Iceland sees highest increase in drinking
The 2007 report from the OECD indicates that Icelanders have increased their consumption of alcohol by 65% since 1980, the highest level of all member...
Countries
Where the news is happening by country
Marel buys Stork Food Systems
Icelandic company Marel Food Systems recently doubled its size again with the purchase of Stork Food Systems for €415 million ($607 million, £300 mill...
World’s first hydrogen station opens to public
The world’s first ever hydrogen filling station opened its doors to the general public yesterday. The filling station was originally opened for busine...
FL Group signs property deal with Baugur
Icelandic investment company FL Group announced on Tuesday an agreement to buy the property holdings of Baugur Group in a deal worth ISK 53.8 billion ...
Icelandic environmental policy finalised for UN conference
The Icelandic Minister of the Environment, Thorunn Sveinbjarnardottir, yesterday unveiled the government´s new environmental policy which will be pres...
Tax cuts delayed in Iceland
Prime Minister Geir Haarde recently announced that in order to reduce the risk of fueling escalating inflation, the government will likely delay the i...
FL Group, Jon Sigurdsson appointed Chief Executive Officer
FL Group, the international investment company, announced today that Hannes Smarason has stepped down from his role as Chief Executive Officer and Jon...
Personal DNA data soon available to all
deCode Genetics in Iceland is joining a handful of other companies breaking into the market of genetic information databases that are available to mem...