History
Magn was established in 1925, when Christian Holm Jacobsen began selling oil from Shell in the Faroe Islands. Christian Holm Jacobsen operated until 1953, when the company was bought by Shell and named Shell Faroe Islands. Shell Faroe Islands was an independent entity within the Shell Group until 2007, when investors bought the company out of the Shell group and named it Magn. Magn still handles the sales of all Shell lubricants in the Faroe Islands.
Facts
Number of employees 135
Annual turnover 693 MILL DKK
Annual Reports
- Magn annual report 2009 [PDF]
- Magn annual report 2010 [PDF]
- Magn annual report 2011 [PDF]
- Magn annual report 2012 [PDF]
- Magn annual report 2013 [PDF]
- Magn annual report 2014 [PDF]
- Magn annual report 2016 [PDF]
- Magn annual report 2017 [PDF]
- Magn annual report 2018 [PDF]
- Magn annual report 2019 [PDF]
- Magn annual report 2020 [PDF]
Contact details
Sales Manager Leif Hovgaard +298 237450 / This email address is being protected from spambots. You need JavaScript enabled to view it.
HQ +298 347400 / This email address is being protected from spambots. You need JavaScript enabled to view it.