LNS Achieves Milestone with First-Ever NOK Three Billion Turnover The Northern Norwegian contractor company Leonhard Nilsen & Sønner (LNS) reached the NOK three billion mark in turnover for the first time in 2023. However, the company has made up the losses for the LNS-owned ruby mine in Greenland, which somewhat lowers the results.
Difficult Financial Situation for LNS-Owned Ruby Mine in Greenland The board of Greenland Ruby has applied for reconstruction of the company in an attempt to avoid bankruptcy. CEO Arnt Eirik Rørnes says increased interest rates, inflation, and high cost of living has made the market significantly more demanding in the past years.
North Norwegian Company LNS Signs Major Contract with Equinor LNS has been awarded a NOK 1.5 billion construction contract in connection with the electrification of the Melkøya LNG plant in Finnmark. "This shows that companies in Northern Norway can also assert themselves on the largest and most complex projects," says Frode Nilsen, CEO of LNS.
Nussir, LNS and Kimek Hope to Commence in First Quarter of 2021 “We really believe in Nussir and the people behind this project. We also believe in the future development of the price of copper, and we believe in developing the region in which this project will take place”, says CEO of LNS, Jonas Tetlie.
Nussir Signs Billion Deal with LNS The Norwegian mining company Nussir ASA has selected Leonard Nilsen & Sons (LNS) to be the contractor for mine construction and underground operations. The contract negotiations are expected to be finalized in shortly.
When the “Completely Honest” Hurtigruten Uses the Police to Shield it from the Public Commentary: While the British company Hurtigurten ASA pushes the police before itself as a shield and makes itself unavailable for public scrutiny, companies with North Norwegian roots deliver results that are out of this world. Even internationally, an arena where – sadly – Hurtigruten is still the company placing Northern Norway on the map.
Emission-Free Tunnel and Mining Operations in 5-10 Years Both Swedish mining giant LKAB and Norwegian contractor LNS promise carbon-free mining in only a few years’ time. – We are well underway in our electrification processes, say their respective managers.
