Reykjavík
-1°C
ESE

industry

United Silicon, Helguvík.

Silicon Smelter Fumes Cause Concern

The United Silicon metal smelter in Helguvík, Southwest Iceland, is making the headlines again, this time after Stundin released a video of dust being released from the building in the dark of night.

Power Line Project Battle Continues

For the second time, the environmental associations Fjöregg and Landvernd have reported the decision to issue a project permit for a controversial power line to an environmental ruling committee.

Alþingi, Iceland's parliament

Power Line Bill Postponed

A parliamentary bill, intended to ensure that work on a power line project in North Iceland resume, will not be voted on in Althingi, the Icelandic parliament, before the October 29 election.

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.

fishermen at work

Foreign Minister Firm on Russia Sanctions

Icelandic Foreign Minister Gunnar Bragi Sveinsson is determined not to withdraw his support for Western sanctions against Russia, despite losses suffered by the fishing industry after Russia imposed an import ban on food from Iceland in August.

Laki crater

Tourism Policy Introduced

Comprehensive cooperation between authorities, municipalities, and the travel industry has been announced in a new policy for the travel industry.

Sigmundur Davíð Gunnlaugsson

PM’s Greenhouse Gas Goal Debated

Prime Minister Sigmundur Davíð Gunnlaugsson promised a 40 percent reduction in the emission of greenhouse gases at the United Nations Sustainable Development Summit Saturday, but has since been harshly criticized by the Icelandic Environment Association for lack of honesty.

Alcoa Fjarðaál aluminum smelting plant

Chinese to Fund New Smelter in Northwest Iceland

Icelandic company Klappir Development and China Nonferrous Metal Industry’s Foreign Engineering and Construction (NFC) signed a declaration of intent on the building of an aluminum smelter in a planned industrial area at Hafursstaðir in Skagabyggð, Northwest Iceland, in Reykjavík on Tuesday.

DeCode lab

Funding for Codland’s Icelandic Fish Skin Products

Startup company Codland in Grindavík, Southwest Iceland, has received ISK 75 million (USD 563,000, EUR 496,000) in funding from Nordic Innovation for developing products from fish skin. Once a three-year research project has been completed, the plan is to build a plant in Grindavík and process 3...

Keflavík

Southwest Iceland Community Heavily Indebted

Reykjanesbær municipality in Southwest Iceland, including Keflavík, is in debt by more than ISK 40 billion (USD 327 million, EUR 260 million), as revealed when a report by KPMG on the community’s finances was presented at a public meeting yesterday evening.