A group of key owners in Icelandic retail giant Hagar have made a deal with Arion Banki to keep a share of the business, despite its having been insolvent and taken over by the bank.
Tag Archive | "bónus"
Insolvent Icelandic retail bosses given gift of shares by liquidating bank
Posted on 24 November 2011.
Posted in Business, Featured, General, Iceland, MBLComments (0)
Bonus founder removed from Icelandic supermarket board
Posted on 31 August 2010.
The co-founder of Iceland’s Bonus supermarkets, Johannes Jonsson, has been removed from the board of Hagar following a decision by Arion Bank that both parties’ best interests are no longer served by working together.
Posted in Business, Faroe Islands, Featured, General, Iceland, MBLComments (3)
Survey result: food price in Iceland appears stable
Posted on 15 June 2010.
The cost of food has stayed roughly the same in Iceland for the last ten months, according to a survey by Stod 2 television. Some products in the “general food basket” have become cheaper; but cod liver oil and cucumbers have increased the most.
Posted in Business, Featured, General, Iceland, MBL, SocietyComments (0)
Icelandic Bonus boss to open supermarkets in the UK?
Posted on 19 March 2010.
Jon Asgeir Johannesson, the former boss of now-bankrupt Baugur Group is preparing to open a three-store chain of low cost supermarkets in London.
Posted in Business, Featured, General, Iceland, MBL, United KingdomComments (13)
Icelandic retail chain broke competition laws
Posted on 20 February 2010.
The Reykjavik District Court has ordered Hagar to pay ISK 315 million in fines for abuse of market position.
Posted in Business, Featured, General, Iceland, MBL, SocietyComments (7)
Iceland retail empire to list on stock exchange
Posted on 06 February 2010.
Iceland’s Arion Banki has decided to list retail giant Hagar on the Reykjavik stock exchange as a public listed company.
Posted in Business, Featured, General, Holland, MBLComments (3)
Danish immigrants to receive leaving bonus
Posted on 22 November 2009.
Immigrants who will not or cannot integrate effectively into Danish society are set to receive a handout, if they are willing to leave for home.
Posted in Culture, Denmark, International, MBL, Politics, Society, TravelComments (9)
New Icelandic supermarket brings politics to the high street
Posted on 15 November 2009.
Icelandic 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.
Posted in Business, Iceland, MBL, PoliticsComments (1)
