Glitnir bank capable of covering costs
Nordic bank Glitnir reported last week that it had sufficient liquid assets to fund its 3.5 billion Euro refinancing costs for 2008, according to Reut...
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Information and news on Business and Finance related issues
Norway oil production dropped in 2007
Norway produced only 128.5 million standard cubic metres of oil in 2007, dropping from a 2006 total of 136.7 million, reports Reuters.com. The Norwegi...
New equity rights market opens in Iceland
The Nordic Exchange Iceland opened a new specialty submarket for equity rights earlier this month, reports newsdesk.se. The OMX ICE Equity Rights subm...
Glitnir Bank in data management deal with Siperian
Glitnir announced yesterday that it has chosen a new master data management platform from Siperian to create a unified view of customers, products and...
Fish factories face tough times in Iceland
Iceland’s large cut in cod quotas last year may cause another fish processing plant to close down, reports FISHupdate.com. Located in the remote area ...
Reykjavik hosts Internet marketing conference
The annual Reykjavik Internet Marketing Conference and Expo (RIMC) will be taking place on Friday 8th February at the Hilton Nordica in Reykjavik, Ice...
Mærsk is no longer the largest company in Denmark
Nova Nordisk has become bigger than shipping company A.P. Møller-Mærsk. While the Novo Nordisk group has experienced huge growth, Mærsk has had proble...
Former CEO of Glitnir Bank invests in Glitnir Property Holding
Bjarni Ármannsson, former CEO of Glitnir Bank, signed an agreement, after closing of market on Friday 21st of December, to buy 12% of Glitnir Property...