Biggest Listing Ever in Iceland

stockexchange_pkSeven companies have asked to be listed on the NASDAQ OMX in Reykjavík, in one of the biggest privatization plans in the country’s history. All seven companies are owned, at least in part, by Landsbanki Íslands, which the Government of Iceland owns 81 percent.

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More Power to the People

karahnjukar_psLandsvirkjun accounts for 75 percent of total electricity production in Iceland; in the year 2010 production reached 12,625 GWh. Climate change and the resulting increase in temperatures are expected to lead to a significant increase in the flow of glacial rivers in the years to come.

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