Tschudi Group
Encyclopedia
Tschudi Group is a private shipping and investment
Investment company
An investment company is a company whose main business is holding securities of other companies purely for investment purposes. The investment company invests money on behalf of its shareholders who in turn share in the profits and losses....

 company based in Oslo
Oslo
Oslo is a municipality, as well as the capital and most populous city in Norway. As a municipality , it was established on 1 January 1838. Founded around 1048 by King Harald III of Norway, the city was largely destroyed by fire in 1624. The city was moved under the reign of Denmark–Norway's King...

, Norway
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...

. Among the shipping companies owned are Eesti Merelevandus, TECO Lines, International Transport Contractors Management, First Baltic Shipmanagement and Rederiet Otto Danielsen as well as the inhouse groups Tschudi Management and Tschudi Road Transport and the former mining company Sydvaranger
Sydvaranger
Sydvaranger was the company that operated the Bjørnevatn Mine in Kirkenes, Norway between the start in 1906 until 1996. Since then the company has mainly been concerned with cleaning up the industrial areas and business development...

.

The company was created by a demerger of Tschudi & Eitzen when the Tschudi family took over part of the company while the rest continued as the Eitzen Group
Eitzen Group
Eitzen Group is a shipping and investment corporation based in Oslo, Norway. The mother company is Eitzen Holding AS and is entirely owned by the Eitzen family which owns Eitzen Invest and 53.7% of Camillo Eitzen & Co...

 owned by the Eitzen family. Tschudi & Eitzen dates back to 1883. In 2007 the group sold its last ore-bulk-oil carrier
Ore-bulk-oil carrier
An Ore-bulk-oil carrier, also known as combination carrier or OBO, is a ship designed to be capable of carrying wet or dry cargoes. The idea is to reduce the number of empty voyages, in which large ships only carry a cargo one way and return empty for another. These are a feature of the larger...

and left that sector.
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