Tag Archive | "hagar"

Icelandic retail chain broke competition laws


Bónus1The Reykjavik District Court has ordered Hagar to pay ISK 315 million in fines for abuse of market position. Read the full story

Posted in Business, General, Iceland, MBL, SocietyComments (7)

Iceland retail empire to list on stock exchange


BónusIceland’s Arion Banki has decided to list retail giant Hagar on the Reykjavik stock exchange as a public listed company. Read the full story

Posted in Business, General, Holland, MBLComments (3)

Arion: Hagar not for sale


Hagkaup1Representatives of a large investment group wishing to buy Iceland’s Hagar retail business say they have been locked out, claiming to be disappointed on behalf of the man on the street. Read the full story

Posted in Business, Iceland, MBL, United KingdomComments (3)

New Icelandic supermarket brings politics to the high street


kosturIcelandic businessman and political campaigner, Jon Gerald Sullenberger promised last December to open a new low cost supermarket in Iceland to rival Bonus. The new store opened yesterday under the name Kostur – but it was not an easy birth. Read the full story

Posted in Business, Iceland, MBL, PoliticsComments (1)


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