Bjørnøen AS is a Norwegian government enterprise that owns all land and some heritage buildings on the uninhabited overseas territory of Bjørnøya. The company is managed by Kings Bay AS, and does not have any employees. It is owned by the Norwegian Ministry of Trade and Industry, who own the company as part of a strategy to claim sovereignty of the island.
Kings Bay is responsible for the administration of the company, financed through the ordinary state subsidies to Kings Bay. The company has the same board of directors and managing director as Kings Bay. The Norwegian Meteorological Institute rents some land for a meteorological station on the island. They are also responsible for coordinating any scientific activities on the island, that (with a few exceptions) became a nature reserve on August 16, 2002.
History
The company was founded as I/S Bjørnøen Kulkompani on June 3, 1918 to perform coal mining on Bjørnøya. It was nationalized in 1932 and became a subsidiary of Kings Bay in 1967.
Companies wholly owned by the Government of Norway |
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List of Norwegian government enterprises |
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NOK 213,000 (2005)