Kaupthing Bank reports net earnings of ISK 60.2 billion (EUR 683 million).
Kaupthing Bank’s Results for the First Nine Months of 2007 is out and reports net earnings of ISK 60.2 billion (EUR 683 million). Hreidar Mar Sigurdss...
Business
Information and news on Business and Finance related issues
BBI: Isle of Man savings bank release one year fixed rate bond
Bradford & Bingley International have launched a limited edition one year savings bond paying a fixed interest rate of 6.65% Offshore savings spec...
Makeover for online Icelandic retailer Nordic Store
Nordic Store, which specializes in selling Icelandic products online, has been recently redesigned and relaunched in time for Christmas. The Iceland b...
Baugur considers Moss Bros takeover
Icelandic investment group, Baugur, may be preparing a bid for Moss Bros Group, a suit retailer in the UK suffering from financial problems. The bid, ...
Icelandic fish exporter Tros sold
One of Iceland’s largest exporters of fresh fish by air to the UK and US has been sold to another Icelandic seafood company. Iceland Seafood Int...
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...
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 ...
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...