Business

Landsbankinn

Borgun Sale ‘a Blunder’?

An “obvious blunder” is what Prime Minister Sigmundur Davíð Gunnlaugsson last night called Landsbanki bank’s sale of its shares in the electronic payment service company Borgun in 2014.

Budapest

Direct Flights to Budapest

The Hungarian low-budget airline Wizz Air will be offering direct service between Keflavík and Budapest, starting March 27.

Árni Oddur Þórðarson

Businessperson of the Year Named

The Businessperson of the Year was honored at a reception, hosted by Frjáls verslun business magazine, published by Iceland Review publisher Heimur hf, at Radisson BLU Saga Hotel in Reykjavík yesterday.

Iceland's Only Rabbit Farmer

Birgit Kositzke is a woman who definitely knows what she wants. In 2007 she moved from Germany to Iceland with the idea of carving out her fortune in agriculture. However, it was neither horses nor cows that caught her interest, but rabbits for their meat.

Aluminum smelter in Straumsvík.

Aluminum Smelter Could Face Strike

Negotiations between Rio Tinto Alcan and the unions of workers at the aluminum smelter in Straumsvík, outside the town of Hafnarfjörður, which Rio Tinto operates, have been unsuccessful.

Trim Castle, Ireland

Icelandic Travel Website Expands to Ireland

Icelandic travel planning and booking website TripCreator now offers users to plan trips to Ireland, as announced today. The company plans to add a third destination before the end of the year and other destinations across Europe and North America in 2016.

Into the Glacier.

Innovation in a Glacier

Into the Glacier, the ice cave in Langjökull glacier, was awarded the Innovation Prize of the Icelandic Travel Industry Association Wednesday.

Eve Online

ISK 4 Billion Investment in CCP

New Enterprise Associates og Novator have invested ISK 4 billion (USD 30.5 million, EUR 28 million) in the Icelandic interactive entertainment Company CCP.

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