Stock Photo - Pyramiden was founded by Sweden in 1910 and sold to the Soviet Union in 1927. It lies at the foot of the Billefjorden on the island of Spitsbergen and is named after the pyramid-shaped mountain with the same name adjacent to the town. The nearest settlements are Svalbard´s capital, Longyearbyen, some 50 kilometres to the south, Barentsburg approximately 100 kilometres south-west and the small research community of Ny-Šlesund, 100 kilometres to the west.