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Business

Avocado

Bónus with Best Prices

The food item with the biggest difference in price between supermarkets surveyed by the Icelandic Federation of Labour (ASÍ) was an avocado. ASÍ checked the price of 105 grocery items at different supermarkets and found that the price of avocados differed by up to 138 percent.

Reykjavík harbor

Solar Silicon Plant Planned in West Iceland

U.S. company Silicor Materials, a leading manufacturer of high-quality solar silicon, plans to sign a contract with Faxaflóahafnir Associated Icelandic Ports on the building of a new silicon plant at Grundartangi in Hvalfjörður today.

Blue Lagoon, Iceland

Iceland Featured in New Apple Ad

Reykjavík and the Blue Lagoon appear in a new ad for Apple iPad Air. The ad shows travel writer Chérie King using an iPad during her travels to, among other places, Iceland, Vietnam and Morocco.

Tourists in Iceland in winter

One Million USD to Market Iceland

The marketing organization Iceland Naturally will receive USD 1 million (ISK 339 million, EUR 735,000) per year until the end of 2016 to promote Iceland and make Icelandic products and services more visible on the North American market.

newspapers

Glamour to Iceland

The biggest media company in Iceland, 365 miðlar, has signed a contract with Condé Nast to produce an Icelandic version of Glamour magazine.

Icelandair plane

Still No Agreement between Icelandair and Pilots

Negotiations between pilots and Icelandair on a new collective bargaining agreement were broken off at around midday today. A new meeting has not yet been scheduled ahead of a planned strike on Friday from 6 am to 6 pm.

hamburger

Icelandic Hamburger Restaurant Opens in Berlin

Icelandic hamburger restaurant Hamborgarabúlla Tómasar opened Tommi’s Burger Joint in Berlin on Friday. The restaurant is proving so popular that the hamburgers sold out two hours before closing time on its opening day.

Pilot Strike Could Cost Iceland Billions

Icelandair has announced that the strike by the airline’s pilots could cost the company at least ISK 1.5-1.7 billion (USD 13.3-15 million, EUR 9.6 million-11 million). Other businesses are also reporting losses as a result of the strike.

fishermen at work

Unemployment in Iceland Unchanged

A total of 10,500 people out of 181,900 in the labor force in Iceland were unemployed and in active job search during the first three months of this year.

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