3,000 companies established in Iceland last year Skip to content

3,000 companies established in Iceland last year

By Iceland Review

3,000 companies of the form hf. and ehf. were established in Iceland in 2005, 17% more than in 2004 reports the Icelandic National Broadcasting Service. 72% of the companies reside in the Greater Reykjavík Area.

Of the new companies 439 were holding companies, a 77% increase from the year before. There were 54% fewer entrants in the field of financial services than the preceding year.

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