Greenland Business and Investment

Bankivik is empowering growth in Greenland As Greenland's economic landscape evolves, BankNordik is playing a pivotal role in helping businesses and individuals navigate new opportunities. With over a century of experience, the bank combines deep local knowledge with innovative solutions to foster sustainable growth. One standout example is its partnership with Halibut Greenland, which has grown into Greenland’s third-largest fishing company. By providing tailored financial advice and flexible financing, Bankivik has enabled the company to expand its processing capacity, launch new export products, and create jobs in local communities. “Bankivik has been a key partner for us, offering support in both good times and challenging periods like Covid-19,” says Erik Sivertsen, CEO of Halibut Greenland. “Their understanding of our industry and the Greenlandic context makes them a trusted advisor.” At the same time, Bankivik is making strides in enhancing digital services for private customers, offering convenient access to banking solutions anywhere in Greenland. The bank’s competitive savings interest rates, now up to 3%, further underline its commitment to delivering value to its customers. With an optimistic outlook on Greenland’s future, Bankivik continues to support local businesses and communities in unlocking their full potential. Read more about how Bankivik is shaping Greenland’s growth journey in Greenland Business, page 16: https://lnkd.in/erxuQeY7 #GreenlandBusiness #BankingInnovation #SustainableGrowth #Greenland #Finance #LocalDevelopment #Partnerships #DigitalBanking #HalibutGreenland

KJ Greenland builds connections across Greenland from Disko Bay to the Arctic north As KJ Greenland sharpens its focus on its home turf around the Disko Bay, it’s also breaking new ground—both literally and figuratively—by innovating logistics solutions to tackle Greenland’s unique challenges. From the Disko Bay to Greenland’s remote northern settlements, KJ Greenland’s presence is felt wherever cranes rise and infrastructure takes shape. With a workforce of 250-300 employees and deep local roots, the company has become a cornerstone of Greenland’s construction and mining industries. Recent years have seen KJ Greenland take on some of the nation’s most ambitious projects, including constructing key facilities for two of Greenland’s new international airports and overseeing a major harbor modernization in Maniitsoq. These large-scale projects showcase the company’s ability to grow alongside Greenland’s evolving infrastructure needs. But KJ Greenland’s vision goes beyond building structures—it’s about building Greenland’s future. The company invests heavily in local talent, offering apprenticeships and mentorship programs to young Greenlanders while fostering collaboration across a diverse team of local, Danish, and international workers. Explore the full story of how KJ Greenland is shaping Greenland’s infrastructure and empowering its workforce in Greenland Business, page 12: https://lnkd.in/efX_UP-a #GreenlandBusiness #Infrastructure #Sustainability #LocalTalent #Greenland #Construction #WorkforceDevelopment #Innovation #DiskoBay #ArcticEngineering

NunaGreen is driving Greenland’s green energy revolution Greenland has the potential to play a central role in the global green transition, particularly through its abundant hydropower resources. But how can this potential be turned into reality? In this article, NunaGreen’s CEO, Aviaaja Karlshøj Knudsen, sheds light on: · Greenland’s largest construction project to date – the expansion of the Utoqqarmiut Kangerluarsunnguat hydropower plant near Nuuk. · Building partnerships to export Greenland’s renewable energy to international markets. · The exploration of innovative energy solutions, including Power-to-X technologies. By combining strategic planning, international collaboration, and local capacity building, NunaGreen is working to position Greenland as a global leader in sustainable energy while strengthening its local economy. Learn more about the ambitious plans for Greenland’s green energy future in the magazine, Greenland Business, page 8: https://lnkd.in/efX_UP-a #GreenEnergy #NunaGreen #Greenland #Sustainability #Hydropower #RenewableEnergy #GlobalTransition

How Air Greenland is preparing for the future How can Greenland unlock the full potential of its new international airports in Nuuk and Ilulissat? And how is Air Greenland preparing for increased competition and new growth opportunities? Read an exclusive interview with Jacob Nitter Sørensen, CEO of Air Greenland, where he shares insights on: · Strengthening collaboration with international airlines · Expanding charter flights, logistics, and tourism · Ensuring growth across Greenland – even outside the peak season Jacob Nitter Sørensen emphasizes that the new airports are not just a milestone for air traffic but a pivotal moment for Greenland’s broader development. Discover how Air Greenland views future growth as a shared effort for the entire society, page 4: https://lnkd.in/efX_UP-a #AirGreenland #Greenland #Business #Strategy #Growth #Infrastructure

Greenland Business – English edition – out now The magazine will be available as an in-flight publication on Air Greenland from late December and across selected digital platforms, including the Air Greenland app and Club Timmisa. This ensures wide reach to business leaders, investors, and decision-makers. Greenland Business is also utilized at international conferences and events and is distributed to Greenlandic representations, selected hotels in Greenland, foreign embassies in Copenhagen, and key Danish embassies worldwide. This year’s theme explores the transformative opportunities and challenges presented by Greenland’s new airports. With a focus on growth potential in tourism, logistics, and exports, the magazine highlights how businesses can strategically adapt to and leverage these changes. In this edition, you’ll find: · Strategic analyses of Greenland’s future business opportunities. · Perspectives on growth in tourism, natural resources, and infrastructure. · Insights into how Greenland can strengthen its global positioning. Don’t miss this year’s most essential publication on Greenland’s business landscape: https://lnkd.in/erxuQeY7 #GreenlandBusinessMagazine #Greenland #Business #Strategy #Growth #Infrastructure #AirGreenland

Greenland Business Magazine launches today The new edition of Greenland Business Magazine is now available as an exclusive supplement in Børsen and as a digital edition in Jyllands-Posten. This year’s theme focuses on the transformative opportunities and challenges presented by Greenland’s new airports. With a spotlight on growth potential in tourism, logistics, and exports, the magazine explores how businesses can adapt to the new landscape and strategically seize emerging opportunities. Later, the magazine will also be available as an in-flight publication on Air Greenland and via selected digital platforms, ensuring it reaches business leaders, investors, and decision-makers alike. In this edition, you can read: Strategic analyses of Greenland’s future business opportunities. Perspectives on growth within tourism, raw materials, and infrastructure. Insights into how Greenland can strengthen its global position. Don’t miss this year’s most essential publication on Greenland’s business landscape: https://lnkd.in/d_u4QRCp #GreenlandBusinessMagazine #Greenland #Business #Strategy #Growth #Infrastructure #Børsen #AirGreenland

Greenland Business Magazine launches today The new edition of Greenland Business Magazine is now available as an exclusive supplement in Børsen and as a digital edition in Jyllands-Posten. This year’s theme focuses on the transformative opportunities and challenges presented by Greenland’s new airports. With a spotlight on growth potential in tourism, logistics, and exports, the magazine explores how businesses can adapt to the new landscape and strategically seize emerging opportunities. Later, the magazine will also be available as an in-flight publication on Air Greenland and via selected digital platforms, ensuring it reaches business leaders, investors, and decision-makers alike. In this edition, you can read: Strategic analyses of Greenland’s future business opportunities. Perspectives on growth within tourism, raw materials, and infrastructure. Insights into how Greenland can strengthen its global position. Don’t miss this year’s most essential publication on Greenland’s business landscape: https://lnkd.in/d_u4QRCp #GreenlandBusinessMagazine #Greenland #Business #Strategy #Growth #Infrastructure #Børsen #AirGreenland

Arctic Capacity is navigating uncharted territory in Greenland “There was terrible weather with fog and snowfall and absolutely no visibility - a total whiteout, where we drove blindly. The low visibility made it impossible to navigate a good route and we got stuck in the  slush ice below the snow crust and had to do 70-75 winch recoverys anchored in the ice or to one of the other cars. We did this over a distance of 200 kilometers,” says Henrik Lassen Mastering the complexities of logistics and strategic operations in some of the world's most forbidding terrains, Arctic Capacity, under the seasoned leadership of Henrik Lassen, a former Sirius Patrol leader, showcases exceptional expertise in navigating Greenland's remote areas. Innovative strategies and meticulous planning empower clients from the raw materials industry and scientific research sectors to achieve their goals in extreme environments. In May 2023, Arctic Capacity was contracted by an Australian mineral exploration company to lead an expedition. The mission involved navigating three amphibious all-terrain vehicles from Constable Pynt in East Greenland, where they had been delivered, and then driving 200 kilometers north through Greenland's most impassable terrain. Read the story on pages 100-101 of the new edition of Business in Greenland https://lnkd.in/e53m7ZkC #Leadership #BusinessExcellence #Innovation #ArcticExploration

Arctic Capacity is navigating uncharted territory in Greenland “There was terrible weather with fog and snowfall and absolutely no visibility - a total whiteout, where we drove blindly. The low visibility made it impossible to navigate a good route and we got stuck in the  slush ice below the snow crust and had to do 70-75 winch recoverys anchored in the ice or to one of the other cars. We did this over a distance of 200 kilometers,” says Henrik Lassen Mastering the complexities of logistics and strategic operations in some of the world's most forbidding terrains, Arctic Capacity, under the seasoned leadership of Henrik Lassen, a former Sirius Patrol leader, showcases exceptional expertise in navigating Greenland's remote areas. Innovative strategies and meticulous planning empower clients from the raw materials industry and scientific research sectors to achieve their goals in extreme environments. In May 2023, Arctic Capacity was contracted by an Australian mineral exploration company to lead an expedition. The mission involved navigating three amphibious all-terrain vehicles from Constable Pynt in East Greenland, where they had been delivered, and then driving 200 kilometers north through Greenland's most impassable terrain. Read the story on pages 100-101 of the new edition of Business in Greenland https://lnkd.in/e53m7ZkC #Leadership #BusinessExcellence #Innovation #ArcticExploration

Arctic Excursions is unveiling Greenland’s untapped adventures Arctic Excursions, a pioneer in Greenland's tourism industry, is revolutionizing the way tourists explore Greenland´s  beautiful landscapes. As part of the Greenland Travel group, they have leveraged over 35 years of industry expertise to connect tourists with the rich tapestry of Greenlandic culture and adventure. The company offers a new platform that not only enhances visibility for local tour operators but also enriches the tourist experience, offering everything from whale watching to the thrill of dog sledding. Arctic Excursions expands its reach to every corner of Greenland, with 70 operators and counting. Dive into a world where tradition meets the future. Discover more about how they are making Greenland accessible to the world and fostering local economic growth through sustainable tourism. Read the story on pages 54-56 of the new edition of Business in Greenland https://lnkd.in/e53m7ZkC #GreenlandTourism #AdventureTravel #SustainableTourism #ArcticExcursions