Oil companies turning their backs on Greenland
Greenland’s hopes of developing into the world’s next big oil excavation centre are turning sour, with three large energy companies pulling the plug o...
Business
Information and news on Business and Finance related issues
Iceland underlines its efforts for promoting geothermal energy with IGC 2016 sponsor agreement
An agreement has recently been signed between Iceland’s Minister for Foreign Affairs, Gunnar Bragi Sveinsson, and Rósbjörg Jónsdóttir, Partner at Geko...
Huge turnover of fast food restaurants in Aarhus
Fast food restaurants in the Danish city of Aarhus are popular but are finding it increasingly tough to stay open for more than a couple of years, a r...
Chinese company wins rights to Greenland mining project
Chinese firm General Nice Development has won the rights to take on a Greenland-based iron ore contract after British London Mining went bankrupt.
Iceland Geothermal Conference 2016 to focus on benefits of geothermal energy
It has been announced by the Iceland Geothermal Conference (IGC) that the 2016 event will be focusing on the advantages of using geothermal energy and...
Uber taxis given green light by police in Denmark
App-transportation taxi company Uber has been told it is within its rights to operate in Denmark, after being reported to police shortly after announc...
Faroe Islands FTA with Turkey another blow for Scottish pelagic industry
The Faroe Islands have signed a Free Trade Agreement (FTA) with Turkey in a move that Scottish pelagic industry members have described as “another dev...
Keflavik Airport to get €100m expansion boost
Keflavik International Airport is to receive a funding boost of €100m so it can carry out expansion projects in a facility that is becoming increasing...