Neha Patil (Editor)

Torghatten ASA

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Type
  
Operating income
  
NOK 126 million (2005)

Website
  
www.torghatten.no

Founded
  
1878

Area served
  
Industry
  
Net income
  
NOK 103 million (2005)

Headquarters
  
Number of employees
  
1,800 (2007)

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Revenue
  
NOK 1,557 million (2005)

Subsidiaries
  
Bastø Fosen, TrønderBilene, Norgesbuss

Torghatten asa


Torghatten ASA is a Norwegian shipping company based in Brønnøysund. The company's areas of operation include operating bus, car ferries, fast ferries, travel agencies, real estate, security and maintenance. The company's main asset is a 100% ownership in Fosen Trafikklag.

The companies ship operations include car- and passenger ferry operations in southern Helgeland, between Bindal and Sandnessjøen. TTS operates four bus routes out of Brønnøysund, to Mosjøen, Sandnessjøen Grong and Namsos.

In addition to operations in its own name, Torghatten owns 100% of Fosen Trafikklag. This company again operates car- and passenger ferries in Sør-Trøndelag, owns Bastø Fosen that operates the Bastø Ferry. It also owns Innherredsferja, Lekaferja, Norgesbuss and TrønderBilene, that again owns 74% of Gauldal Billag that owns Østerdal Billag. Furthermore, the company also has some joint venture in shipping, including 5% of Edda Gas (49% being owned by Bergesen d.y.) and 50% of an Aframax ship.

References

Torghatten ASA Wikipedia