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Creditinfo HQ to Move Abroad

Icelandic credit information company Creditinfo will move its headquarters abroad. The company employs around 300 people in 17 countries and reported profits of around ISK 500 million last year, according to news website

Reynir Grétarsson, the largest owner of Creditinfo, confirmed the news to but declined to comment further. Reynir sent Prime Minister Sigmundur Davíð Gunnlaugsson, Minister of Industry and Commerce Ragnheiður Elín Árnadóttir and Finance Minister Bjarni Benediktsson letters after Foreign Minister Gunnar Bragi Sveinsson put forward the proposal to withdraw Iceland’s application for EU membership. The letter urged the government to take action to improve the status of Icelandic companies with international operations. Reynir said that he did not receive a reply from the ministers.

Creditinfo has joined a group of other Icelandic companies—Marel, Össur and CCP—which are considering moving their headquarters abroad.

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