state owned industry infrastructure founded 1916 headquarters ny lesund norway area served svalbard key people ole charles ryder iseth ceo revenue nok 36.8 million 2005 net income nok 0.2 million 2005 number of 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 lesund on svalbard . the settlement the most northerly civilian in the world serves research staff . the company provides the necessary infrastructure such as transport including the airport ny lesund airport hamnerabben real estate power and water supply catering and other facilities . the company is also responsible for administering bj rn en as a government enterprise that owns the entire island of bj rn ya bear island . in the summer the company also handles cruise ships that arrive at ny lesund . history edit wikimedia commons has media related to kings bay . 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 lesund 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 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 agriculture archaeology cannabis outline economy geography history languages museums in fiction politics act longyearbyen community council governor treaty visa policy settlements barentsburg hopen radio longyearbyen ny lesund isbj rnhamna sveagruva former settlements advent city b lsche ya finneset g shamna grumant hiorthhamn isfjord radio kobbefjorden l gerneset pyramiden smeerenburg virgohamna ytre norsk ya environment climate flora protected areas islands barents ya bear island edge ya hopen kong karls land kvit ya nordaustlandet prins karls forland sju yane spitsbergen thousand islands wilhelm island land areas spitsbergen albert i land andr e land b nsow land dickson land haakon vii land heer land james i land nathorst land nordenski ld land ny friesland olav v land oscar ii land sabine land s rkapp land torell land wedel jarlsberg land nordaustlandet gustav adolf land gustav v land orvin land national parks forlandet national park indre wijdefjorden nordenski ld land nordre isfjorden land northwest spitsbergen sassen b nsow land s r spitsbergen companies arctic coal company arktikugol bj rn en kings bay store norske research arctic yellow river station dirigibile italia arctic 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 barentsburg heliport heerodden ny lesund airport hamnerabben pyramiden heliport svalbard airport longyear svalbard rocket range svea airport this svalbard related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title kings bay company & oldid 702271020 categories power companies of norwayairport operatorsgovernment owned companies of norwaycompanies based in svalbardcompanies established in 19161916 establishments in norwaycoal companies of norwaymining in svalbardny lesundsvalbard stubshidden categories commons category with local link different than on wikidataall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages catal danskdeutschitalianonorsk bokm l edit links this page was last modified on 29 january 2016 at 15 02 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view