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Business

Grímsfjall

Cold Reception for Iceland in Iceland

Representatives of Icelandic authorities, SA – Business Iceland and Promote Iceland met with their counterparts from Iceland Foods in Iceland Friday to discuss the registration of the trademark Iceland in the European Union.

Firefighters

Company Punished after Seventh Fire

The Reykjavík Public Health Authority has temporarily halted the operations of the recycling company Hringrás in Reykjavík, after a fire erupted there on Tuesday night.

Landsbankinn

Landsbankinn CEO Steps Down

The board of directors of Landsbankinn bank and CEO Steinþór Pálsson have reached an agreement that he leave his post at the bank.

Eggs

Egg Farm is Example of Greenwashing

The Kastljós news analysis program which aired Monday night and revealed deplorable conditions at egg farms owned Brúnegg, has sparked discussion in Iceland about whether consumers can trust marketing labels.

Brúnegg hens.

Video: Deplorable Conditions at Egg Farm

Last night, the news analysis program Kastljós revealed deplorable conditions at an egg farm, which for years has been marketed as taking exceptionally good care of its hens and being environmentally friendly.

Flateyri, West Fjords

Strong Króna Tough for Fish Processing

Representatives of fish processing companies in the northern part of the West Fjords are worried about the strong value of the Icelandic króna, which has caused them a considerable loss of income.

Skyr

Ruling on Dairy Company Reversed

A competition appeal committee has ruled to revoke the decision of the Icelandic Competition Authority to fine MS Iceland Dairies for violating anti-trust law.

Cows at Mývatn

Fresh Meat Import Ruling Debated

The Reykjavík District Court ruled Friday that the Icelandic State must pay damages to a company that was prevented from importing fresh beef tenderloins to Iceland.

Eimskip

Eimskip Acquires Nor Lines

The Icelandic transportation company Eimskip has signed an agreement to acquire the Norwegian shipping and logistics company Nor Lines.

abacus

Quick Counter Needed

A construction company in Hafnarfjörður published the following message in Morgunblaðið’s classified ads section Saturday:

Supreme Court of Iceland

Supreme Court Affirms Kaupþing Convictions

Yesterday afternoon The Supreme Court of Iceland affirmed the guilty verdicts handed down by the Reykjavík District Court in June of last year over seven out of nine former Kaupþing bank directors.

Icelandic money

Are Taxes Optional?

Foreign companies can choose whether to pay income tax in Iceland, states tax expert and adjunct lecturer at the University of Iceland.

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