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Ístak hf. A brief introduction to operations in Greenland. Ístak‘s annual turnover from 2003 – 2015 ( in million ISK ). All contracts 2006 – 2013 divided between countries. 15%. Greenland hydropower projects. Hydro Projects: Nuuk / Buksefjord 30 MW, started 1993 - PowerPoint PPT Presentation
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Ístak hfA brief introduction
to operations in Greenland
Ístak‘s annual turnover from 2003 – 2015 (in million ISK)
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Esti-
mate
2015 Esti-mate
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
22,000 Abroad - estimatedIceland - estimated#REF!JV IcelandIceland
All contracts 2006 – 2013 divided between countries
Iceland Norway Greenland Faroe Islands Jamaica0
10,000,000
20,000,000
30,000,000
40,000,000
50,000,000
60,000,000
70,000,000
80,000,000
90,000,000
100,000,000
RenovationRoads, tunnels and airstripsPower plants and industryHarbour projectsBuildings
All numbers are in thousand ISK
15%
Client: NUKISSIORFIITContractor: ÍSTAK for 3½ of the 5Construction time: see below
Hydro Projects:Nuuk / Buksefjord 30 MW, started 1993Tasiilaq 1,2 MW, 2002 - 2004Qorlortorsuaq 7,5 MW, 2004 - 2007Sisimiut 2x7,5 MW, 2007 - 2010Ilulissat 3x7,5 MW, 2010 – 2013
The last three were turn-key projects
Greenland hydropower projects
2012
Ilulissat - hydropower• Scope:
Construction of powerhouse cavern, headrace-, tailrace tunnels, turbine installation and high voltage transmission line.
• Contract: Turn key.
• Time schedule:May 10 – Dec 13
• Contract sum: 107 M USD
6
7
5419 – Ilulissat
5419 – Ilulissat
10
Tucon SlovakiaKössler AustriaEtra SloveniaLDW GermanyABB DenmarkMetalvar Slovenia/SerbiaDalekovod Croatia
Subcontractors
Supp
liers
from
G
reen
land
Supp
liers
from
G
reen
land
Total Contract 600 M DKK
Suppliers and subcontr.in Greenland 120 M
DKK
Salariesin Greenland 150 M
DKK(thereof taxes paid 60 M
DKK)
Other projects in Greenland• Client: Municipalities in Nuuk,
Ummannaq • Contractor: ÍSTAK • Construction time: Mars 2009–Sept
2011
Construction Projects:Nuuk Elementary school – finished 2011Nuuk Playschool and kindergarten – f. 2011Ummannaq High school dorm renovation - 2013
Various tunnel projects
Sisimiut 2006 – 2010
Hammerfest 2010 - 2012
Quassimiut 2004 - 2008
Suðuroy 2005 – 2007
Bergen 2009 – 2011
Ilulissat 2010 – 2013
Fáskrúðs-fjarðargöng 2004 - 2006
Alta 2011 - 2013
Hraunaveitur 2007 – 2008
Målvikhammar 2011 - 2013
Búðarháls 2010 – 2013 Lovraeidet
2012 – 2014
Talvik 2011 - 2013
Narvik 2013 – 2015
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