Narvesen

Narvesen
IndustryRetailing
FounderBertrand Narvesen
Area served
Norway, Latvia, Lithuania
Revenue€80.725 million (2019)[1]
ParentReitan
Websitenarvesen.no
A Narvesen store in Vilnius, Lithuania
A Narvesen store in Hønefoss, Norway

Narvesen is a Norwegian chain of newsagents / convenience stores which, with its 370 outlets nationwide, is one of Norway's largest retailers. The company has since 2000 been part of the Reitan Group (Reitangruppen).[2][3][4]

Narvesens Kioskkompagni (the name later shortened to Narvesen) was established by the businessman and merchant Bertrand Narvesen (1860–1939) who in 1894 received approval from Norwegian State Railways to take over the sale of all newspapers, magazines, and travel literature on its stations. Narvesen became a nationwide joint stock company in 1928.[5]

A Narvesen in Riga

Today Narvesen also operates 249 stores in Latvia[6] and a further 260 stores in Lithuania, where it shares market with Lietuvos spauda [lt], also owned by Reitangruppen since 2012.[7][8]

Narvesen's presence in Latvia began in 1997, and greatly expanded when the company acquired the Preses apvienība chain of kiosks in 2000.[9] The chain had a market share of 41% in 2020.[10]

References

  1. ^ "Turnover of Narvesen Baltija retailer saw 3.8% rise in 2019", www.baltic-course.com
  2. ^ "Narvesen". Visitoslo.com. Accessed May 2011.
  3. ^ "Narvesen". Store norske leksikon. Retrieved July 1, 2017.
  4. ^ "Reitangruppen". Store norske leksikon. Retrieved July 1, 2017.
  5. ^ Egil Tveterås. "Bertrand Narvesen". Norsk biografisk leksikon. Retrieved July 1, 2017.
  6. ^ Narvesen in Latvia Accessed August 2016.
  7. ^ Narvesen in Lithuania Accessed September 2015.
  8. ^ "Narvesen I Dag - Et Vindu Mot Verden". Narvesen. Retrieved July 1, 2017.
  9. ^ "Narvesen Baltija to merge with Preses apvieniba". The Baltic Course. 2013-11-13. Retrieved 2022-05-01.
  10. ^ "Annual Report 2020 - Reitan Convenience" (PDF). Reitan. pp. 8–9.