Króna Falls 6% in September
The Icelandic króna has fallen 6% in respect to the Euro this month, 2% of that dip occurring over yesterday morning, RÚV reports. The Central Bank of
The Icelandic króna has fallen 6% in respect to the Euro this month, 2% of that dip occurring over yesterday morning, RÚV reports. The Central Bank of
The first company to specialize in cryptocurrency commerce and services is now registered with Iceland’s Financial Supervisory Authority, or FME, reports Kjarninn. Morgunblaðið reported first. The company, Skiptimynt, is
Silent consultation between low-cost retailers in Iceland keeps prices artificially inflated, says Auður Ava Ólafsdóttir, project manager of price oversight at the Icelandic Confederation of
CCP Games, Iceland’s largest gaming company, has been sold to Korean company Pearl Abyss for ISK 46.6 billion ($425m/€365m), Kjarninn reports. CCP is best known for producing
The price of wholesale milk and dairy products was raised 4.86% on September 1, RÚV reports. The price increase was put into effect by the Livestock Pricing
Icelandair is outsourcing some of its operations to a subsidiary company based in Estonia, the airline’s interim CEO Bogi Nils Bogason told Viðskiptablaðið in an interview on
Salmon farming company AkvaFuture hopes to start closed-pen salmon farms in Ísafjarðardjúp in the Westfjords, RÚV reports. The company is applying for a licence to produce up
Eco Marine Iceland is experimenting with krill fishing in Ísafjarðardjúp in the Westfjords, RÚV reports. Project Manager Daníel Guðbjartsson says no decision has been made on how
Around 120 companies could face daily fines in January if they do not obtain equal pay certification. The certification, meant to combat the gender wage
Icelandair shares fell sharply in the first trading of the day on the Iceland Stock Exchange, RÚV reports. Just before 10.00am, the company’s exchange rate had fallen
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