Reitangruppen

The Reitan Group was established in the year 1948 by Margit and Ole Reitan. Its headquarters is found in Trondheim, Norway. It is a retailer and is one of the largest companies in Norway. Its subsidiaries are the Rema 1000, Reitan Convenience, Uno-x Energi, Reitan real estate and Reitan Capital.

The company has 3836 stores in Norway, Sweden, Denmark, Finland, Estonia, Latvia and Lithuania. Moreover it created employment for 37,000 people to work for the goal of the company. Besides, in the financial year 2017, the firm obtained a total revenue of 89000 million euros.

Additionally, the enterprise has five main business areas:

• Rema 1000 - It has 1000 supermarkets and in the financial year 2016, it achieved a total revenue of 7000 million euros.
• Reitan Convenience - It has 2299 outlets hence has a market leading position in all its countries. In the financial year 2016, it obtained a total revenue of 1000 million euros.
• Uno-x energi - It is a fuel and lubricating oil company and it provides high quality oil products. Also there are oil products available especially to maintain environmental friendliness. It has 110 stations in Norway and its revenue in the financial year 2016 was 875 million euros.
• Reitan Real Estate - It manages the large real estate portfolios and also the Rema properties.
• Reitan Capital - It manages and develops financial values for the Reitan Group.

In the year 2016, Reitan obtained the “Innovator of the year Award” as it was believed that it was the most innovative business in food retail across Norway.

The firm’s objective is to be the most constructive company and it is continually working hard to make its business as environmentally friendly as possible hence promoting sustainability and reducing electricity consumption, fuel and CO2 emissions.