Danes Buy Icelandic Hardware Store

husasmidjan-logoThe acquisition of the Danish construction supplies store Bygma A/S of the Icelandic hardware store Húsasmiðjan will be carried through early this week as stated in an agreement between Bygma and the fund Framtakssjóður Íslands, Húsasmiðjan’s owner.

Continue reading

Red or White Christmas in Iceland?

snow-akureyri-dec09_esaIt is unclear whether Icelanders will enjoy a white Christmas this year or whether Christmas will be red, or snowless. “There will probably mostly be sleet or snowfall,” said meteorologist Einar Magnús Einarsson at the Icelandic Meteorological Office.

Continue reading

Neue Straßen, keine Tunnels

ogmundur-jonasson_radherraInnenminister Ögmundur Jónasson stellte vergangenen Mittwoch die neuen Pläne für Straßenbau und Transport für die nächsten zehn Jahre bis 2022 vor. Die Regierung plant, in diesem Zeitraum ISK 300 Milliarden (EUR 1,9 Milliarden) in den Ausbau von Straßen und Infrastruktur zu stecken.

Continue reading