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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
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Ístakhf A brief introduction to operations in Greenland
Greenland hydropower projects Hydro Projects: Nuuk / Buksefjord 30 MW, started 1993 Tasiilaq 1,2 MW, 2002 - 2004 Qorlortorsuaq 7,5 MW, 2004 - 2007 Sisimiut 2x7,5 MW, 2007 - 2010 Ilulissat 3x7,5 MW, 2010 – 2013 The last three were turn-key projects 2012 Client: NUKISSIORFIIT Contractor: ÍSTAK for 3½ of the 5 Construction time: see below
Ilulissat - hydropower • Scope: • Construction of powerhouse cavern, headrace-, tailrace tunnels, turbine installation and high voltage transmission line. • Contract: • Turn key. • Time schedule: May 10 – Dec13 • Contract sum: 107 M USD
Subcontractors TuconSlovakia KösslerAustria EtraSlovenia LDW Germany ABB Denmark Metalvar Slovenia/Serbia DalekovodCroatia
Suppliers from Greenland Total Contract 600 M DKK Suppliers and subcontr. in Greenland 120 M DKK Salaries in Greenland 150 M DKK (thereof taxes paid 60 M DKK)
OtherprojectsinGreenland • Client: MunicipalitiesinNuuk, Ummannaq • Contractor: ÍSTAK • Construction time: Mars 2009–Sept 2011 Construction Projects: Nuuk Elementary school – finished 2011 Nuuk Playschool and kindergarten – f. 2011 Ummannaq High school dorm renovation - 2013
Various tunnel projects Hammerfest2010 - 2012 Alta 2011 - 2013 Talvik 2011 - 2013 Ilulissat 2010 – 2013 Narvik 2013 – 2015 Målvikhammar 2011 - 2013 Sisimiut 2006 – 2010 Fáskrúðs-fjarðargöng 2004 - 2006 Hraunaveitur 2007 – 2008 Bergen 2009 – 2011 Búðarháls 2010 – 2013 Suðuroy 2005 – 2007 Lovraeidet 2012 – 2014 Quassimiut 2004 - 2008