TK Brøvig
Encyclopedia
T. K. Brøvig AS is a Norwegian
holding company
concentrating on bus operation
in Vest-Agder
. The company owns Bussen Trafikkselskap
, Sørlandsruta
and Vaagsbygdruta. The holding company was founded in 1965 by Tørres Kristian Brøvig and now controls about 85% of all bus operations in Vest-Agder. In total the corporation
has 410 employees, 210 buses and a revenue of NOK
235 million per year.
Norway
Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...
holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
concentrating on bus operation
Bus
A bus is a road vehicle designed to carry passengers. Buses can have a capacity as high as 300 passengers. The most common type of bus is the single-decker bus, with larger loads carried by double-decker buses and articulated buses, and smaller loads carried by midibuses and minibuses; coaches are...
in Vest-Agder
Vest-Agder
In the 16th century, Dutch merchant vessels began to visit ports in southern Norway to purchase salmon and other goods. Soon thereafter the export of timber began, as oak from southern Norway was exceptionally well suited for shipbuilding...
. The company owns Bussen Trafikkselskap
Bussen Trafikkselskap
Bussen Trafikkselskap was a Norwegian bus company that operated the city bus in Kristiansand and surrounding areas Vennesla, Søgne and Songdalen. The company had about 300 employees and operates on contract with Vest-Agder Kollektivtrafikk...
, Sørlandsruta
Sørlandsruta
Sørlandsruta is a Norwegian bus company that operates in Western Vest-Agder. The company has about 100 employees and operates on contract with Vest-Agder Kollektivtrafikk with base in Mandal. The most important route is Kristiansand - Mandal - Farsund that operates on a half-hour headway and is...
and Vaagsbygdruta. The holding company was founded in 1965 by Tørres Kristian Brøvig and now controls about 85% of all bus operations in Vest-Agder. In total the corporation
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...
has 410 employees, 210 buses and a revenue of NOK
Norwegian krone
The krone is the currency of Norway and its dependent territories. The plural form is kroner . It is subdivided into 100 øre. The ISO 4217 code is NOK, although the common local abbreviation is kr. The name translates into English as "crown"...
235 million per year.