business together as partners, and more shops were opened during the 70s. Based on an idea from abroad, Odd Reitan then established the retail chai
REMA 1000
(REitan MAt, "Reitan food") in 1979. The chain concept consisted of a standardised range of goods (in principle 1,000), a simple shop design and low prices. REMA 1000 was a breakthrough for discount grocery chains in Norway. In 1994, the first REMA 1000 store opens in

Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of Denmark , establish ...

. In 1995, Reitan Eiendom (Reitangruppen’s real estate business) is established. In 2000, Rema 1000 and Narvesen merges. In coming years Reitangruppen takes control over Reitan Narvesen AS and in 2004 Reitan Convenience is in charge of the brands

Narvesen Narvesen is a Norwegian chain of newsagents / convenience stores which, with its 370 outlets nationwide, is one of Norway's largest retailers. The company has since 2000 been part of the Reitan Group (''Reitangruppen''). Narvesens Kioskkompagni ( ...

and 7-Eleven. In 2006, Reitangruppen buys

Hydro Texaco YX Energi, formerly known as Hydro Texaco, is a Norwegian and Danish gas station chain formed after the merge of the Hydro and Texaco gas station chains in 1995. In 2006 the company was bought by Reitangruppen and incorporated into their chai ...

in Norway and Denmark and establishes a focused corporate structure based on the Uno-X and YX station networks in each country. In 2007, Reitan Convenience cooperates with

Shell Shell may refer to: Architecture and design * Shell (structure), a thin structure ** Concrete shell, a thin shell of concrete, usually with no interior columns or exterior buttresses ** Thin-shell structure Science Biology * Seashell, a hard o ...

and the convenience part of the gas stations becomes 7-Eleven. In 2012, Reitan Convenience buys R-Kioski with stores in

Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...

Estonia Estonia, formally the Republic of Estonia, is a country by the Baltic Sea in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the sea across from Sweden, to the south by Latvia, a ...

and Latvia and Lietuvos Spauda in Lithuania. In 2016, the fifth business area, Reitan Kapital is established. In 2017, The first YX/7-Eleven opens in Norway. In 2019, Reitan Convenience buys Caffeine Roasters with stores in Estonia, Latvia and Lithuania. In 2019, after three years of refurbishing, Odd Reitan fulfill his childhood dream by opening Britannia Hotel, a five star hotel in Trondheim.

References

External links

Official English-language website
{{Authority control Wholesalers of Norway Retail companies of Norway Holding companies of Norway Companies formerly listed on the Oslo Stock Exchange Companies based in Trondheim