Bjarni Benediktsson, the Minister of Finance and Economic Affairs, believes there are indications that many Icelandic companies are struggling to deal with negotiated wage increases.
BSRB has begun its strike actions today as part of its ongoing negotiations with the Icelandic Association of Local Authorities (SNS). As of today, some
The demand for chicks is especially high at the moment, reports Vísir. The high demand has led to some business opportunities, with one chicken farmer
The board of Ístex has decided to raise the price at which it purchases wool from farmers by an average of over 48% for all
Swedish Real Estate Company, Heimstaden, is set to sell 1,700 properties as it prepares to exit the Icelandic market. RÚV reports. Heimstaden started operating in
Since the 1980s, Icelandic horse farmers have been extracting the hormone Equine Chorionic Gonadotropin (eCG) from their pregnant mares to gain extra income. The hormone
AIB, the European company responsible for an energy certification system for power companies in the region, has suspended the sale of green energy credits from
Icelandic caviar will be making its first entry into the market in two months. The caviar, produced by the Ólafsfjörður-based Northern Sturgeon Company, will be
Efforts to encourage Icelandic fisheries to make use of Atlantic bluefin tuna catch quotas allotted to Iceland have yet to prove fruitful. While tuna goes
Updates to digital payment systems caused confusion over the weekend, when some consumers in Iceland were charged excessive amounts for some everyday purchases. On Saturday,
