Swiss family-run contracting company Marti Holding AG has taken over the Icelandic contractor Íslenskir adalverktakar (ÍAV), thus securing approximately 400 jobs.
One of ÍAV’s current projects is the construction of Harpa, the Icelandic Concert and Conference Center. Copyright: Icelandic Photo Agency.
However, the number of employees is decided by which projects are being worked on at any given time, visir.is reports.
One of the current projects is the construction of Harpa, the Icelandic Concert and Conference Center, at the Reykjavík harbor. The takeover also creates new opportunities for ÍAV through overseas projects.
Marti Holding operates more than 60 contracting companies in Europe. It has worked with ÍAV for many years on tunnel making and is ÍAV’s partner in the construction of a tunnel and avalanche revetment in Bolungarvík.