Bigger Plan for Iceland’s Nikita

snowboard_psAmer Sports is acquiring Nikita ehf., an Icelandic snowboarding-inspired action sports apparel brand which focuses on female consumers, as announced on Friday. The annual net sales of Nikita are approximately EUR 8 million (ISK 1.3 billion, USD 10 million).

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Paarungszeit: Isländische Schafe gehen es an

ram-snow-myvatn_psObwohl während der aktuellen Paarungszeit etwa 30.000 Schafe in entsprechenden Besamungszentren in Süd- und West-Island besamt werden, gibt es immer noch ein paar blæsma-Schafe, wie die Paarungsbereiten genannt werden, die Besuch von Widdern bekommen und die Sache auf ganz natürlichem Wege angehen.

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Other Glitnir Bank Indictee Named

glitnir-headq_ipaIt was revealed yesterday that the Office of the Special Prosecutor in Iceland, responsible for investigating the banking collapse in 2008, has filed charges against Guðmundur Hjaltason, the former managing director of Glitnir Bank’s company division, along with former CEO of the defunct bank, Lárus Welding.

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Reykjavík Landmark Perlan Sold

perlan-dark-lights_psThe executives of Reykjavík Energy (Orkuveita Reykjavíkur; OR) have signed a preliminary contract to sell Perlan (The Pearl) to the highest bidder for close to ISK 1.7 billion (USD 14 million, EUR 11 million); to unnamed investors in the construction and travel industries.

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