Kings Bay (company)

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Kings Bay AS

Type	State owned
Industry	Infrastructure
Founded	1916
Headquarters	Ny-Ålesund, Norway
Area served	Svalbard
Key people	Knut M. Ore (CEO)
Revenue	NOK 36.8 million (2005)
Net income	NOK 0.2 million (2005)
Employees	32 (2007)
Parent	Norwegian Ministry of Trade and Industry
Website	www.kingsbay.no

In the mine Agnes
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 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 administrating Bjørnøen AS, a government enterprise that owns the entire island of Bjørnøya (Bear Island). In the summer the company also handles cruise ships that arrive at Ny-Ålesund.

History

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It was in 1916 that the company was founded, 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. A research facility was subsequently set up in at Ny-Ålesund, to be run by the company.

v t e Companies wholly owned by the Government of Norway

Airport Express Train Argentum BaneService Electronic Chart Centre Entra Eiendom Gassco Kings Bay Mesta Norwegian Broadcasting Corporation Norsk Tipping Norway Post Norwegian State Railways Petoro Secora SIVA Statkraft Statnett Store Norske Uninett Vinmonopolet

List of Norwegian government enterprises

v t e Svalbard

General	Outline Economy Geography History Languages In fiction

Politics	Act Community Council Governor Treaty

Settlements	Barentsburg Longyearbyen Ny-Ålesund Nybyen Sveagruva

Former settlements	Bölscheøya Grumant Kobbefjorden Lægerneset Pyramiden Smeerenburg Virgohamna Ytre Norskøya

Environment	Climate Flora Protected areas

Islands	Barentsøya Bjørnøya Edgeøya Hopen Kong Karls Land Kvitøya Nordaustlandet Prins Karls Forland Sjuøyane Spitsbergen Tusenøyane Wilhelmøya

Land areas	Spitsbergen: Albert I Land Andrée Land Bünsow Land Dickson Land Haakon VII Land Heer Land James I Land Nathorst Land Nordenskiöld Land Ny-Friesland Olav V Land Oscar II Land Sabine Land Sørkapp Land Torell Land Wedel Jarlsberg Land Nordaustlandet: Gustav Adolf Land Gustav V Land Orvin Land

National parks	Forlandet National Park Indre Wijdefjorden Nordenskiöld Land Nordre Isfjorden Land Northwest Spitsbergen Sassen – Bünsow Land Sør-Spitsbergen

Companies	Arctic Coal Company Arktikugol Bjørnøen Kings Bay Store Norske

Research	Arctic Yellow River Station Himadri Station Norwegian Polar Institute Polish Polar Station Seed Vault University Centre Zeppelin Station

Telecommunications	Hopen Radio Isfjord Radio Kongsfjord Telemetry Station .sj Satellite Station Svalbard Radio Undersea Cable

Transport	Svalbard Airport, Longyear Ny-Ålesund Airport, Hamnerabben Svalbard Rocket Range Svea Airport

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