IV Iceland completes construction of first factory in Snæfellsnes
IV Iceland (IVI), a subsidiary of Iceland Ventures Limited, has completed the construction of its first factory on the Snæfellsnes peninsula in Icelan...
Business
Information and news on Business and Finance related issues
Cairn comes up empty-handed again
Cairn Energy has yet again failed to find oil or gas at its wells in Greenland. The Scottish exploration company’s shares fell one percent on the anno...
Hotel refuses to scrap women-only floor
A hotel in Denmark is refusing to remove its women-only floor despite being told by the country’s equality board that it is illegal. The Bella Sky Hot...
Stockholmers shocked by giant chipmunk invasion
An invasion of giant chipmunks at the turning-on ceremony for Stockholm’s Christmas lights has shocked residents and city officials alike.
Man’s best friend an enemy to lampposts
A Finnish energy company has blamed dogs for corroding the capital’s lampposts when marking their territory. Helsingin Energia claims it is constantly...
Actavis acquires Dutch pharmaceutical packing manufacturer
Iceland-based generic pharmaceuticals company, Actavis has recently acquired 100% of the shares of the Dutch pharmaceutical packing manufacturer Pharm...
New pig farm footage causes stink
New undercover videos showing pigs in squalid and cramped conditions in Finnish farms have raised the issue of cruelty and negligence again in the mea...
Nokia to cut 17,000 jobs
Finnish-German telecoms giant Nokia Siemens has surprised the business world by announcing 17,000 job cuts, representing a very-significant 23 percent...